Monday, October 28, 2024
8:15-9:15 a.m
58-D. Affiliation: Last Resort or Best Path Forward?
Affiliation is often seen as a last resort for a troubled senior living community. However, deciding to join with another entity can also represent an organization’s best path to achieving its strategic vision. This session will reframe the concept of affiliation by presenting the story of the Elder Care Alliance (ECA), which chose to pursue an affiliation after undergoing a robust strategic planning process. Presenters will offer a brief overview of the process ECA used to explore whether an affiliation would improve the odds of achieving its vision for success. Take home practical tools for identifying, pursuing, and evaluating potential affiliation partners. Explore key governance issues associated with one of the most significant decisions your board of directors may ever make.
- Adriene Iverson, President & CEO, Elder Care Alliance
- David Knight, VP of Business Services, Transforming Age
- Mario McKenzie, Partner, CLA