A Midwest Merger: How Two Ohio Colleges Are Coming Together

Mergers aren’t easy. They demand careful analysis, difficult decisions, and tricky stakeholder management. But they are becoming increasingly necessary as dropping enrollments make going it alone less viable for more and more institutions. So, Michael and Jeff sat down with the presidents of two colleges in Ohio that are in the process of merging and the consultant that helped guide them through it to learn more about how to do so successfully. They discuss how to find the right partner, navigate federal approval processes, and manage the emotional elements. This episode is made with support from Ascendium Education Group and The Gates Foundation. Links We MentionStrategic Mergers in Higher Education by Ricardo Azziz et al. Chapters0:00 - Introduction01:32 - Future U’s Coverage of M&A03:26 - A Merger in Northwest Ohio04:44 - Pursuing a Partnership08:29 - Finding the Right Fit10:45 - The Challenging Federal Approval Process16:21 - Managing Stakeholder Communications22:09 - Lessons Learned27:04 - The Leadership Characteristics Required30:46 - The Timeline of Mergers39:03 - Managing the Emotional Element Connect with Michael Horn:Sign Up for the The Future of Education NewsletterWebsiteLinkedInX (Twitter)Threads Connect with Jeff Selingo:Sign Up for the Next NewsletterWebsiteX (Twitter)ThreadsLinkedIn Connect with Future U:TwitterYouTubeThreadsInstagramFacebookLinkedInSubmit a question and if we answer it on air we'll send you Future U. swag!Sign up for Future U. emails to get special updates and behind-the-scenes content.