Perspectives on a greater partnership between education and business/industry are offered. The goal of this partnership is to achieve educational excellence. To accomplish this, greater participation of business and industry in the universities' educational preparation programs is needed. It is necessary to define role responsibilities for a mutually beneficial and functional relationship, plan specific strategies whereby various role responsibilities result in desired outcomes, develop sample application models that support the partnership philosophy, and evaluate by applying relevant criteria. Dimensions of the partnership need to be negotiated, including fiscal support, material/equipment, personnel resources, staff development, research and development, and handling new information. The planning process for a productive partnership would involve developing: a philosophical base for the agreement, parameters of the relationship, general goals, role responsibilities, and an action plan. Implementing the plan and applying evaluation criteria complete the process. It is emphasized that the excellence needed to improve education depends on a greater partnership with business and industry. (SW)