Featured ArticleHow To: Create Strategic PartnershipsWhen the very popular Success Magazine wanted to give their readers the best possible advice on how to create strategic partnerships, they interviewed BMC’s Co-Founder David Gage. After citing evidence of the advantages of having partners, they caution would-be partners: “But creating effective alliances is not always so easy. Partnerships gone wrong can lead to frustration, financial losses and even litigation, says David Gage, co-founder of business mediation firm BMC Associates, and author of The Partnership Charter: How To Start Out Right With Your New Business Partnership (or Fix The One You’re In)….”
As our company grew, the original partners found themselves increasingly at odds over the direction of the business, management styles, and values… While each partner looked to BMC to vindicate his position, BMC astutely recognized that the best chance for resolution would be on the basis of a viable and successful business. BMC thus focused on helping the partners craft an operating agreement and corporate restructuring to achieve this goal. That agreement allowed the company to prosper sufficiently over the next several years to interest a Fortune 500 firm, which ultimately acquired our company.
— Kenneth Clansky, co-founder, Ariel Research Corporation
Featured PrincipalDonna Hart Gage, Ph.D., R.N. Disciplines: Consultant and Mediator After successfully leading BMC’s healthcare practice, Dr. Gage has been appointed Chief Nursing Officer for the Veterans Health Administration (VHA) in Washington, DC. As the VA’s top nursing leader, she now oversees more than 80,000 nursing personnel at 152 hospitals and over 1,500 clinics nationwide. As a BMC Principal, she helped guide all aspects of BMC’s work in the healthcare field, including mediation and consultation to prevent and resolve conflicts in all types and sizes of healthcare systems. (See Focus on Health Systems, Institutions and Practices.)