10 tips for implementing a public to public partnership
In my last post , I proposed that economic and social value from Public Private Partnerships (PPPs) can be improved significantly if the public sector can identify and exploit the potential to create Public to Public Partnerships (P2Ps). I believe that P2Ps can use their combined scale and power to challenge the private sector to deliver additionality over and above what the public sector can achieve within the timeline and resources available. They can create an imperative for the private sector to innovate and to use their competencies, capabilities, and capacity to contribute to a PPP and in transforming the Economic and Social Value Equation. Additionality in PPPs needs to be more than what the public sector alone can achieve. Because many public sector organizations are still at the early stages of looking at P2Ps, I’ve compiled a series of suggestions based upon experience that interested individuals can use to explore P2P development. Public sector managers need to assess if it’s the right approach for their organizations within the context of the aspirations to deliver enhancements to the Economic and Social Value Equation.
10 Tips for Implementing P2Psm
SOURCE: World Economic Forum