Partnerships and Governance in the Next Economy

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Key points from “Partnerships and Governance in the Next Economy”:

• Why meetings are important and the different types of decision-making processes. [0:02:36]

• Kevin explains critical aspects and principles of the decision-making process. [0:05:35]

• The costs that come with autonomy and choice. [0:09:26]

• We discuss developing effective suggestions and using them. [0:13:49]

• Learn more about strategic partnerships, why they are so important and common hurdles. [0:21:30]

• Overview of the key considerations for strategic partnerships. [0:24:57]

• Closing comments and important insights for the audience. [0:31:05]

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Tweetables from “Partnerships and Governance in the Next Economy“:

“It’s really helpful to have a decision zone chart to really get a feel for what can be most effective for your type of business.” — @HoneymanConsult [0:05:21]

“If you don’t have one [decision-making process in place]the implicit power structures will tend to take over.” — @kevinbayuk [0:08:06]

“Being as clear as possible and as explicit as possible allows for more autonomy and freedom for delegation or decision-making at the edges.” — @kevinbayuk [0:09:07]

“The more important the decision, the more stakeholders you want to involve.” — @kevinbayuk [0:09:51]

“Create the habit of continually expanding the web of relationships, proactively, not just reactively [is essential].” — @kevinbayuk [0:29:04]

“That’s too many groups [LIFT Economy] has associated with, do not actively invest in developing partnerships as it will take time, effort and attention.” — @kevinbayuk [0:30:50]

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Mentioned links in “Partnerships and Governance in the Next Economy“:

The Next Economy MBA course: https://go.lifteconomy.com/nextmba

The next Business MBA: https://www.penguinrandomhouse.com/books/717861/

Kevin Bayuk on LinkedIn: https://www.linkedin.com/in/kevinbayuk/

Kevin Bayuk on Twitter: https://twitter.com/kevinbayuk

Ryan Honeyman is on LinkedIn: https://www.linkedin.com/in/ryanhhoneyman/

Ryan Honeyman on Twitter: https://twitter.com/HoneymanConsult

Starthawk: https://www.starthawk.io/

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Next Business MBA

This episode is brought to you by the Next Economy MBA.

What would commercial training look like if it were completely redesigned for the benefit of all life? This is why the LIFT Economy team created the Next Economy MBA (https://lifteconomy.com/mba).

The Next Economy MBA is a nine-month online course designed for people who want to learn key business fundamentals (e.g., vision, culture, strategy, and operations) from an equitable, inclusive, and regenerative perspective.

Join the growing network of over 350 alumni who have discovered new solutions, learned fundamental business skills and joined a lifelong peer group that is catalyzing a global shift toward an economy that works for all lives.

Learn more at https://lifteconomy.com/mba.

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Show notes + other links

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