Partnership-based
Characterized by or relying on collaboration, cooperation, and the formation of alliances or joint ventures between individuals, organizations, or entities. It emphasizes shared goals, mutual benefit, and a commitment to working together towards a common objective. This approach often involves the pooling of resources, expertise, and responsibilities, promoting a spirit of reciprocity and shared ownership in the outcome. A partnership-based model aims to foster trust, transparency, and long-term sustainability, as opposed to adversarial or solely self-interested relationships.
Partnership-based meaning with examples
- The company’s new marketing strategy is partnership-based, focusing on collaborations with influencers and other businesses. This approach is designed to broaden reach and leverage the credibility of established partners. This collaborative effort aims to tap into new markets and create a mutually beneficial ecosystem for all involved stakeholders.
- The community development project employed a partnership-based model, uniting local residents, government agencies, and non-profit organizations. This diverse coalition worked together to address housing shortages. The shared responsibility ensured that multiple perspectives were considered during the development of community-oriented strategies.
- The university's research initiatives increasingly rely on a partnership-based funding structure, bringing together academic institutions and corporate sponsors. This collaboration ensures the access of cutting-edge technologies and funding. It promotes the practical application of research findings for greater impact.
- The successful implementation of the healthcare reform required a partnership-based approach involving hospitals, insurance providers, and patient advocacy groups. This collaboration facilitated communication and feedback to create a better system that addressed complex healthcare concerns. The end goal was to deliver effective, affordable care.