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Mergers, Strategic Alliances and Collaborations to Sustain Programs

Tuesday, May 5Wednesday, May 6
Workshop Code MA1
9am — noon
Sharon Historical Society
18 Main Street, Sharon, CT
Workshop Code MA3
9am — noon 
Henry A. Wallace Center at the
FDR Presidential Library and Home

4079 Albany Post Road, Hyde Park, NY
Workshop Code MA2
2pm — 5pm
Colonial Theatre
111 South Street, Pittsfield, MA
Workshop Code MA4
2pm — 5pm
Gateway to Entrepreneurial Tomorrows
280 Broadway, Newburgh, NY

Cost per participant:  $20

Many nonprofit leaders face tough choices in today’s economy, particularly as they wrestle with the question of how to maintain quality programs while resources dry up.  Merging or another type of strategic partnership might be the answer.  This session will clarify the range of alternatives available.  It will provide decision criteria to help executives determine whether a partnership strategy is a viable option for their organization and if so, which option has the greatest likelihood of success.

Workshop topics will include:

Mergers, Alliances, and Dissolution:  What They Can and Cannot DoTypes of strategic alliances, relative benefits and challenges of each, implications for the “acquiror” and “acquiree”
Organizational Diagnostic:  Selecting the Best Option
Financial condition, organizational leadership, organizational strengths and limitations, window of opportunity
Considerations for any Strategic Alliance
Organizational readines, partner characteristics, financial, managerial, and operational capabilities, programmatic alignment, cultural fit, board, management and funder roles and responsibilities
How to Proceed:  Case Examples
Merger
Sharing resources
Dissolution


KrasnePlows is a boutique consulting firm that specializes in mergers and partnerships, planning and restructuring, and leadership transitions.  Founded in 2003, they help clients make critical decisions to maximize their impact and remain financially sustainable.  They work as partners, combining clients’ deep program and organizational knowledge with their executive expertise and ability to apply business principles where most useful. KrasnePlows’ principals, Barbara Krasne and Judy Plows, offer a unique blend of executive perspective, results-orientation and objective viewpoint amassed from more than three decades in the nonprofit and for-profit sectors.

 
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