"All good things must come to an end, but all bad things can continue forever." - Philip K. Dick
📖 Read: What is part of the Exit stage?
📖 Read: Why is it important to plan for concluding partnerships?
By planning for the exit and defining the triggers that will lead to the exit of the collaborative relationships, you often strengthen the partnership by adding an extra layer of transparency towards your expectations for the partnership.
Planning for the moment and implementing exit strategies is part of every professional partnership. An exit strategy is a plan for minimizing potential negative effects and allowing organizations to move forward positively. This step is important for ensuring the organization is prepared for any potential challenges or issues that may arise during the partnership. Having defined guidelines for disengagement can increase engagement throughout the relationship’s lifetime.