INSIGHTS
Making Mergers & Affiliations Part of Your Strategic Plan
The most challenging part of implementing nonprofit M&A as a strategic solution is that the relationship building process between organizations can often take time and success is not guaranteed. However, mergers and affiliations can be used to reach a level of scale that can’t be achieved organically, which may be a necessity to remain competitive, sustain payroll, address succession, or to improve an organization’s ability to meet the demands of those being served. Mergers are a vehicle that will allow leaders to fulfill their strategic needs at scale.
New Nonprofit Partnership Opportunity! Blue Skies Ahead?
Effective partnerships have always been critical to accelerating impact. On the other side, poor partnerships have drained significant resources, energy, and good will.
While many organizations focus on the legal aspects of forming partnerships, it is also critical to consider some of the softer issues necessary to identifying and developing effective relationships. Here are some of the issues and questions that you and your team should discuss before signing on the dotted line.
Ten Steps to Reinvigorating a Partnership Gone Bad
Nonprofit partnerships are wonderful when they work as intended. Great partnerships can help amplify your story, augment your capacity, accelerate impact, and much more.
But what about when they do not go as planned? Even when both parties have done their due diligence before signing on the dotted line, there are times that partnerships require renegotiating or unplanned, early closure.
While it may feel easier to let a not-so-great partnership to slowly fade, it's actually better in the long run to lead with a professional, proactive approach to addressing issues in a constructive way.
Follow our ten steps for reinvigorating a nonprofit partnership and get back on track today!
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.
Springwell and BayPath Announce Merger
Congratulations to our client Springwell & Baypath on their nonprofit merger announcement.
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.
