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Building Effective Partnerships & Innovating Growth Mary Parsons Places for People

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Published by , 2016-03-23 22:18:03

Building Effective Partnerships & Innovating Growth

Building Effective Partnerships & Innovating Growth Mary Parsons Places for People

Building
Effective
Partnerships
& Innovating
Growth

Mary Parsons

Places for People

Our Growth Strategy

• Placemaking
• Long term investments
• Commercial methods to deliver social

outcomes
• Quality mixed use, mixed tenure places
• Offer a range of tenures, products and services

Growth of Growth of our Growth of
our management joint ventures &
businesses
traditional partnerships
businesses

Growth of our traditional

businesses

• Consolidation
• Organic growth
• Mixed tenure
• Drive effectiveness
• Innovate to improve

Growth of our
management businesses

• Management contracting
• Working in partnership with others
• Winning new work

Growth of joint ventures

• Housebuilders/Developers
• Landowners
• Investors/Funders
• Public Sector
• Project Specific
• Strategic Partnering





Only 40% of JV’s succeed
past 5 years…

Successful joint ventures …

“Keep your
friends close
But your
enemies closer”

Successful joint ventures …

• TRUST
• Commonality of interest
• Shared and clear objectives
• Complementary resources & expertise
• Pari Passu
• Shared risk & reward

Deadlock Provision …

“Affairs are easier of entrance than
of exit; and it is but common
prudence to see our way out
before we venture in”

Aesop

“Nothing ventured, nothing gained.
And (joint) venture belongs to the
adventurous”

Navjot Singh Sidhu


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