INSIGHTS
The Driving Forces Behind Nonprofit Mergers & Affiliations and Why Leaders Should Address Them
As organizations navigate the external forces and internal disruptors that are impacting and shaping each sector, we are seeing the pace of mergers and affiliations (M&A) accelerating with no signs of slowing.
While some organizations are being forced to consider M&A as a strategy for survival, others are embracing it as an opportunity to better serve their clients, build upon the beneficial work they are already doing, expand their reach geographically, and offer more to their employees.
Most nonprofit leaders today are aware of the forces driving mergers and affiliations, but any decision on what force or forces to address can’t be made without understanding how the organization(s) may benefit.
How to Talk with Your Nonprofit Board About Mergers and Affiliations
Making the decision to explore a nonprofit merger and affiliation can feel challenging enough. However, once that decision is made, it’s time to approach your Board of Directors. As nonprofit merger and affiliation consultants, we are hearing more and more from CEO’s and Executive Directors that want to know where and how to begin. Learn how to get started and what to do along the way.
3 Challenges to Address Today to Ensure a Better Tomorrow
During a time of sweeping change, an organizations ability to evolve is often what will determine whether it can achieve long-term sustainability.
Today, this evolution begins with being prepared and responding to the predominant challenges brought forth by the widespread workforce crisis, the evolution of business models, and the rising level of competition.
3 Often Overlooked Predictors of Nonprofit Collaboration Success
Quite often, the intrinsic value of a nonprofit partnership and the success of a deal can come down to the intangibles related to human behavior and character. While these factors may not be explicitly stated, they are often the undertone of meetings and discussions about building partnerships and planning for the future.
The Top 3 Trends Leaders are Chasing
During the past year we have been pushed into adopting technologies and digitalizing organizations faster than most thought was possible. But beyond the scramble into a more digital world, comes a level of disruption caused by the evolution of business models. The leaders and organizations that are experiencing success are capitalizing on market trends and disruption, focusing on three areas.
The Convergence
With everything converging through more advanced technological capabilities, nonprofits need to be strategically prepared to operate and remain relevant in a more tech savvy world. As an organization looking to evolve and take advantage of the convergence, our nonprofit consultants offer three factors to consider.