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Strategic Partnerships with Universities (PowerPoint PPTX)
PowerPoint (PPTX) 33 Slides FlevyPro Document
DESCRIPTION
Partnerships among companies and universities are important drivers of the Innovation economy. Fruitful partnering with universities comprises of having the appropriate people, processes, and organizational backing to guarantee success and to detect and manage sources of conflict.
This framework discusses the questions of why universities and industry should partner, how to partner, and how to design the finest partnership.
Research spanning several years has brought to light following 6 critical questions whose answers help assess the viability of and improvement in the university-company partnership:
1. What are the business objectives that necessitate the university partnerships?
2. What are the main focus areas in the university partnerships, and what selection process safeguards their alignment with the business objectives?
3. Which yardstick has been applied to choose the principal university partners, who are they?
4. What partnership arrangements pair with the set focus areas and business objectives?
5. What human resource, process, and organizational structures aid the university partnerships?
6. What key performance indicators are extremely effective for assessing the university partnerships?
We dive into each question in depth within this presentation, as such associations have long been a pillar of corporate research and development.
Increasingly, organizations are looking towards open Innovation to enhance their in-house R&D efforts. University-industry partnership goes a long way in achieving this objective.
The slide deck also includes some slide templates for you to use in your own business presentations.
The presentation also explores various partnership models, including class projects, capstone projects, research projects, and sponsored positions. It highlights the importance of clear outcomes, curriculum relevance, and the scale and duration of collaborations. The PPT provides a comprehensive guide on structuring these partnerships to maximize benefits, ensuring alignment with business objectives and effective performance assessment through KPIs. This resource is essential for executives aiming to leverage academic collaborations for innovation and growth.
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Source: Best Practices in Innovation, Partnerships, Education PowerPoint Slides: Strategic Partnerships with Universities PowerPoint (PPTX) Presentation, LearnPPT Consulting
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