Complex deals: What can the Pont du Gard teach us about business partnerships?

Pont du Gard, Nimes, France

Pont du Gard, Nimes, France

As a symbol of the Roman’s engineering prowess, the Pont du Gard, completed in 18 B.C., is protected today as a UNESCO World Heritage site. From its perfectly proportioned piers to its two tiers of symmetrical arches, the bridge reminds us of how detailed, innovative and organized the Romans were. Considering the century, the hierarchy of partners and players it took to collaborate and coordinate the design, engineering and construction is quite remarkable. Involved were Roman officials, architects, mathematicians, engineers, surveyors, militia and laborers.

Complex deals: What can the Pont du Gard teach us about business partnerships?

In the development of any relationship, timing is important – agreeing on vision, knowing when to question, when to listen, when to sell, when to push, when to step aside or when to just wait for better timing. When the business partnership involves more than two entities or a single transaction of assets and becomes complex with multiple partners each bringing a different value/asset to the collaboration, then timing becomes ultra critical. In fact, a chess game analogy and visual might have been more informative than the Pont du Gard, but let’s press forward anyway.  Add to the mix both public and private partners and you now have a new level of politicking with which to contend as well.

One such complex partnership comes to mind. The entire deal or project as it were, took more than two years of development. It began as a simple 1:1 entity discussion, but quickly expanded when the potential for greater value thru the combined efforts of both partners became apparent. You see, one partner represented a network of member organizations, which all shared similar challenges that could be solved by the services of the other original partner. The situation quickly went from a 1:1 relationship to a 1 to “many,” which is a great way to grow and scale a business, of course. However, creating a collaboration with more than two entities starts ratcheting up the cost and complexity factor. In this particular case study, the network partner wanted to broaden its reach and create more value for its members. So, it lobbied and invited support from new stakeholders who shared the same vision, including government agencies, to the collaboration table to help with the cost and sweeten the quality of the deliverable for everyone involved. Rather than the group of partners deciding to move forward together with a unified agreement however, each entity required its own set of terms which meant separate agreements. Based on political hierarchy, agreements ended up being staggered as one partner would wait for a more “senior” partner to sign off on the collaboration before committing. Eventually, with some of the key anchor agreements in place, the development of the collaboration began.

This project remains in development as of this posting so I have no results to share with you today, except to say that while complex partnerships are a lot of work for all parties and take a lot more time and patience, a shared vision may be the single most important element – basically, it’s the glue that holds it together and propels it forward.

Share a complex partnership you’ve experienced.

Part of a series: Causeways-business insight from the world’s most celebrated bridges
©2016, All rights reserved / www.karenwinston.com
To be clear, you do not have permission to take material from my blog and run it on yours.

Making accommodations: What can the Coronado Bridge teach us?

coronado bridge

Making accommodations: Coronado Bridge, San Diego, CA

San Diego, CA is the home of one of the largest U.S. Naval bases with 13 piers stretched over 977 acres of land and 326 acres of water. As a primary port for the Asia/Pacific region, the Navy has always had a very strong voice in public projects in San Diego that might impact the nation’s ability to defend and protect from outside attack. The approval for construction of the Coronado Bridge that connects San Diego to Coronado Island was under fierce debate between the Navy, policy makers and public for more than 40 years before it was finally supported in 1964 and completed in 1969. Initially, the obstacle was the U.S. Navy’s concern that in the event of an earthquake or enemy attack, the possible collapse of the bridge would cut off the Navy’s ability to leave San Diego Bay to do its work. By the 1950s, the Navy came around in its thinking and supported the bridge, but wanted accommodations made in the height to allow 200 feet of clearance for ships operating out of the Naval base. To achieve this clearance and avoid a steep grade, the bridge length was increased by taking a curved path, rather than a direct linear one to Coronado. By completion in August 1969, the bridge was 11,179-foot-long (3,407 m or 2.1 mi) with a 4.67 percent grade before curving 80 degrees toward San Diego from Coronado.

Making accommodations: What can the Coronado Bridge teach us?

Of all the bridges, this story perhaps most closely resembles the true nature of developing a business partnership–seldom a straight line; usually taking several twists and turns. It represents more than a compromise, which does often happen when coming to an agreement in a new relationship. Instead, it’s an accommodation made by the more advantaged partner (usually at some cost), in order to sweeten the arrangement for the other to agree.

I recall one specific partnership in which I had to broaden the targeted audience beyond my enterprise’s core constituency in order to support the interests and participation of the target partner. This meant developing a tangential business relationship to gain market distribution to the new audience. And, as you might imagine, there was an accommodation required by the tangential partner before acquiescing, which included a discounted price point. With agreements in place, a customized marketing communications plan was developed and executed, along with agreed upon metrics to track results for ROI reporting back to the initial partner. The results the first year were less than stellar, but the continued growth of the audience in the long term was seen as an added value to my enterprise’s overall objectives.

Part of a series: Causeways-business insight from the world’s most celebrated bridges

©2016, All rights reserved / www.karenwinston.com

To be clear, you do not have permission to take material from my blog and run it on yours.

Shared vision: San Francisco Golden Gate and public-private partnerships

Golden Gate Bridge

Shared vision: Golden Gate, San Francisco, CA USA

During the Great Depression, the world’s then longest suspension bridge (4200 feet) was constructed to connect San Francisco to Marin County. To finance the bridge, six counties agreed to collectively take out a $35 million bond that would later be repaid through bridge tolls. As part of the bond, residents would be required to put their homes, farms and businesses up as collateral to support the bond and building of the bridge. The citizens voted 3 to 1 in favor of the bond, demonstrating their desire and faith in the project. The Golden Gate opened to pedestrians on May 27, 1937 and to cars the following day, May 28.

Can you imagine trying to get agreement from six counties and thousands of residents in an era of great financial hardship with much fewer means of communication than we have at our fingertips today?

The Golden Gate holds a special place in my memories. I grew up in Marin County and the bridge has and always will be a symbol of my passage from childhood to adulthood. After high school, I left Marin, crossed the Golden Gate and entered UC San Diego to start my adult life. While I still have family in Marin and two sons in San Francisco, I’ve never moved back home, but love to visit and marvel every time I see or cross the Golden Gate.

What does the Golden Gate teach us about public-private partnerships?

  • Create a shared  and compelling vision
  • Carefully consider all the various constituents who have a stake in the project’s success or failure and understand how the result will affect them – both real and sometimes imagined.
  • Have patient, ongoing discussions to bring each stakeholder into the shared vision and mission for the project, recognizing that it’s a process that may take years
  • Openly acknowledge the important financial, technical and operational risk that each stakeholder is assuming with the project
  • Listen, listen, listen and understand all points of view
  • Respond in a tangible way that says “your voice was heard and we listened”
  • Bring different groups of stakeholders together to build mindshare and trust
  • Develop community engagement thru town hall meetings, design reviews, ongoing communiqués and positive news stories and interviews

Tell us about one of your public-private partnership experiences.

Part of a series: Causeways-business insight from the world’s most celebrated bridges
©2016, All rights reserved / www.karenwinston.com
To be clear, you do not have permission to take material from my blog and run it on yours.