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SPH Consulting: Mergers and Acquisitions in Higher Education
Gary Stocker, Ricardo Azziz
9 episodes
1 month ago
Higher education is in the midst of great change and transformation, and SPH Consulting Group is here to guide you. Not unexpectedly, major future-oriented institutional restructuring, including mergers, acquisitions, consolidations, corporate conversions, and closures, are increasingly common. An environment that is characterized not only by significant challenges, but also by even greater opportunities. Important and complex institutional transformations that require careful consideration of many potential partner opportunities, a defined pace and process, and expert support. SPH Consulting Group is ready to serve as the partner of choice, advising, guiding, and assisting college and university governing boards and executives as they consider major future-oriented institutional restructuring strategies. SPH Consulting Group is a team of experienced higher education experts who have actively and directly managed to success the many major restructuring events institutions of higher education face and consider in today’s climate. We provide a variety of services that will help ensure full and complete consideration of the strategic options for major institutional transformation available to higher education leaders and, when it is the right decision, the successful execution and implementation of the chosen strategy.
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Management
Education,
Business
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All content for SPH Consulting: Mergers and Acquisitions in Higher Education is the property of Gary Stocker, Ricardo Azziz and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Higher education is in the midst of great change and transformation, and SPH Consulting Group is here to guide you. Not unexpectedly, major future-oriented institutional restructuring, including mergers, acquisitions, consolidations, corporate conversions, and closures, are increasingly common. An environment that is characterized not only by significant challenges, but also by even greater opportunities. Important and complex institutional transformations that require careful consideration of many potential partner opportunities, a defined pace and process, and expert support. SPH Consulting Group is ready to serve as the partner of choice, advising, guiding, and assisting college and university governing boards and executives as they consider major future-oriented institutional restructuring strategies. SPH Consulting Group is a team of experienced higher education experts who have actively and directly managed to success the many major restructuring events institutions of higher education face and consider in today’s climate. We provide a variety of services that will help ensure full and complete consideration of the strategic options for major institutional transformation available to higher education leaders and, when it is the right decision, the successful execution and implementation of the chosen strategy.
Show more...
Management
Education,
Business
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Leading Existential Change in Higher Ed: mergers, closures and other major institutional restructuring Podcast 6 of 7
SPH Consulting: Mergers and Acquisitions in Higher Education
19 minutes
1 month ago
Leading Existential Change in Higher Ed: mergers, closures and other major institutional restructuring Podcast 6 of 7

Leading Existential Change in Higher Ed: mergers, closures and other major institutional restructuring.

This is the 6th in a series of 7 podcasts reviweing this book.  In this podcast, Dr. Ricardo Azziz discusses the topic of:

Achieving BSC leadership:
• Facing resistance and opposition
• Athletics

Here are the questions he answers.

1. Northeastern and Mills College are the merger case study colleges.  There was much emotion from the Mills students, faculty and trustees.  You write: that the emotional investment of stakeholders in a college or university’s identity can often impede necessary strategic restructuring. I have often teased that when a college changes the font on its business card, someone will protest.  A merger is always going to generate both objective and subjective push-back.  What are the ways a BSC leader can prepare for those in advance?

2. Outcomes:  Of the merger between Northeastern University and Mills was that those students who needed 8 credits or fewer to graduate, were offered a special six week term to complete their degrees.   Are there other examples you can share that merging colleges used to get that merger to the finish line?

3. Change or resistance to change is firmly embedded in higher education culture.  The old adage that “culture eats change for breakfast” applies – particularly to college faculty.  You have a summary box on page 206 titled ‘Challenges to Advancing BSC in higher education.  Let’s talk about a few.
a. Incrementalism as the usual approach to change.
b. The sunk cost and established brand of existing programs
c. The impact of shared governance (and tenure) on decision making

4. ON page 214, you write about ‘who is the opposition?” to mergers, closures, and major restructuring.  So, who is the opposition?

Athletics
5. Arguably, many colleges are better known for their athletic programs than for their academics.  The team nickname, mascot, and college colors are an integral part of the college’s identity.  Talk about mergers where athletic teams are mostly retained and then like the two Georgia colleges in this sections case study – when the athletics departments are merged into one.

6. Youth sports are embedded into American culture.  Parents, sometimes with delusion, envision their children becoming skilled enough to earn a college athletic scholarship.  So, the elimination of a single college sports program (through merger or closure) impacts student-athletes academic and athletic pursuits.  With BSC, what guidance would you provide college leaders in recognizing the athletic culture in our country – and its importance?

SPH Consulting: Mergers and Acquisitions in Higher Education
Higher education is in the midst of great change and transformation, and SPH Consulting Group is here to guide you. Not unexpectedly, major future-oriented institutional restructuring, including mergers, acquisitions, consolidations, corporate conversions, and closures, are increasingly common. An environment that is characterized not only by significant challenges, but also by even greater opportunities. Important and complex institutional transformations that require careful consideration of many potential partner opportunities, a defined pace and process, and expert support. SPH Consulting Group is ready to serve as the partner of choice, advising, guiding, and assisting college and university governing boards and executives as they consider major future-oriented institutional restructuring strategies. SPH Consulting Group is a team of experienced higher education experts who have actively and directly managed to success the many major restructuring events institutions of higher education face and consider in today’s climate. We provide a variety of services that will help ensure full and complete consideration of the strategic options for major institutional transformation available to higher education leaders and, when it is the right decision, the successful execution and implementation of the chosen strategy.