VOLUME 28, ISSUE 4
Strategic Management: Positioning Your Club for Dynamic Change
Strategic planning is a vital process that allows clubs to anticipate issues before they become problems and take advantage of opportunities. Learn the value of operating with a plan.
Fiduciary Liability for Club Retirement Plans
Club leaders need to know the major issues surrounding the fiduciary responsibility-and its associated liability- of offering a 401(k) plan to club employees.
Turnover and Conversion Transactions
The recession caused clubs to look for ways to be leaner- with a number of clubs considering changes to club ownership. This basic primer on equity conversions, turnovers and redemption structures gives club leaders a balanced perspective on the pros and cons of various scenarios and transactions that change club ownership or control.
Articles from the Archives: Caddies Left Holding the Bag
As part of NCA's 50th anniversary celebration, Club Director is spotlighting a series of articles from past issues that show ways NCA has kept private clubs informed, engaged and protected. The second article covers the “Caddie Relief Act of 1997” and NCA's campaign to protect the classification of caddies as independent contractors.
POINT OF VIEW
Governance in Tough Times
The Midterm Election Outlook
BY THE NUMBERS