Details

Nonprofit Mergers and Alliances

2. Aufl.

von: Thomas A. McLaughlin
38,99 €
Verlag:	Wiley
Format:	PDF
Veröffentl.:	13.05.2010
ISBN/EAN:	9780470642443
Sprache:	englisch
Anzahl Seiten:	288

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Beschreibungen

Titelbeschreibung

Clear, practical, step-by-step guidance through the nonprofit merger process Using real-world examples, case studies, and enduring frameworks, Nonprofit Mergers and Alliances, Second Edition offers clear, practical, step-by-step guidance through the merger and alliance development process. From assessing feasibility and planning for implementation to post-merger integration, this ground-breaking work points out pitfalls and offers insightful commentary in every chapter. <ul> <li>Provides a comprehensive framework for designing and implementing effective collaborations of all kinds</li> <li>Offers the tools needed to effectively collaborate with potential partners</li> <li>Shows how nonprofit mergers are fundamentally different from for-profit mergers-and why board members need to know this</li> <li>Focuses on the needs of the nonprofit sector, including cultural compatibility and compassionate management practices</li> <li>Shows nonprofit managers and board members how to make their way through the merger process without repeating Wall Street's mistakes</li> </ul> Insightful and realistic, Nonprofit Mergers and Alliances, Second Edition equips you with the tools and knowledge you need to create effective collaborations.

Inhaltsverzeichnis

Acknowledgments xiii Introduction xv Chapter 1 A Valid Strategic Option for the Future 1 Government’s Retreat Chapter 2 The Freestanding Nonprofit and Other Rugged Individualists 5 Why Nonprofi t Services Are Fragmented: A Story A Nonprofi t’s Economics Are Part of Its Strategy Chapter 3 Logic of Integrated Service Delivery 17 Applications of Integrated Service Delivery Elements of Integration Chapter 4 Deciding to Collaborate 25 Rescue Mergers Merger from Strength Deciding to Collaborate as a Function of Larger Forces Chapter 5 Preserving Identity 33 Nonphysical Components of Organizational Identity What Is Not Part of “Identity”—and What Is Chapter 6 The Role of Funders 37 What Funders Can Do Funding Collaborations Models for Funding Collaborations Quality Assurance through Foundations Chapter 7 C.O.R.E. Continuum of Collaboration 47 Our Model Applying the C.O.R.E Chapter 8 Economic-Level Collaboration 53 Sharing Information Bidding Jointly Joint Purchasing Chapter 9 Responsibility-Level Collaboration 57 “Circuit Riders” High-Integration Collaboration Models A Cautionary Note Chapter 10 Operations-Level Collaboration 61 Shared Training Joint Programming Joint Quality Standards Chapter 11 Corporate-Level Collaboration: Merger 65 Authority Is Concentrated Offi cial Start Dates May Be Anticlimactic What It Means to Merge The Essence of a Nonprofi t Merger Advantages and Disadvantages of a Merger Chapter 12 Models of Collaboration: Merger by Management Company 83 Structure Control and Governance Advantages of a Management Company Disadvantages of a Management Company Faulty Integration in a Management Company Model Chapter 13 Models of Collaboration: Alliances 93 Structure Chapter 14 Models of Collaboration: Partnerships with and between Nonprofits 99 Structure Control and Governance Special Considerations Partnerships with For-Profi t Companies Limited Liability Companies Chapter 15 Merger Myths 107 We Will Save Administrative Costs There Will Be Massive Job Cuts We Will Lose Our Identity Let Us Figure Out the Structure First Shhh Only Failing Organizations Merge Increase in Mergers Is a Product of an Economic Downturn Chapter 16 First Steps 113 Geographic Proximity Absence of a Permanent CEO Nonoverlapping Markets Industrializers and Prototypers Compatibility of Services Special Assets Role of Culture Role of Class Quick Culture Check Building Trust Seeds of Trust: Disclosure, Consultation, and Collaboration Chapter 17 Merger or Alliance? How to Decide 131 Corporate Control Chapter 18 First Phase of a Merger: Feasibility Assessment 147 Informal Phase of a Collaboration Role of Consultants Form a Collaboration Committee Why Due Diligence? What Is a Due Diligence Investigation? Governance Finances Assets Liabilities and Obligations Some Financial Red Flags Valuations Carrying Out the Valuation Pro Forma Financials, Including Cash Flows Regulatory Filings Human Resources Information Assess the Feasibility Chapter 19 Second Phase of a Merger: Implementation Planning 175 Form Subcommittees of the Collaboration Committee Internal Communication External Communication Some Sample Collaboration Committee Structures Who Will Be the Boss? Some Tools to Accomplish a Leadership Transition Once the Selection Is Made . . . Creating the Formal Agreement Merger Announcement (Create a Splash) Chapter 20 Third Phase of a Merger: Integration 205 Time Required for Integration Common Sources of Resistance Chapter 21 The Seven Stages of Alliance Development 219 Categories of Alliances Seven Tasks of Alliance Development Task One: Initiate, Explore, and Analyze Task Two: Synthesize and Plan Task Three: Establish Shared Objectives Task Four: Develop Working Committee Structure Task Five: Gain Quick Victories Task Six: Secure Institutionalize Buy-in Task Seven: Implement and Evaluate Chapter 22 Postscript and Conclusion 251 About the Author 253 Index 255

Autorenportrait

THOMAS A. MCLAUGHLIN is Vice President for Consulting Services for the Nonprofit Finance Fund, a national leader in financing nonprofits, strengthening their financial health, and improving their capacity to serve their communities. He is nationally recognized as an expert in nonprofit mergers and alliances, having consulted nonprofits in over 200 such collaborations. He is contributing editor for the Nonprofit Times, for which he writes a monthly column, and is the author of Streetsmart Financial Basics for Nonprofit Managers, Third Edition (Wiley). He is also a member of the faculty at the Heller School for Social Policy and Management at Brandeis University.

Back cover copy

NONPROFIT MERGERS & ALLIANCES SECOND EDITION If you're looking for a straightforward, authoritative—and reader-friendly—guide 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 everyone—nonprofit 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: <ul> <li>Why you should consider a merger or alliance before it's necessary</li> <li>The C.O.R.E.™ model, a merger/alliance analysis framework</li> <li>Why it's in your nonprofit's best interest to collaborate</li> <li>Nuts-and-bolts advice on partner selection</li> <li>Step-by-step guidance through merger and alliance processes</li> </ul> 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.