Partnerships are a fantastic way for any organisation, either in the voluntary or private sector, to broaden a proposition in the market and widen commercial activity; However, like any venture this is not without risk. So, the key is to take steps to:
1. Understand what the risk is
2. Mitigate and manage that risk through appropriate controls and governance
For our charitable and voluntary organisation client we created a governance programme that the voluntary sector can use to support their activities.