Indigenous Partnerships - Creating an Indigenous-Owned Commercial Organization
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Indigenous Partnerships - Creating an Indigenous-Owned Commercial Organization
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About this listen
There is incredible opportunity to build long-term, meaningful relationships that foster things like innovation, inclusion, and shared business success. Having a seat at the table to contribute to significant decisions around the business and its strategic direction and investments. The most important things are economic sustainability.
Organizations need to align values, but the challenge of creating a great relationship is that it takes time to build and cultivate a relationship. Creating an Indigenous business is not just about economic growth but also building something meaningful. Christine and Brendan discuss developing a business and a partnership that aligns values and strategic direction.
NBISIING Power is in a unique position to support the Nation business and the Nation partnerships.
The energy sector has always been the lead in networking. While supporting customer’s strategic objectives related to Indigenous procurement and capacity building in Ontario and Canada, NBISIING Power also provides an Indigenous-owned and -led opportunity for both customers and vendors to do business with.
When organizations support Indigenous business growth and procurement, NBISIING Power provides that solution. In all of this providing support while at the same time diversifying their offerings that they bring to their customers and vendors having an Indigenous partner.
The vision speaks loudly of balance and economic independence.to understand the diversity opportunity that the potential business can create. This reminds us of the capacity, clarity, and certainty we discussed in Season 1.
Key Takeaways:
- First Nation Communities must have good leadership and internal structure in their business development and management.
- The communications and exchange of business and sourcing plans will contribute to the successes of Indigenous Partnerships.
- The energy sector developments are changing the opportunities for business to develop and the opportunity for mutual growth, economic development, and equity ownership in the communities to create wealth.
- Strategic planning and organizational structure as well as community values help create the balance in Indigenous Businesses.
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