Mergers & Partnerships
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Use KrasnePlows to manage your entire merger process by:
- Assessing your organization's readiness through
implementing your integration plan - Building on past achievements and setting a clear direction for your future
- Creating a healthy partnership among
your combined board, staff and leadership
If you only want help with a part of your merger,
KrasnePlows can work with you to:
Assess your organizational readiness
- Confirm what you want to achieve
- Review your available resources
- Gauge how much risk you are willing to consider
Establish a merger committee to lead the process
- Help you identify the key players around the table
- Verify and facilitate your internal decision-making process
Evaluate partner fit
- Prepare the due diligence checklist
- Assess your potential partner's operational strength, fiscal health, management capabilities and funding diversification
Develop possible integration models
- Build governance, management and operational integration scenarios
- Create a transition plan budget(s)
Negotiate and reach mutual agreement
- Help identify the key decision-makers from each organization
- Strategize ways to help you reach the desired outcome
Develop an integration road map
- Create a transition checklist
- Determine who does what
- Help ensure the transition meets deadlines
and benchmarks, recalibrating as necessary
Convey the right messages to all your stakeholders throughout the process
- "Maintaining services levels"
- "Need for funding"
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