This paper presents ideas for creating, replicating, and improving the quality of business-school partnerships. Information is derived from an in-depth case study of the Adopt-A-School program in Memphis, Tennessee, and related data collected from Chicago, New York, Salt Lake City, and Boston. An introduction analyzes negative and positive reactions to increasing school-business collaboration, including the fear that corporate involvement in public education may distort educational goals. The next section outlines partnership formation, with a discussion of necessary conditions for change; describes program features in the five cities studies; cites the mutual benefits achieved by a particular school and corporation; and discusses other related issues. A management model is presented for beginning partnerships and the three complementary themes characteristic of successful partnerships are discussed. (These themes are personal involvement of top level executives, networking, and systematic management.) Boston's public-private partnership, the "Boston Compact," is detailed at length. Two concluding sections examine employment policy implications and directions for further study. An appendix lists interviews conducted in the course of preparing this report. (KH)