Beyond the duties of care, loyalty and obedience, there is a, I suggest, a fourth board duty: the duty of imagination. Alice Korngold, 2006 Board support for innovation is vital to the performance of the board itself and to the performance of the executive and
Content Marketing was unknown in 1956 when wily Sam Phillips, the Memphis-based musical producer who launched Elvis Presley on his path to stardom two years earlier, realized he was hosting something worthy of attention … four Hall of Famers singing together. Many private clubs may be
AT A RECENT board meeting I asked the trustees to reflect on what their lives would be like if we did not properly take care of Beacon Hill Club (BHC) and it became unsustainable. When I am feeling the stress of being president of BHC,
THE QUESTION THAT I GET ASKED MOST often from people I meet is, “What does the National Club Association do?” After letting them know that we are a trade association that advocates on behalf of private clubs and provides insight on club trends and best
The fact that Donald Trump owns more golf courses than any president in United States history should be positive for the industry. If he and the increased number of Republicans in all levels of government act in concert with their limited government values, individual clubs
Club management selection committees have incredibly clear, deep and diverse expectations when it comes to the skills, attributes and traits expected when considering a slate of candidates. Many clubs create incredibly high standards and expect a range of candidates to exceed those expectations. Some of
Some annual club goals usually involve staffing and ensuring that the club has the right number of employees for its needs as well as retaining its good employees. Planning your club’s staffing strategy is especially important when it comes to employing foreign nationals—non-U.S. Citizens and
Belonging to, or even visiting a club, comes with certain expectations. One of which is that an elevated level of service will be experienced. In order to deliver on these expectations, clubs are turning to sophisticated technology applications not only to streamline tedious and time
The result of the November 2016 elections brings a close to the Obama years. For the first time since the 109th Congress (2005-2006), there will be a Republican President and Republican majorities in both houses of Congress. Obama Administration’s Negative Impact on Clubs During the Obama
A negative pledge is an arrangement made between the club (borrower) and the bank (lender) whereby the club will pledge not to encumber or sell the club or refinance the loan without the approval of the bank. It gives the bank more control over the