Ensuring long-term success

The importance of partnership in the asset transfer process does not end once the lease has been signed or the keys handed over. The relationships forged in the fire of asset transfer can have a lasting impact on the way the community sector and the statutory partners work together. This impact may only become apparent several years after the asset has been transferred, as a result of the key people in the different sectors having a greater awareness of each other's varying perspectives, and also having broadened their network of contacts.

If working in partnership with each other is embedded in the culture of the organisations involved, the asset transfer is more likely to succeed over the long-term. However, if only one or two people are effectively the driving force, that is likely to undermine the long-term sustainability of the project.