Pooling resources can be cost-effective and joint events can be convenient, but even in today’s weak economy, many small-association AEs cite a wide variety of reasons not to merge.
One of the toughest decisions to make in an association merger is how to merge staff. You—and your employees—know there’s no room for two education managers or two professional standards administrators. So, how can you blend, balance, and build the staff your new organization needs with the least amount of stress?
by Laurie Janik
A merger is the union of two or more corporations into one, known as the surviving corporation. Once a merger is complete, the merging corporations cease to exist and the surviving corporation assumes the assets and liabilities of all of the corporations that are parties to the merger.
Associations considering a merger—or any other type of complex and lengthy decision-making process—face the question: How and when do we tell the members?
It took only one meeting for the leaders of the REALTOR® Association of Greater Miami and the Beaches and the REALTOR® Association of Miami-Dade County to decide to merge.
“Real optimism is aware of problems but recognizes the solutions, knows about difficulties but believes they can be overcome, sees the negatives but accentuates the positives, is exposed to the worst but expects the best, has reason to complain but chooses to smile.”