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Explore the challenges, best practices, and successful strategies in building partnerships in the new data ecosystem. Discover how to operationalize proposed solutions and address identified challenges. Facilitated by Rolando Avendano.
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Session 4: Working with new actors Break-out discussions Group 3What are the success factors in building partnerships in the new data ecosystem? Facilitator: Rolando Avendano
Outline • Group Members • Challenges • Best practices, successful strategies, mechanisms and tools • Explanations on how the proposed solutions can be operationalised • Questions
Group Members • Kristofer Hamel • Matthew Fisher Post • Francois Fonteneau • AarogyaKoirala • Dr.HugusKouadio • Badria Abdulla • Asma Abdullah • Rolando Avendano (Facilitator) • Archita Misra (Note-taker)
Introduction • Partnership is more than just collaboration on ad-hoc projects. It is about moving beyond responsibility for independent results to a relationship that involves co-creation, shared risks and responsibilities, interdependency, and organizational transformation. True partnership is about identifying shared value and leveraging the combined strengths of each partner to achieve a level of impact that could not be accomplished independently.” (KPMG, Unlocking the Power of Partnership – A Framework for Effective Cross-Sector Collaboration to Advance the Global Goals for Sustainable Development) • Factors for a partnership: strategic fit, common understanding, management commitment, resource fit, communications and IT strategy
Identify challenges in building partnerships in the new data ecosystem • Scope of data confidentiality • Incentives and resources • Misalignment • Mutual Buy-in • Legal frameworks • Management commitment
Success ingredients • Defining a partnership: Specify mutual needs, purpose and focus • Building Trust • Manageable number of partnerships • Define low hanging fruits – short term success measures • Closing a partnership • Space for risk, experimentation and failure • Business case development • Dynamic performance measures
Considerations for technological partnerships • Agility/flexibility • Patience • IP rights • IT strategy align with overall strategy of the partnerships • common goal and clear instructions across all levels of management and governance • Soft partnerships – standards, compliance and comparability • Leveraging competitiveness among players
Provide brief explanation to how the identified challenges can be tackled • Seize the moment – sense of competition and urgency • Dynamism in the partnerships, space to tweak/iterate for technological partnerships • Identification of needs and setting expectations • Course correction/corrective actions and measures • Planning for financial arrangements • Consistency in top-down and bottom-up approaches