Strategic alliances can take many forms, and are known by many terms. An alliance may be an informal arrangement for sharing information and resources, strengthening policy initiatives, or increasing operational efficiency. Alternatively, an alliance may be a formal arrangement such as a joint venture, partnership, consolidation, or merger with nonprofit or for-profit entities. Nonprofits should be open to consolidating and/or merging their organizations when it is in the best interest of the constituents, community, or service area to avoid unproductive duplication of services and to maximize available resources and impact.
Online FAQs and Samples
- FAQs – Frequently Asked Strategic Alliance Questions.