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Public sector partnerships can be an effective way to beat the downturn. This is the view of two articles appearing in the latest edition of Public Money and Management.
Cuts, collaboration and creativity by Vivien Lowndes and Sharon Squires looks at how the public, private, voluntary and community sectors can work together to provide more resources and more ideas for local areas. At the turn of the century this collaboration was mandated and special funding streams were available as incentives, the article identifies the modern challenge as ‘mainstreaming’ partnership now that this collaboration and funding have finished.
The article looks in depth at Sheffield and finds that there are a number of benefits, but also potential pitfalls, to this kind of collaboration. It concludes that difficult conversations around accountability and leadership need to be tackled head-on and that ‘special people’ who make partnerships work need to be identified and fostered to ensure successful outcomes.
The second article commercialisation partnerships as an enabler of UK public sector innovation by Magnus Schoeman, David Baxter, Keith Goffin and Pietro Micheli, examines the potential for private sector organisations to contribute to public sector innovation.
It finds that the success of these commercialisation partnerships depends on the public sector’s capacity to address barriers of awareness, lack of skills and organisational culture. Success will also depend on the private sector’s willingness to be flexible around contractual arrangements, sharing skills and sharing expertise.
Contact: Tim Windle
CIPFA Press Office
t 0207 543 5600
Notes to Editors:
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services. This includes the development of local professional qualifications in African countries like Lesotho and Nigeria and in Europe in post conflict states in the Balkans.