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Category: Club Director

Measuring your General Manager’s Success

Q How can the club president do an effective job of reviewing the general manager’s performance? How do you measure success in the GM review? A General manager reviews are often a difficult process when conducted by board presidents, most of whom are successful executives but do

Calculating Total Cost of Ownership: Experts’ Corner

Q What is total cost of ownership and how is it calculated? A When comparing product options to purchase, it is important to consider the item’s total cost of ownership (TCO). TCO takes into account the upfront cost of an asset plus the operational cost for

Bankruptcy: Opinion Illuminates Club Membership Issues

In October 2014, the United States Bankruptcy Court for the District of New Jersey handed down an opinion that involved a Chapter 11 reorganization of an individual who was a resigned member of a country club. Companies in bankruptcy may liquidate or reorganize, but individuals

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