Q: How do you optimize your management team? What are the most critical components of an effective management team? A: Many managers spend a significant amount of time doing the wrong things very well or the right things very poorly. The responsibilities and goals of a private
Q: How should a club structure financing of capital expenditures so that the long-term financial health is not threatened? A: Clubs strive to have their operations at least break even each year, before depreciation, thus eliminating the necessity of end of year assessments to cover operating deficits.
The America we live in today will look vastly different when compared to the America experienced by future generations. Furthermore, the America conceptualized by one of our nation’s defining generations, the Baby Boomers, may be outright unrecognizable in the not too distant future. What does
One definition of insanity is doing the same thing over and over and expecting different results. We in private clubs are far more susceptible to this because of a tendency to keep with the traditions of the past rather than trying to innovate and anticipate
Successful private club governance is not something that occurs once a month, or however may times a club board meets annually. Rather, it’s constant, ongoing and integrated into every day club operations. Good governance starts with a sound strategic plan. Like good governance overall, strategic
This winter, happy couples planning their perfect wedding are reading articles and visiting websites looking for the best wedding venue. Many of these magazines and wedding websites will point toward private clubs. For private clubs, this presents a prime opportunity to make additional revenue, something
In general, a better-trained employee is a more effective employee. In order for a club team to operate like a well-oiled machine, training must be thought of as an ongoing initiative rather than a one-off first week requirement. In the New Year, set goals, train
What are the latest and greatest technology trends likely to impact private clubs today and tomorrow? Well, it depends on whom you ask. NCA invited several leading industry-affiliated organizations to tell us what technology trends to watch in 2014 in the areas of fitness, food
For nearly four years, NCA has been educating and advising private clubs on the administrative and economic impact the Affordable Care Act will have on their operations. From tracking employee hours, to altering the number of months seasonal workers can be on property, and planning
For nearly four years, NCA has been educating and advising private clubs on the administrative and economic impact the Affordable Care Act will have on their operations. From tracking employee hours, to altering the number of months seasonal workers can be on property, and planning