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Providing strategic advice on expansion structures November 16, 2018

Founded in Bondi Beach in 2012, Bailey Nelson has rapidly grown into a global eyewear retailer and service provider with boutiques in Australia, London, Canada and New Zealand. The strong demand for their products and … Continued

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Diverse and inclusive: Maddocks recognised for gender equality February 25, 2020

25 February 2020 Maddocks has been recognised for the 16th consecutive year for its work in creating a workplace that provides opportunities for all of its employees. Maddocks received an Employer of Choice for Gender … Continued

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Coronavirus/COVID-19: What should Australian employers be thinking about? February 27, 2020

Reporting about the spread of COVID-19 over the past few days has caused increased anxiety for many organisations and their employees. It is timely to review your planning and consider how you might respond if … Continued

Constructing for the future: Part three

In our third and final post in our SOUL conference 2018 series, ‘Constructing for the future -creating a community through innovative procurement method’, we will be looking at engagement with the community.

Innovation, collaboration and engagement are buzz words and there are an infinite amount of possibilities to achieve those things, but using legal structures in different ways is a way to achieve and enhance collaboration, provide innovative solutions to problems and allow for better engagement with the community.  These options can also add to the university revenue stream whilst enhancing collaboration and engagement with business, industry and the wider community.

Engagement with the community – how can it be done?

There are many options available to universities to better engage or enhance engagement with the community. These include:

  • Strategic co-location with the private sector – This is more than just the university taking a tenancy in a private sector building or vice versa, it is planned, intentional and strategic co-location. This is a very well developed trend in the United States, where a number of very large corporations including Facebook and Google have openly confirmed that their locations have been dictated by the location of university R&D campuses, whether it be Boston (Harvard) or Silicon Valley (Stanford).
  • Private Public Partnership (PPP) models – The PPP model is an example of how partnerships with the private sector for built infrastructure can result in a better, more efficient and effective asset and ensure that university resources are not diverted to things that are not its core objectives, such as student accommodation.
  • Making university spaces available for community use – Engagement with the community can be as simple as allowing the community to use or designing a space or area within the university precinct designed from the outset with that very purpose and intention in mind.
  • Community precinct planning – Partnerships with local and State Governments to co-develop precincts and broader community areas. This can include options such a land swaps and funding initiatives.

All of these opportunities need to be well planned and considered from the outset, but considering  broader engagement with business, industry and the community can provide an immense opportunity for innovation, collaboration and engagement.

Author:
Simone Holding | Partner
61 3 9258 3858
Simone.Holding@maddocks.com.au
Author:
louisa-nuccitelli Louisa Nuccitelli | Senior Associate
61 3 9258 3591
Louisa.Nuccitelli@maddocks.com.au

In our third and final post in our SOUL conference 2018 series, ‘Constructing for the future -creating a community through innovative procurement method’, we will be looking at engagement with the community.

Innovation, collaboration and engagement are buzz words and there are an infinite amount of possibilities to achieve those things, but using legal structures in different ways is a way to achieve and enhance collaboration, provide innovative solutions to problems and allow for better engagement with the community.  These options can also add to the university revenue stream whilst enhancing collaboration and engagement with business, industry and the wider community.

Engagement with the community – how can it be done?

There are many options available to universities to better engage or enhance engagement with the community. These include:

  • Strategic co-location with the private sector – This is more than just the university taking a tenancy in a private sector building or vice versa, it is planned, intentional and strategic co-location. This is a very well developed trend in the United States, where a number of very large corporations including Facebook and Google have openly confirmed that their locations have been dictated by the location of university R&D campuses, whether it be Boston (Harvard) or Silicon Valley (Stanford).
  • Private Public Partnership (PPP) models – The PPP model is an example of how partnerships with the private sector for built infrastructure can result in a better, more efficient and effective asset and ensure that university resources are not diverted to things that are not its core objectives, such as student accommodation.
  • Making university spaces available for community use – Engagement with the community can be as simple as allowing the community to use or designing a space or area within the university precinct designed from the outset with that very purpose and intention in mind.
  • Community precinct planning – Partnerships with local and State Governments to co-develop precincts and broader community areas. This can include options such a land swaps and funding initiatives.

All of these opportunities need to be well planned and considered from the outset, but considering  broader engagement with business, industry and the community can provide an immense opportunity for innovation, collaboration and engagement.

Author:
Simone Holding | Partner
61 3 9258 3858
Simone.Holding@maddocks.com.au
Author:
louisa-nuccitelli Louisa Nuccitelli | Senior Associate
61 3 9258 3591
Louisa.Nuccitelli@maddocks.com.au