Public Private Partnerships
Against a background of limited government resources and expertise, innovative partnerships that bring together business (the private sector), government (Public) and civil society actors are increasingly being promoted as a mechanism for improving productivity and driving growth in the economy and food sectors around the world. Commonly referred to as public–private partnerships (PPPs), these initiatives are common in sectors such as infrastructure, health and education, and its application in the agriculture sector is relatively new.
PPP explores the full range of private sector management, commercial and creative skills. In order to stress these aspects of a PPP relationship, theoretical justifications for public-private partnerships in terms of an incomplete contracting framework. Private participation is a natural outcome in those circumstances where it is difficult for the public sector to write complete contracts due to unforeseen contingencies. As contracts are incomplete, making investments subject to hold up, ownership should reside with the party that cares most about the project.
“The country needs and, unless I mistake its temper, the country demands bold, persistent experimentation. It is common sense to take a method and try it: If it fails, admit it frankly and try another. But above all, try something. The millions who are in want will not stand by silently forever while the things to satisfy their needs are within easy reach.” Franklin D. Roosevelt, May 22, 1932
Public-private partnerships (PPPs) and shared-value partnerships are increasingly being used as strategies to address significant public policy challenges. But, what makes a complex public policy problem ripe for a strategic multi-stakeholder solution? This training workshop in PPPs will examine how governments are partnering with for-profit and non-profit organizations, shaping public policy, redefining traditional methods of public administration, and solving some of the world’s most intractable problems at the same time.
The focus of this course will be on participants from public and private institutions. The group of participants from the public institutions will ideally be a combination of employees from sector agencies, which will have perspectives on infrastructure needs and employees from central agencies such as government departments and such as the Ministry of Finance where focus will be on issues as government financial and legal liabilities and cash flows in relation to PPPs. The private sector participants will typically come from private companies or business member organisations.
Upon completing this workshop, the delegates should be able to:
- Understand the role public-private partnerships and shared-value partnerships play as a tool for policy makers
- Examine the benefits to corporate and NGO partners that is the exposure to new markets, revenue generation, positive public relations, sustainable supply chains; leveraging limited resources) in public-private partnerships and shared-value partnerships
- Have working knowledge of a conceptual framework for the formation and management of multi-stakeholder partnerships.
- Distinguish between revenue-generating PPP’s and partnerships designed to achieve public policy-related goals (shared-value) and to make recommendations and/or decisions based on different stakeholder priorities.
- Identify the characteristics of successful partnership strategies, deepen delegate knowledge of best practices for governments, NGOs and the private sector.
- Articulate successful measurement tools to increase success and accountability