About Public-Private Partnership, what do we need to know about this program? Why is it important? Why does it give so much significant to our socio-economy and education system? What are the outputs and outcomes expected from this kind of relationship? and How does it shape a society?
For any partnership to happen, it is crucial to ensure that it is a win-win situation. It must always be. It cannot be done if one partner is trying to take advantage while expecting the other end just to contribute. It should be of give-and-take nature of which in fact, it is not that easy to define and satisfy both parties involved. Especially if one party is expecting too much from its partner without considering much on what services or goods they can give in return. However, it could be easily agreed upon when both parties have their mutual and respective interests that each of them can provide something the other end needed the most and they can get their needs in return.
I do met a couple of private institutions that are expecting very much from the public agencies where as they do not have much to give in return. I had to negotiate at a quite difficult level to harmonize the tense for the agreement to happen. But somehow, if the win-win situation could not happen, partnership would also be hard to materialize. And this can happen vice versa.
In line with the needs for our education system to be able to produce graduates that can fulfill the needs of the industry, Public-Private Partnership is indeed a very important strategic plan to perform. And because the outcry of the needs for our graduates to fit in the market, public agencies and higher learning institutions need to listen to the challenges, issues and opportunities that the private institutions are offering.
Basically, a Public-Private Partnership Program should consists actions that can be delivered from both parties. As per Figure 1 is suggesting, those are the elements that can be agreed upon when dealing with a Public-Private Partnership Program. The elements should be able to define the win-win situations for both parties.
These are to name a few.
(1) Capacity Building. The term Capacity Building was first used by the United Nations in 1970s in their efforts of offering guidance to the staff and governance (Coastal Wiki, 2020). The term has been used ever since to show of similar activities of supporting and providing organisational employees for additional knowledge and skills in their job delivery. With recent purview on the importance of economy-oriented employability, the motion of capacity building will always stay relevant for a long-term employment sustainability and nation growth.
(2) Expert Sharing. To meet the aim of supplying our graduates that can fit the industry needs, we can define expert sharing in one of our strategic plans. Through this activity, we can always invite the expert or the practitioners to share their knowledge and experience with the students while they are still undergraduate. Regardless of what level their certification would be. Expert sharing session can always give a great insight to the students on the life they are going to face once they have completed their studies and the choices they need to do in order to establish their career pathway.
(3) Tools/ Equipment Exchange. More than often, the private institutions are usually the parties that may contribute to the provision of tools and equipment for the trainees to perform practical credits. Usually, the kind of tools contributed are of used materials which are still in good condition but not for market anymore rather suitable for training purposes. However, there might be situations that the private might need some tools from the public agencies too that this action is workable for both sides.
(4) Skills Training. Similar to capacity building, skills training are specifically designed to up-skill and re-skill existing employees with new technology competencies and economy knowledge. It can be performed for both in-house employees training and undergraduate students. The public agencies might need the private institutions to provide them with the latest trend in technology transfer and working approaches while the private institutions will get a better graduate with market ready when they already embed this element in the training/ learning syllabi.
(5) Advisory/ Consultation Sessions. This is an enrichment action besides the skills training or the equipment exchange that public agencies need to be fed by private institutions. The private organisations are in constant change of the latest market trend, economy downturn and technology changes that they need to advice the public agencies and governance on the strengths and opportunities that can be tackled by both parties. This activity can be done by appointment of specific committees or task force.
(6) Vocational Development. It is always understood that for a course of study, at the end of the program, the aim is to get employed and help to the growth of the nation. The vocations offered are upon the market development within a nation or region. Hence, it is crucial for the public agencies to learn on the kind of the right vocations to offer at higher learning and training institutions so that the graduates will be able to fit in the market once they have completed their studies.
All in all. Public-Private Partnership is just one aspect to look at the whole society and cultural development and the effects to the economic growth. Learning institutions and public agencies are no longer to be of traditional places for seeking knowledge but to move dynamically to how the world has also changed the landscape of future jobs, quality of graduates and demand on the workforce.
 The Capacity Building Concept, “http://www.coastalwiki.org/wiki/The_Capacity_Building_Concept“, Coastal Wiki, last edited 7th December 2019.