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The key steps in tracking a partnership's activity progress include:
1. Establishing clear objectives and goals for the partnership.
2. Developing outcome-based measures for success.
3. Regularly monitoring and evaluating the partnership's progress towards these goals.
4. Identifying potential risks and calculating partnership value against potential exposure to risk.
5. Using an evaluation matrix to weigh various partnership options against each other.
6. Regular communication and feedback between partners to ensure alignment and address any issues or challenges that may arise.
Question was asked on:
Track a partnership's activity progress and develop outcome-based measures for success. (Slide 4) Potential risk association identifies and calculates partnership value against potential exposure to risk. (Slide 8) An evaluation matrix weighs various partnership options against each other to select more organizational buy-in, better brand synergy, or acquire more customers. (Slide 12)
Asked on the following presentation:
How do you select the right partners and pool the best resources? Mutually beneficial relationships with another organization can elevate growth, inno...
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