Webinar 5/5: The Most Underrated Club Metrics

Jonas Club Software & GGA Partners to Co-host a Webinar Revealing the Most Underrated Club Metrics

Markham, ON Canada – Join Jonas Club Software and GGA Partners, the trusted advisors to the golf, private club, and leisure industries, in a special webinar event, discussing the most underrated club metrics that clubs should be paying attention to in 2021. With private clubs undergoing so much transformation in the last 12 months, many clubs are experiencing trends of rapid change and, as a result, require a plan to monitor membership like never before.

Focusing on metrics to help club management make more informed decisions, the session will cover metrics focusing on membership demographics, risk, spending and utilization. The session will be co-presented by Trevor Coughlan, VP of Marketing and Mark Darling, Product Manager – MetricsFirst, of Jonas Club Software, and Derek Johnston, Partner and Martin Tzankov, Senior Manager of GGA Partners.

The session will take place on Wednesday, May 5th, 2021 at 1:00 P.M. ET.

If you would like to attend this 45-minute session, registration is available for free by visiting: https://attendee.gotowebinar.com/register/6315081732484665869.

Register for free →

 

About Jonas Club Software

Jonas Club Software helps clubs thrive by focusing on the creation of exceptional experiences. These experiences are delivered through industry-leading services, integrated applications, innovative technology, and long-term partnerships with the clubs we serve.

Over 2,300 clubs in more than 20 countries, with memberships ranging from 20 to 20,000, utilize Jonas Club Software technology. With applications ranging from Accounting to Retail Point of Sale, Tee Time Management, Court & Class Booking, Dining Reservations, websites and Mobile Apps, Jonas Club Software is the standout choice for clubs driven to offer exceptional member experiences. For more details visit www.jonasclub.com.

 

About GGA Partners

GGA Partners™ is an international consulting firm and trusted advisor to many of the world’s most successful golf courses, private clubs, resorts, and residential communities. We are dedicated to helping owners, asset managers, club and community leaders, investors and real estate developers tackle challenges, achieve objectives, and maximize asset performance.

Established in 1992 as the KPMG Golf Industry Practice, our global team of experienced professionals leverage in-depth business intelligence and proprietary global data to deliver impactful strategic solutions and lasting success. GGA Partners has offices in Toronto, Ontario, Phoenix, Arizona, Bluffton, South Carolina, and Dublin, Ireland. For more information, please visit ggapartners.com.

 

Media Contact:
Trevor Coughlan
Vice President, Marketing
Jonas Club Software
Trevor.Coughlan@jonasclub.com
1-888-789-9073

In Pursuit of Innovation

GGA Partners Releases Innovation Whitepaper as Part of Thought Leadership Series

‘In Pursuit of Innovation’ aims to provide managers with guidance to unlock creativity

TORONTO, Ontario – GGA Partners, a global consulting firm, has released In Pursuit of Innovation, the fourth in its series of thought leadership whitepapers. This authoritative guide explores how surviving in today’s competitive landscape depends on the ability of clubs and organizations to unlock their creative potential and offers up several guidelines to allow freedom of thought and imagination.

In Pursuit of Innovation highlights the way companies must continuously transform in order to survive and how a constant pursuit of innovation will guard against failure, whether gradual or sudden.  The paper clarifies exactly what constitutes innovation, where it comes from, and how club leaders can practice innovative thinking to unlock a culture of creativity.

“Our experience with thousands of private clubs over nearly three decades shows us that without innovation clubs become stale, membership falls until it eventually flatlines, competitive advantages diminish, members become dissatisfied, and talented staff look elsewhere,” explained GGA Partner Henry DeLozier, one of several authors of the piece.  “Innovation can come from anywhere inside an organization, and we think it should be encouraged from all corners, from the folks raking bunkers to the person answering phones to the accountant balancing the books.”

Innovation happens at the intersection of problems, opportunities, and fervent minds but must be deliberately sought, practiced, and encouraged at all levels. “It’s normal in any business to want to maintain the status quo. It’s comfortable, it’s safe, and it’s easier than making changes,” said DeLozier. “In reality, the status quo only works for so long. If you’re going to grow, you must innovate.”

In Pursuit of Innovation illuminates four common roadblocks to an innovative culture and identifies the steps necessary to unlock a culture of creativity.

In addition to innovation, GGA Partners has published new whitepapers on strategic planning, branding, and governance which are accessible via the firm’s website.

Click here to download the In Pursuit of Innovation whitepaper

 

About GGA Partners

GGA Partners™ is an international consulting firm and trusted advisor to many of the world’s most successful golf courses, private clubs, resorts, and residential communities. We are dedicated to helping owners, asset managers, club and community leaders, investors and real estate developers tackle challenges, achieve objectives, and maximize asset performance.

Established in 1992 as the KPMG Golf Industry Practice, our global team of experienced professionals leverage in-depth business intelligence and proprietary global data to deliver impactful strategic solutions and lasting success. For more information, please visit ggapartners.com.

Media Contact:

Bennett DeLozier
GGA Partners
602-614-2100
bennett.delozier@ggapartners.com

Looking Outside the Boardroom

Board members are an important source of experience and knowledge. But when making strategic decisions on the future direction of the club, that expertise can easily be hampered by a lack of access to valuable data and actionable information.

GGA’s Bennett DeLozier explains how to connect your board with the critical insights they need from outside the boardroom.

Scenario: you’re a manager, it’s sunny, you’re in a board meeting, fluorescent lights buzz overhead.  The group is brainstorming capital improvement projects ahead of next season.  The topics of budget, capital reserves, assessments, competitor offerings, and attracting new members swirl around the room.

Someone claims that what members “really want” are new amenities, another counters that new amenity supporters are mostly younger members in restricted categories, a third comments on the price of dues for this group.  Opinions begin to diverge on membership pricing, someone mentions member satisfaction, people start using the word ‘should’, and a healthy, productive conversation turns to conjecture.

In this situation, a common reference point can bring everyone back on task. You’re confident you probably have data points on all of these topics somewhere in your office or in your inbox.  You’re scrolling, scrolling.  Before long, the meeting adjourns with decisions on hold, and you leave with a list of research tasks and staff projects to tackle in advance of the next one.

Board Members Need Information

While this scenario may be an overdramatization, it’s not terribly uncommon.  This is what happens when intelligent, capable people face important decisions without actionable information.  It deters strategic thinking and is taxing for the manager and staff.

Board members are usually smart, business-oriented people and they expect to have empirical discussions just as they have done in their own line of work.  Their job is to strategize, and a strategy is only as good as the information which informs it.

The most effective club managers gather, consolidate and deliver a war chest of information to the boardroom in order to facilitate better, easier, and quicker decisions.

The Right Kind of Data

A word of caution: not all data is good data and managers are wise to beware the data ‘dump’.  So, what does the right kind of data look like?

  • Data that is current. In a perfect world, the provision is real-time data and predictive analytics.  Data should be updated as frequently as possible and be on-hand for timely, relevant insight before annual planning exercises and performance monitoring activities take place.  In some markets, data that is 12 months old is out of date.
  • Data that comes from multiple sources. A combination of internal club data and external market data are required to be informed at both a micro and macro level.  Data from the club’s management and point-of-sale systems or reports from department heads alone doesn’t cut it.
  • Data that is useable. In presentations and speaking engagements we’ll often joke about the graveyard for strategic plans: in a three-ring binder on your credenza collecting dust.  Cheeky, but true.  Data should be readily available and accessible in a digestible manner.  Having to look for it, go get it, wait for it, or set-aside-15-minutes-for-everyone-to-skim it usually means your data isn’t seaworthy.
  • Data that works for you. Transferring the right kind of data to your board requires you to have a framework for gathering, analyzing, and succinctly documenting all the research and information that is Your data framework should not create more work for you. In other words, you need technology to gather, centralize, and process that information into synthesized insights.

What kind of information do boards want?

They want consolidated internal data to inform them about the club’s financial and operational performance, as well as member satisfaction, habits, preferences, and attitudes.  They want external data which informs them about competitive offerings, prevailing market trends, industry standards, and helps them contextualize the club’s performance relative to others.

Most importantly, they want to know about progress – where the club is now relative to where it needs to be or where members want it to be.

Why don’t boards have this type of information?

Simple. Because their manager hasn’t given it to them.  Usually the manager hasn’t given it to them for really good reasons: they don’t have the time, resources, money, or – in some cases – the culture to support data-driven decision-making.

To be clear, managers should not be expected to have the ability to answer every question which comes their way.  However, they should be expected to successfully guide the process of strategic decision-making at their club.  Here are six tips to make you more efficient and effective at connecting your board with critical insights:

  1. Survey members on satisfaction every year, if not more regularly. Be deliberate and selective with attitudinal surveys, capital improvement surveys, and club votes, but be adamant about doing a satisfaction survey every year.
  2. Know your market inside and out, literally. Knowing your internal market means helping your board know the club’s performance and members.  Knowing your external market means keeping your board apprised of competitors, industry standards, trends, and best practices.
  3. Maintain a constant grasp on the state of your club’s operational and financial data. Being able to reference, provide, or recite details about the club’s finances and operating performance is one of the most effective ways to enhance your command presence in the boardroom.
  4. Keep your data organized and ready to go on short notice. Get yourself in a position where you’re prepared to deliver an informed response to any questions which come your way or threaten to derail a productive discussion.
  5. Report on performance metrics before you’re asked. Be proactive about regularly updating your board on current status, changes, and evolutions within the club.  As the saying goes, they don’t know what they don’t know.
  6. Build upon your data and monitor how it changes over time. This will provide your board with a sense of progress and will serve as a powerful cache of information when it comes time for your annual performance evaluation.

How to Embrace Emerging Club Technology

In a market brimming with new technology solutions that could revolutionize the way you run a club, GGA Partner, Derek Johnston, reveals how your club can embrace these opportunities, while mitigating any business risks they could create.

Technology continues to change the world; new devices, platforms, and applications continue to enter the market at pace. Yet the criticism leveled at clubs remains the same. The industry is ‘slow to change’, ‘reluctant to adapt’, or can be ‘averse to new technology’.

Is this truly the case? And, if so, what are the reasons for the reluctance?

A technology dilemma

The promise of what enhanced technology can bring to a club is a compelling proposition: better information, increased productivity, improved accuracy, cost efficiencies, delivering an enhanced experience to members and guests. But it’s true that club leaders face a paradox, in that while new technology can often be the source of these tangible advantages, it can be the gateway to unforeseen issues and risks – ones which can easily go unnoticed if not supported appropriately or utilized correctly.

How have these risks come about? In part, through the existence of historical governing frameworks and adherence to traditional operating practices which have not kept pace with the digital transformation. Add in a human element, where individuals may not be properly equipped to implement or operate new technology with due skill and attention, and what were risks can easily become real-life business issues.

A common business issue clubs encounter is not just identifying a new technology solution, but adopting and integrating it effectively.  Clubs can decide upon and acquire a technology and not use it – sometimes they don’t know how best to use it, other times their chosen technology is incongruent to their current business processes or improvement objectives, and, more often, folks simply don’t have the time.

Technology is a tool like any other, it fulfills its purpose when it’s being used. To embrace emerging technology, clubs must identify and select the right tool for the job, map out their implementation approach, restructure their existing processes, if necessary, and define targets against which progress will be measured.

Five Tips to Drive Technology Success:

What can clubs do to mitigate risk when assessing and implementing new technology?

1. Use evidence to inform your decisions

Based on business intelligence and current performance indicators, what are the areas of improvement you have identified? Technology solutions should address those areas directly to realize productivity, accuracy, cost efficiency, or other specifically identified improvement objectives.

2. Be selective

Scrutinize the technology proposition as it relates to its ability to address business needs and make significant improvements when compared to current processes. Then…

3. Take a phased approach

The majority of clubs are not blessed to employ extensive teams with broad and rich skillsets dedicated to technology implementation, training, and maintenance. This typically reduces your capability to take on multiple new forms of technology all at once and be effective in doing so. Prioritize and take a phased approach to how you introduce new technology.

4. Invest in staff training

While learning can and does take place ‘on the job’, ensure the relevant staff members are appropriately trained on an ongoing basis either by yourself or your technology partner. This will ensure you maximize the benefits of the new technology to your club, avoid improper use and protect against too few individuals owning the knowledge connected to the technology.

5. Set goals and targets

You may be investing on the promise of increased efficiencies, but unless you set targets and put in place the necessary measures to track performance, it’s impossible to assess the effectiveness of the new technology. Clear expectations and targets will help your staff buy in to its introduction and encourage your technology partners to best assist you in achieving them.

Although these steps may appear to be extensive, they should in no way be viewed as a deterrent to change. Why? Because there is also risk attached to inaction, standing still while the wider world continues to evolve.

Take one aspect of consumer behavior, for example. As the trend towards mobile and digital continues to grow and evolve, if your club becomes disconnected from this trend it could be seen as old-fashioned, traditional, or in ways simply incongruent with what your club really stands for. While clubs should never feel technology should be forced on them, they should at least consider what existing members and prospective members want; what the club needs to operate efficiently and effectively fulfill its mission; and what club leaders require to effectively develop, monitor, and maintain the club’s strategic direction. Most importantly, clubs should be prepared to act on their findings.

Embracing change

How then should a club approach technological change? In short, with an open-mind and a pragmatic, data-driven approach combined with the support and buy-in of staff, members and club stakeholders.

Whether the aim is to increase productivity, reduce costs or deliver a better experience to members and guests, those invested in the success and sustainability of the club will recognize the intention to improve. Not only will this protect against the market forces of standing still, it will take those invested in the club on a journey towards a better, brighter, more sustainable future.

For help on identifying and embracing emerging technology at your club, connect with Derek Johnston.

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