BSBLDR803 - Formative Assessment Task 3: Partnership Plan Report

This report details a partnership program plan, outlining the steps and strategies for establishing and maintaining effective collaborations. It begins with a formal partnership agreement and a media campaign to promote the joint venture between Sim's hardware and XYZ Ltd. The report emphasizes the importance of establishing positive collaborative relationships by creating a clear vision, communicating expectations, and setting measurable team goals. It also covers approaches for fostering trust, building support, and improving personal performance among staff. Furthermore, the report addresses the significance of consulting with partner companies through regular meetings and workshops. Finally, it explores influencing strategies, such as providing rewards, integration, and clear communication, to increase commitment and promote a positive organizational culture among partners and stakeholders. The report is based on the Learner Guide BSBLDR803 Develop and Cultivate Collaborative Partnerships and Relationships.

FORMATIVE ASSESSMENT
TASK 3- LEARNING
MANAGEMENT

PARTNERSHIP PROGRAM
PLAN
• Effective partnership is a systematic approach, which requires certain
steps. A partnership plan 2 months is as follows:
Program comments Activities Timeframe
Development of strategic plan  Defining the roles of partners
 Determining the engagement strategy
 Determining the resources
 Establishing evaluation criteria
2 weeks
Making investment to the program  Aligning the staffs and finding
 Developing the tool for giving training to the staffs
 Providing effective resources to ensure appropriate collaboration
1 week
Fostering a collaborative organisational culture  Establishing comprehensive leadership support
 Establishing common language
 Determining on-boarding communication
2 week
Marketing the program with the stakeholders  Defining the value proposition
 Engaging the targeted partners
 Determining the process for sharing the success of partnership
 Exiting marketing material
2 weeks
Measuring the progress  Developing the measure related to outcome of partnership
 Regular reassessment of program
1 week

DETAILED PARTNERSHIP
AGREEMENT
• A partnership agreement has been made into _______ day of ________ (Execution date)
between _______ of _____________________________ and __________ of ________________.
• The partners are fully agreed to manage both risk and benefit of joint venture.
• All terms and conditions will be followed in the partnership.
• Through this agreement, the partners enter into general partnership under the
regulatory framework of Australia
• The rights and obligations of the partners will be executed in accordance with the
state law of Australia.

MEDIA CAMPAIGN FOR
ADVERTISING NEW JOINT
VENTURE
• Media campaign is the key of keeping the target
market attracted. The media campaign for the joint
venture is as follows:
• Sim’s hardware has entered into partnership with
XYZ Ltd
• The aim behind such partnership is to offer the
customers with something new and innovative
• The number of staffs in Sim’s hardware was 120
and the number of eployees in XYZ ltd. Is 50, who
will also be merged.

ESTABLISHMENT OF POSITIVE
COLLABORATIVE REATIONSHIP N
SIM’S HARDWARE
• Collaboration is the major factor to attain long term success
from business. This is the way, through which organisational
productivity can be accelerated. The way of conducting
positive collaborative relationship in an organisation include:
• Creating clear vision for all of the employees (Goodman et al.
2016)
• Communicate the expectation among the staffs
• Establishing the measurable team goal on quarterly basis.
This will help in increasing the degree od transparency which
is very much needed to create a cohesive bond among the
team members.

CONTD.
• Other approaches of creating positive collaborative
relationship include:
• Providing leadership support to give the staffs with right
direction
• Establishing realistic expectation (McCarthy 2016)
• Organizing the entire process
• Building trust and mutual understanding among
individual human resources, which will help in
promoting creativity and innovation (Leung et al. 2015)
• Recognizing the collaborative belabour will also act as a
motivational factor for the staffs

ESTABLISHING PERSONAL
PERFORMANCE AND
CONDUCT
• Generating trust and confidence among the partners is very
much needed in order to establish robust business relationship.
Improving personal performance and conducts among the staffs
is the key of reinforcing trust among the staffs. The way, through
which staffs can be encouraged to improve their personal
competency include:
• Professional, respectful and supportive attitude among the
staffs (Goodman et al. 2017)
• Maintaining the standard of professional performance.
• Working properly to accomplish shared goals

CONSULTATION WITH
PARTNER COMPANY
• It is imperative to consult with the partner
company properly in terms of mitigating any
kind of issue.
• Regular meeting is the innovative way, through
which effective consultation with the partner
company can be carried out.
• Memos and e-mails must also be used to keep
the partners informed.
• Conduction of workshop in order to cover
special issues.

INFLUENCING STRATEGIES FOR
INCREASING COMMITMENT
AMONG THE PARTNERS
• Implementation of effective influencing strategy is very much needed in
order to lead them to put their best for promoting desired organisational
culture.
• Providing reward is the key of motivating them to create positive
organisational culture
• Integration is another vital way of helping one stakeholder to influence
the other.
• Clear communication in the organisation is the most important
influencing strategy.
•

REFERENCES
• Goodman, N., Bird, K. and Gabel, C., 2017. Towards a more collaborative
political science: a partnership approach. Canadian Journal of Political
Science/Revue canadienne de science politique, 50(1), pp.201-218.
• Hopwood, N., Day, C. and Edwards, A., 2016. Partnership practice as
collaborative knowledge work: overcoming common dilemmas through an
augmented view of professional expertise. Journal of Children's Services,
11(2), pp.111-123.
• Leung, K.K., Mok, B., Ho, S.K. and Lau, T., 2015. A comprehensive approach
in sourcing suppliers and establishing collaborative partnership in cable
market. CRC Press.
• McCarthy, J., 2016. Partnership, collaborative planning and urban
regeneration. Routledge.