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Volume 32, Issue 3

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Wednesday, 17 June 2015 05:00

Having a Successful Public Private Partnership

Written by  Lee Goldstein, CBCP, MBCI

The importance of public private partnerships in assisting in planning, response, and recovery from a disaster has long been known. Over the years you have read in this column about real-world examples of these partnerships. But I still see a reluctance of private sector organizations in joining or forming such partnerships. Why is that? There is a belief that all the government wants in these partnerships is “what can the private sector provide to us.” Although the private sector does want to help, they are concerned that if they commit resources and their capabilities up front, then they are setting themselves up for issues and problems when a disaster actually hits. In order for a public private partnership to be successful, all parties must see the value in the partnership. Below are examples of public private partnerships that no longer look for just what the private sector can provide but serve