Bob Harrington, Director of Strategic Restructuring with La Piana Associates
OK Radio host Lynne Norton speaks with Bob Harrington, Director of Strategic Restructuring with La Piana Associates a management consulting firm helping nonprofits. Bob shares the fundamentals of nonprofit mergers and acquisitions and the resulting impact upon organizations.
What are the first things that nonprofits are concerned with when exploring merging with another organization? What is the difference of an acquisition vs. a true merger and why would nonprofits want to do either in the first place? What is the role of human resources during a restructuring?
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Bob Harrington, MSW/LCSW, is the Director of La Piana Associates’ Strategic Restructuring Practice, where he has provided consulting services to the nonprofit sector for more than ten years. In his consulting, Bob draws on his extensive nonprofit management experience to assist nonprofits with strategic restructuring (partnerships between nonprofits, such as mergers, joint ventures, and administrative consolidations), strategic planning, executive/board relations, transition management, human resource issues, program planning and development, nonprofit incorporation, and collaborations including public/private partnerships.
:52 – About La Piana Associates and the nonprofits they serve
1:52 – Why would a nonprofit want to merge?
4:04 – First areas of concern when exploring merging with another organization
6:37 The Five Stages of Strategic Restructuring
12:03 Role of human resources during a restructuring
14:15 – Advice and encouragement during challenging economic times
16:33– Ok IF? If Bob had an actor play him in a film, who would he cast in the role?