Ethical Corporation discussed creating successful partnerships with the Sustainability Directors of Timberland, Starwood Hotels and William Jackson Food Group in a live webinar with over 700 listeners on 1st December
Building successful partnerships with key stakeholders is tricky, but getting this right can help your business, and more importantly your industry, create that bigger overall change.
88% of listeners agreed that forging partnerships with key stakeholders are vital to long term business success.
Timberland, Starwood Hotels and William Jackson Food Group focused on how they are practically collaborating to achieve business growth, the benefits of their approach, and what this means for their brand value.
The webinar was full of useful hints and tips for the audience to take away, but the selected top tips to starting off a successful partnership included;
Start off small: perfect your partnership journey with 1 or 2 stakeholders to understand what works for you
Don't do too much too fast: take your time and pull efforts in building a lasting relationship
Promote transparency and open communication with your potential partners
Friend or Foe? Invite all your stakeholders to the table to understand their business better and assess the impact that a partnership will have
Be proactive rather than reactive with NGOs: be ahead of the game
You can listen to the full recording of the webinar here.partnerships collaboration rbs16