1. A perfect merger? Lessons from the merger of Cardiff University with University of Wales, College of Medicine

2. Pre Merger Pre Nups Evidence of strategic fit -choice of alliance - student unions Raising the ambition of both Universities Leadership - dedicated group Time Financial benefit not cost cutting Can it be called off?

3. Strategic fit imperative

4. The Evidence and strategic Fit Independent report to review the options- alliance or merger Takes two to tango - compatibility Benefits to both partners External drivers Opportunity costs

5. Leadership Agreement in advance about who to head the new organisation A dedicated team for the Merger project Heads of agreement at prepatory meeting Clear accountability for progress to b to both Councils

6. Time and Opportunity As long as it takes or tight timescales? External factors e.g. REF Risk of missing opportunities Political environment

7. Finance and benefits Dedicated resources from HEFCW Internal funding Existing financial viability Opportunity to increase financial credibility Refresh of internal policies etc Link chairs -led to new Research institutes

8. Deal Breakers? Refreshing the brand? Never let that language or concept take hold Redundancy? Keep to your promise Logo, marketing and PR Working together on hot spots

9. Conclusions re success Strategic fit Early agreement on management structure Project management Act of Parliament-late Students Union

10. The Legacy - 8 years on Inconceivable not to be together Collaboration still on Welsh agenda Research income and collaboration REF Reputation