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Human Resources

Operating Principles for Strategic Restructuring Consultants

Through our work as consultants and our experience in training consultants in the area of strategic restructuring, we have identified the following key operating principles for consultants who seek to support nonprofits in the negotiation process:

• Strategic restructuring is a tool, not a panacea.
• The nonprofits involved in the effort are the clients.
• The consultant works for all parties involved.
• All parties must enter into strategic restructuring freely.
• There is no guarantee of a particular outcome.
• No particular outcome is favored.
• The process should be moved along expeditiously.