HCS Senior Consultant Authors Chronicle Commentary, "A Merger Can Save Your College, but Don’t Wait Too Long"
HCS senior consultant Lloyd A. Jacobs recently co-authored a commentary piece in The Chronicle of Higher Education, A Merger Can Save Your College, but Don’t Wait Too Long.
Among the chief findings in the commentary:
Our examination of more than 100 mergers, interviews with more than 30 leaders involved in mergers, and extensive review of the literature indicate that a common and fundamental obstacle to a successful merger is the failure of college leaders to even contemplate and explore a merger as a proactive option in their strategic planning. Why is that so? In part because leaders believe that considering a merger somehow implies their inability to maintain a college.
Dr. Jacobs co-authored this commentary with Dr. Ricardo Azziz, also co-authors of the recently published book Strategic Mergers in Higher Education.