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Cornell's Office of Corporate Relations surveyed 30 U.S. research and
comprehensive universities. They were asked which companies worked most
effectively with their institutions, and what made those companies' interactions
so effective. Here are some findings:
They have a clear contact point, usually a campus
manager, an experienced team, are knowledgeable about the institution, have
developed programs with shared objectives, have an executive assigned, and
seek out campus interaction. Below are some of the strategies that distinguish
effective companies
Relationships are strongest where corporate representatives to universities
have been in their positions longest and where their companies have a continuing presence
on campus. Effective companies have active team members who come to campus regularly, speak
in classes, serve on advisory boards, fund relevant programs, and look for other
opportunities to relate.
Since universities have multiple entry points, coordination
can be a problem. Yet, the best and most productive partnerships begin with an
active recruiting program that involves colleges and units across the campus.
Many strong relationships revolve around active, highly
placed alumni. However, other relationships need to develop around this core
for companies to achieve long-term viability and presence.
Companies come to campus most often for recruiting purposes,
followed by research activities. But many companies delegate institutional
relationships to recruiting personnel, who are often in junior positions where
the turnover is high. Effective companies keep the same executives assigned to
university relations to ensure continuity.
Effective companies value universities for the expertise
they supply, and they cultivate the people who supply it as much as
they do their other key suppliers, of materials, components and services.
They think of universities as partners. They craft joint agendas, are open
in their communication, and are involved in research affiliate and
partner programs.
Effective companies make meaningful and targeted gifts
as part of a strong university- relations-building program. Some
companies make annual grants, fund scholarships, make periodic major gifts,
provide new equipment and software, and support the upgrading or construction
of laboratories and facilities.
Effective companies maintain an active dialogue with
career services staff, use young alumni as part of the team, get to
know students through internship and co-op programs, make an effort
to know faculty, and work toward mutually valuable research practices.
Effective companies have teams who are committed
to the university, beginning with a senior manager who makes and
keeps commitments. They show their support and interest many ways, always
assuring there is mutual benefit and satisfaction.
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