Editor’s note: This article is adapted from NCA’s upcoming publication, HR Management: Best Practices for Private Clubs, to be released this spring. See our website at www.nationalclub.org for more details about this new resource. One of the most essential, effective and overlooked elements of club operations is
In less than 10 months, the Patient Protection and Affordable Care Act (ACA) will go into full effect. With that in mind, club leaders should be thinking about how this law will impact their bottom lines and their employees. Most importantly, club general managers should
Q What is the fiduciary role of the audit committee in a private clubs? A It is the audit committee’s job to assist the club’s board in fulfilling its oversight responsibilities by monitoring the integrity of the club’s financial accounting processes and systems of internal controls regarding
Q What is the fiduciary role of the audit committee in a private clubs? A It is the audit committee’s job to assist the club’s board in fulfilling its oversight responsibilities by monitoring the integrity of the club’s financial accounting processes and systems of internal controls regarding
Q How important are separation of duties and strong internal controls in a club environment that does not handle cash and runs on a limited budget? A Occasionally you may hear about fraud at another club. You may even hear a remark that fraud can- not happen
The employment world of yesterday is slipping away. Since the start of the Great Recession, many workers were simply happy to have a job, and even top talent had trouble finding greener pastures. Now, as the economy slowly finds its feet once more, clubs must
Club management software systems are an integral part of club operations. If the club management system has been in use for at least five years, it may have become obsolete—and could be costing the club time and money. Even if the club management system has
On November 6, 2012, citizens of the United States went to the polls to decide what direction the country would take over the next two and four years. When the votes were counted, it seems that all of the bad press and the terrible approval
GOVERNANCE NOTEBOOK: PERSPECTIVES ON CLUB LEADERSHIP Editor’s Note: NCA’s Board Leadership Institute was created to focus on building governance resources to support highly effective club boards that are well prepared for their future. Institute initiatives will focus on knowledge building activities to expand both awareness of,
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