What are some common types of Strategic Restructuring?
Strategic restructuring occurs when two or more independent organizations establish an ongoing relationship to increase the administrative efficiency and/or further the programmatic mission of one or more of the participating organizations through shared, transferred, or combined services, resources, or programs. Strategic restructuring ranges from alliances like jointly managed programs to organizational integrations, like full-scale mergers. A strategic alliance includes: • Commitment to continue, for the foreseeable future to share/consolidate administrative functions and/or programmatic services, • Shared or transferred decision-making power, and • Some type of formal agreement, contract, or Memorandum of Understanding (MOU). • However, it does not involve any change to the corporate structure of the participating organizations. An integration is a strategic restructuring that: • involves changes to corporate control and/or structure, and • may involve the creation and/or dissoluti
