Z-PLUS

In the business industry, partnership has proven to be one of the most powerful business tools for dealing with fast-changing trends, markets and technologies. The greatest change in this industry is the growth of relationships based on partnership. As the global economy speeds up, partnership is becoming the weapon of choice for today’s successful competitors.

Why do you need to create strong partnership? According to Helen Keller, “Alone we can do so little; together we can do so much.” It is true that we do better together than we do separately. Most businesses succeed because of strong and long-lasting business relationships. Opportunities increase when you help others win. Whilst it is important to be aware of and sensitive to cultural differences and individual principles when partnering, success still lies in the combination of both talent and business savvy.

Don’t build links, build relationships. — Partner up to produce meaning and value, whether it be with your suppliers, investors, consultants, customers, tenants, contractors or even with outsourcing service providers. But, keep in mind that you have to know your partner’s background, their vision for the partnership and their approach to business because some partnerships succeed whilst others crash and burn. So, consider some issues before you ink any partnership deal. ‘Cause if you don’t, you’ll end up whining about your pitfalls and challenges of partnering.