Save money and improve efficiency with a strategic alliance

Description

Abstract: Having to do more — a lot more — with less is almost every nonprofit’s biggest challenge these days. One of the best ways to meet this challenge is by doubling up, or forming a strategic alliance with another nonprofit, government entity or for-profit company. These impermanent alliances can help slash expenses and introduce new perspectives, but both groups need to consider many issues, including fundamental values, before joining forces.. A sidebar discusses “the tool of last resort” — a legal merger.