Partners

Partners - Baldrige Glossary Definition

(Baldrige Glossary for Business, Government (Public Sector) and other Nonprofit

The term 'Partners' was first introduced in the Baldrige Glossary in 2005.

Partners

The term partners refers to those key organizations or individuals who are working in concert with your organization to achieve a common goal or to improve performance. Typically, partnerships are formal arrangements for a specific aim or purpose, such as to achieve a strategic objective or to deliver a specific product.

Formal partnerships are usually for an extended period of time and involve a clear understanding of the individual and mutual roles and benefits for the partners.

See also the definition of collaborators.

Note: Blue words above are hyperlinks to other Integrated Glossary terms.

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Baldrige Glossary - Partners