Althoughnon-profit organizations do not over rely on revenue generation, theymay require resources for the efficient performance of theiressential functions. The formation of a partnership with othernonprofit organizations, private firms, and government agencies isessential to the provision of these resources. The various methods ofpartnerships include collaboration, mergers, strategic alliance,integration, and parent subsidiaries. However, before the formationof these forms of engagement, these companies must analyze thebenefits they seek and be prepared to propose a model of partnershipwhich is effective for them. The board of trustees of theorganization may terminate the plans for partnership if certainconditions are not met. This paper seeks to analyze the circumstancesin which the board members may decide not to partner with anothernonprofit organization.
Oneof the reasons for disapproval of partnership is the lack of theintended benefits. The key role for the association is thedevelopment of mutually beneficial engagement between the companies.If the board members feel that the relationships won’t sustainablyyield the resources required for scaling up, they will not be willingto enter into a partnership. These alliances should ensure thecompany will be able to promote social value as well as build itscapacity for expanding its services. The leaders may also terminatethe collaboration if they feel that missions and visions of thecompanies involved do not fit. Additionally, the resources, timeline,expectations, partnership values, and specialty must also beevaluated to ensure there are no conflicting concerns. The leadersmay end the partnership may be partnered if they feel that their corevalues won’t be valued.
Inconclusion, as evident in this paper, it is paramount for a nonprofitorganization to form partnerships. Establishment of theserelationships is essential to meeting some of the key goals. Themajor benefits of the association include expansion of the socialvalue, sharing of the leadership, knowledge, and the enlargement ofthe company. However, it’s the duty of the organization’s boardof trustees to end these engagements it’s agreed that the businessmay fail to meet its set outcomes.