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New resources help nonprofit boards examine strategic alliances, collaboration
Publication year - 2017
Publication title -
nonprofit business advisor
Language(s) - English
Resource type - Journals
eISSN - 1949-3193
pISSN - 1531-5428
DOI - 10.1002/nba.30315
Subject(s) - restructuring , blueprint , consolidation (business) , business , strategic planning , alliance , public relations , work (physics) , strategic alliance , strategic partnership , marketing , political science , business administration , finance , engineering , mechanical engineering , law
A coalition of leading nonprofits has launched a new campaign aimed at guiding charities through the process of exploring strategic alliances and collaborative restructuring. The campaign, dubbed The Power of Possibility, was developed by BoardSource, the Bridgespan Group, MAP for Nonprofits and several other partners, with the goal of demonstrating how such alliances can be leveraged to amplify nonprofit impact. The campaign showcases several successful strategic alliances and restructuring—such as joint programming, administrative consolidation and mergers—and provides a blueprint for nonprofit boards to follow as they consider whether a strategic alliance or restructuring could help them advance their organization's work.