Ten principles for public-private partnerships

September 28, 2005 | Uncategorized

The Urban Land Institute (ULI) has recently published a free, but enormous (19 Meg!) report, Ten Principles of Successful Public-Private Partnerships. 

 

Heston_ten_commandments_wide

“Charlie, have you saved that file to disk?”

 

The ten principles, each backed up with a couple of pages of useful exposition, are:

 

1.         Prepare properly for public-private partnerships.

 

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Lay in a large stock of P Scrabble tiles. 

 

            2.         Create a shared vision.

            3.         Understand your partners and key players.

            4.         Be clear on the risks and rewards for all parties.

            5.         Establish a clear and rational decision-making process.

            6.         Make sure all parties do their homework.

            7.         Secure consistent and coordinated leadership.

            8.         Communicate early and often.

            9.         Negotiate a fair deal structure.

            10.        Build trust as a core value.

 

Yes, these do have a slight “How To Do It” quality to them:

 

Alan

Well, last week we showed you how to become a gynecologist.  And this week on ‘How to do it’ we’re going to show you how to play the flute, how to split an atom, how to construct a box girder bridge, how to irrigate the Sahara Desert and make vast new areas of land cultivatable, but first, here’s Jackie to tell you all how to rid the world of all known diseases.

Jackie

Hello, Alan.

Alan

Hello, Jackie.

Jackie

Well, first of all become a doctor and discover a marvelous cure for something, and then, when the medical profession really starts to take notice of you, you can jolly well tell them what to do and make sure they get everything right so there’ll never be any diseases ever again.

Alan

Thanks, Jackie. Great idea.

 

but we have to start somewhere.

Start_here

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