Critical Success Factors and Benefits of Corporate–Education Partnerships
Regis University in Denver, Colorado, launched its first corporate partnership in 1987. The University has since developed two additional partnerships with very disparate industries. The three companies encompass a wide range of needs and cultures. The process of beginning and maintaining cross-cultural partnerships is dynamic and challenging. Mary Lou Nugent draws on her personal experience as Director of the partnership between Coors Brewing Company and Regis University to highlight and discuss critical elements in the successful development of a corporate–academic partnership, and points up the substantial benefits accruing from the relationship. She also indicates how the original Coors partnership provided Regis with a model on which to base the development of the two relationships subsequently established with Storage Technology Corporation and AT&T.