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Overview

Co-op service territory is generally viewed as static and unchanging, presenting few growth opportunities or scale for performance improvement. However, opportunities abound through cooperatives collaborating in "shared services" agreements, examining the advantages and benefits of merger or consolidation, partial territorial acquisition of an IOU, or completely purchasing and absorbing a municipal electric system. This course is designed to help directors navigate the pros and cons of each of these strategies.
Key Topics


  • Identify potential shared-service opportunities, structures and benefits.
  • Understand and apply the board's role versus management's role in identifying and implementing shared service arrangements.

  • Identify fundamental building blocks of a successful combination of two electric cooperatives.

  • Understand key questions boards must discuss in contemplating a merger or consolidation, critical steps that must be taken in a merger or consolidation process, a proposed structured process, and essential outreach and communications with staff, employees and members.

  • Discuss tactics, strategies, and benefits of territorial acquisition and examine case studies of territorial acquisition.


Director Competencies Covered In This Course

 

Certificate Program
Credit

NRECA – 1 credit
CEU – 0.6 credits

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Competencies

CORE COMPETENCIES
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ROLE-SPECIFIC
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SUPERVISORY, MANAGEMENT AND LEADERSHIP
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