“An ounce of prevention is worth a pound of cure.” —Benjamin Franklin BEN FRANKLIN coined this phrase shortly after he was forced to jump out of a window of his home, having unintentionally set the house ablaze. Afterwards he cautioned fellow homeowners to be careful carrying
As part of your best practices in governance, the club should have a documented board profile, which is a “wish list” of attributes, skills and perspectives represented on the board at any given point within the board cycle. The composition of every board varies, but
Club Benchmarking data reveals a tale of “three” cities happening in the club industry, which appears to be a growing divergence. According to our research, one-third of clubs is prospering and growing, one-third is “going sideways” and one-third is falling further behind every year. The
THOROUGH AND THOUGHTFUL board orientation ensures the effectiveness of private club boards in transition. Club leaders often struggle to sustain key strategic initiatives due to the lack of continuity from one board to the next. Board orientation is an important step to ensure the continuity and
When Tim Muessle, CCM, stepped into the general manager role at the Yale Club of New York, he experienced a university club vastly different from the sprawling, multi-campus, sports-centric country club he managed for the previous eight years—from the facilities and technology to the culture
Belle Meade Country Club (BMCC) is a private, member-owned club in Nashville, Tenn., with robust recreational amenities and a renowned culinary reputation. Founded in 1901, the club moved to its current location in 1915 where it is a central and coveted element in its members’
One day Alice came to a fork in the road and saw a Cheshire cat in a tree. “Which road do I take?” she asked. “Where do you want to go?” was his response. “I don’t know,” Alice answered. “Then,” said the cat, “it doesn’t
Word that Club Trends was planning to feature the Yale Club in this issue must have reached the Harvard crowd. How else to explain why New York City’s Harvard Club scooped the Yalies by getting their own case study published in The New York Times?
The importance of good governance cannot be overstated. It is the cornerstone for achieving and maintaining a successful club. The governance structure assures club stability, dedication to the mission and remaining flexible to the changing society the club serves. At the same time, clubs need