Affiliation Strategy: Why We Offer It, Who We Offer It To, and How We Help

At KSH Consulting, our consulting services are centered on three key strategic pillars designed to help transform your organization. These pillars are financial strategic planning, affiliation strategy, and financial sustainability. While the first pillar is often the most emphasized and sought after, it’s only the first step of a much larger process.

We want to dive deeper into affiliation strategy, focusing on what it entails, why we offer it, who benefits from it, and how we support this pillar for the organizations we work with. 

Affiliation strategy is when two or more organizations enter a strategic partnership to share resources, including leadership and knowledge, increase financial stability, and enhance their services. We are increasingly seeing partnerships like this in the non-profit sector as a strategy for maintaining operations in an increasingly competitive landscape.

Now, let’s consider the why. Affiliation strategy allows your organization increased access to capital, strengthens leadership resources, and grants access to shared resources and knowledge, often reducing operational costs. Typically, affiliations are strategic partnerships used to overcome financial difficulties, accelerate growth, or navigate increased competition. 

Currently, the industry is going through a massive period of growth and strategic change. Organizations are beginning to view affiliation as growth opportunities rather than rescues. Strategic growth opportunities that come with affiliation include collaborations, alliances, and joint ventures – all without sacrificing autonomy or control over their core operations. 

As interim CFO’s/CEO’s we often get the benefit of working with organizations to assist management teams and boards with affiliation strategies by assessing potential affiliations for financial viability and alignment with goals. We then collaborate on a strategic financial plan that aligns with the organization’s mission. 

Affiliation strategy can be a valuable way for organizations to sustain themselves and maintain their own independence in times of strategic growth, financial hardship or high competition. We support senior living organizations through these strategic decisions so they can continue to serve generations of older adults with the highest quality care. 

To learn more about KSH Consulting, contact us.