Role of Business Partnerships - Essay Example

Some examples of successful business partnerships include Google co-founders Sergey Brin and Larry Page, and Ben & Jerry's (RALLI, 2013). Another example is provided by Kalundborg Symbiosis of Denmark, which is a public-private alliance that transforms waste materials generated by its member firms into materials of raw production suitable for use by other companies. Over time, Kalundborg Symbiosis has developed partnerships with nine companies some of which include Inbicon, Novo Nordisk, Novozymes, Gyproc, DONG Energy, and RGS 90 (Turiera and Cros, 2013, p. 9). One way in which this partnership yields beneficial outcomes is Gyproc’s use of gypsum waste produced by Kalundborg Symbiosis during flue gas’s desulfuration to manufacture gypsum board to be used in the construction industry. Each of these partnerships has paved the way for the development of pioneering services and products and has generated examples of some of the most successful businesses in modern times. Developing successful business partnerships demands dedication, commitment, and patience on the part of all parties involved. “Even when two people are a perfect fit, there are going to be times when someone needs to speak up and say something difficult (in this case, "I don't want to share an office with you")” (Eisner, 2010).