FAQs
What is Strategic Restructuring?
Strategic restructuring is a tool available to nonprofit organizations interested in meeting environmental challenges, addressing organizational problems, strengthening services, and better accomplishing their mission. Strategic restructuring is a continuum of partnerships — including but not limited to mergers, joint ventures, administrative consolidations, joint programming and MSO’s — through which nonprofits attempt to anticipate or respond to environmental threats and opportunities. These partnerships are differentiated from collaboration in that they involve a change in the locus of control of at least a portion of one or more of the organizations involved.
The Partnership Matrix
The FAQs below cover topics ranging from how to decide if your organization is ready for strategic restructuring, to thoughts on how to handle the inevitable difficult moments in a negotiation process, to the role of boards and executives during implementation. If you would like to see tips on a particular topic or have a question you would like answered, contact us today.
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