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Nonprofit Mergers and Alliances Hardcover – June 8, 2010
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If you're looking for a straightforward, authoritativeand reader-friendlyguide to mergers and alliances in the nonprofit world, Nonprofit Mergers and Alliances, Second Edition covers everything you need to know. From the context for nonprofit mergers and the forces that shape their use, to why failure to merge can be disastrous for everyonenonprofit merger expert and author Thomas McLaughlin guides you and your board members smoothly through the merger process.
Well-rounded and up to date, the Second Edition includes real-world examples and case studies, as well as clear, practical, step-by-step insight on:
Why you should consider a merger or alliance before it's necessary
The C.O.R.E. model, a merger/alliance analysis framework
Why it's in your nonprofit's best interest to collaborate
Nuts-and-bolts advice on partner selection
Step-by-step guidance through merger and alliance processes
Filled with easy-to-use checklists and analytical tables, Nonprofit Mergers and Alliances, Second Edition helps you monitor the entire merger and alliance process, make the right decisions, anticipate problems, and find solutions quickly to ensure the successful continuation of your organization's mission in the immediate future as well as for years to come.
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Top Customer Reviews
He does a good job of defining the importance of planning and how organizations should have clear understandings in advance of how they strategically benefit from merging. Due diligence is covered well as is the importance of establishing strong relationships between the executives of the partnering organizations. He also addresses board and funder involvement, noting that it is not unusual to have dissent, particularly at the board level. Finally, he discusses how organizations can handle different financial scenarios to increase the likelihood for merger success.
I was able to develop a detailed approach for my board on what to expect and how they should analyze potential partners and situations using the insights and examples he provides. It was the best resource I found on nonprofit mergers.