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Category: Ungated

How do club boards balance transparency and confidentiality?

EVERYONE SEEMS to be searching for the holy grail of best practices for a particular club issue or process, but how many times is there just one best practice? Most of these issues are situational—driven by that club’s culture, membership, economics, demographics, leadership skills, crises,

Private Club Governance, Strategy & Communications

The 2022 Member Survey Says … The National Club Association (NCA), in collaboration with GGA Partners, recently completed a survey of club leaders and board members covering the topics of governance, strategy and communications. A total of 274 clubs participated, of which 82% were from

Time to Evolve: Bringing in the Next-gen Board

As clubs look to attract and cultivate the next generation of board members, there are many factors to take into consideration. The very best volunteer leadership candidates often don’t raise their hands or jump to be considered for the positions. Those who are eager to

Recognizing Board Service: Benefits of Directors

Recently, I was asked by the president of a National Club Association (NCA) member club what types of benefits clubs typically give to their leadership. The honest answer was that I hadn’t the slightest idea. This lack of understanding sparked the idea to do a

Building Your Granddaughter’s Club: Strategies for the Future

As we begin to emerge from this pandemic and learn to live and manage with COVID-19 and its subsequent variations, the club industry has used the last year and half not just to survive but to chart a path of thoughtful strategic planning. I have read more interesting strategic plans in the last 12 months than I read in my 32 years of club management. I have seen a

Applying Debt: A Guide for Private Clubs

We have both been businessmen, financial professionals and financiers over the course of our careers, so we are very familiar with the use of debt in a corporate setting. As it turns out, even that considerable knowledge and hands-on experience did not prepare us when

Principles of Strategic Debt Use

Our firm is often hired when a club has reached a crossroads in their strategic path and is seeking a deliverable strategy that has not yet been executed or defined. As a rule, we do not own, lease, or invest sliver equity in the private

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