Public-Private Partnerships: Interorganizational Design as Key Success Factor

Public-Private Partnership (PPP), as a current topic in theory and practice, has mostly been treated from the perspective of legislation and recognized by classical macroeconomic paradigm. The aim of this paper is to open a new aspect of dealing with this topic, both organizational and managerial. T...

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Main Authors: Mirjana Petković, Dubravka Djedović–Nègre, Jelena Lukić
Format: Article
Language:English
Published: University of Belgrade, Faculty of Organisational Sciences 2015-02-01
Series:Management
Online Access:http://management.fon.bg.ac.rs/index.php/mng/article/view/55
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author Mirjana Petković
Dubravka Djedović–Nègre
Jelena Lukić
author_facet Mirjana Petković
Dubravka Djedović–Nègre
Jelena Lukić
author_sort Mirjana Petković
collection DOAJ
description Public-Private Partnership (PPP), as a current topic in theory and practice, has mostly been treated from the perspective of legislation and recognized by classical macroeconomic paradigm. The aim of this paper is to open a new aspect of dealing with this topic, both organizational and managerial. The paper underlines the importance of organizational design in a PPP, because experience has shown that without strong organization, coordination, defined rules and principles, there is no successful outcome and initiatives amount to a failed attempt. This is why interorganizational relations require well defined organizational architecture where it is clearly determined who, what, how and by when needs to deliver. In a PPP, this is achieved through a contractual framework and the creation of a special purpose company (SPC). The paper also affirms a new managerial position - PPP Manager - that apart from the general managerial skills and knowledge needs to be specialised in managing PPPs.
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spelling doaj.art-e45e799c65fb4a0bb36b250b7dc3c7042022-12-22T01:37:21ZengUniversity of Belgrade, Faculty of Organisational SciencesManagement1820-02222406-06582015-02-01207711155Public-Private Partnerships: Interorganizational Design as Key Success FactorMirjana Petković0Dubravka Djedović–Nègre1Jelena Lukić2University of Belgrade, Faculty of EconomicsEuropean Investment Bank (EIB)Parallel d.o.o.Public-Private Partnership (PPP), as a current topic in theory and practice, has mostly been treated from the perspective of legislation and recognized by classical macroeconomic paradigm. The aim of this paper is to open a new aspect of dealing with this topic, both organizational and managerial. The paper underlines the importance of organizational design in a PPP, because experience has shown that without strong organization, coordination, defined rules and principles, there is no successful outcome and initiatives amount to a failed attempt. This is why interorganizational relations require well defined organizational architecture where it is clearly determined who, what, how and by when needs to deliver. In a PPP, this is achieved through a contractual framework and the creation of a special purpose company (SPC). The paper also affirms a new managerial position - PPP Manager - that apart from the general managerial skills and knowledge needs to be specialised in managing PPPs.http://management.fon.bg.ac.rs/index.php/mng/article/view/55
spellingShingle Mirjana Petković
Dubravka Djedović–Nègre
Jelena Lukić
Public-Private Partnerships: Interorganizational Design as Key Success Factor
Management
title Public-Private Partnerships: Interorganizational Design as Key Success Factor
title_full Public-Private Partnerships: Interorganizational Design as Key Success Factor
title_fullStr Public-Private Partnerships: Interorganizational Design as Key Success Factor
title_full_unstemmed Public-Private Partnerships: Interorganizational Design as Key Success Factor
title_short Public-Private Partnerships: Interorganizational Design as Key Success Factor
title_sort public private partnerships interorganizational design as key success factor
url http://management.fon.bg.ac.rs/index.php/mng/article/view/55
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AT dubravkadjedovicnegre publicprivatepartnershipsinterorganizationaldesignaskeysuccessfactor
AT jelenalukic publicprivatepartnershipsinterorganizationaldesignaskeysuccessfactor