Inside Golf, Australia. June 2014 | Page 5

starters box Failing to plan / planning to fail Richard Fellner Group Editor [email protected] @insidegolf T HIS month, there are two key articles to which every golf club and Board should pay close attention. The first, “Report: major challenges ahead for clubs” (page 9), details the participation trends of today’s golfer. The second article, “Changing landscapes: courses on the move” (page 12) explores how some clubs are planning (or failing) to adapt to these trends. www.insidegolf.com.au Publisher: Outdoor Sports Publishing Pty Ltd ACN 113 836 301 ABN 30 043 104 919 PO BOX 437, Miami, QLD 4220 Editor: Richard Fellner P: 0407 000 440 [email protected] Senior Writer: David Newbery [email protected] Design & Layout: Stacey Fortescue, Rhys Martin, Rob Kirk Contributors: Larry Canning, Mike Orloff, Denis Dale, Peter Croker, Michael Green, Karen Lunn, Stephen Pitt, Tiffany Mika, Mat Howe, Brian Thorburn, Henry Peters, David Merriman, Richard Nizielski, Lee Harrington National Sales: Sam Arthur P: 1300 4653 00 | F: (07) 5535 4922 M: 0410 575 303 | E: [email protected] QLD Sales: David Ross M: 0439 612 458 E: [email protected] NSW/ACT Sales: Robbie O’Donnell M: 0439 144 256 | E: [email protected] VIC/TAS/SA Sales: Jon Perrett M: 0402 852 637 | E: [email protected] Advertising Sales: Lisa Coleman E: [email protected] | M:0406 031 344 National Agency Sales (non golf) Marc Wilson | M: 0419 107 143 New Zealand Sales: Daniel Sim M: 0439 856 752 | E: [email protected] Accounts: Sheridan Murphy M: 0404 075 823 E: [email protected] Cover Photo: Courtesy of USGA It’s official: 43,575 Inside Golf Magazines distributed each month for the period: October 2013 - March 2014 Distributed to over 425 golf clubs, social golf clubs, driving ranges and retailers Australia wide every month The articles go hand-in-hand. Over the last few years, due in part to the trends shown in the first article, we’ve seen a large number of golf course/ club closures, mergers and moves (second article). For many clubs, a change has become the only option, as all other alternatives may have been exhausted. But what many clubs fail to realise is just how much time and effort (and money) is involved with a move of this magnitude. Take the new Gardiners Run Golf Course in Victoria, for example, which just opened last month. With planning, approvals and construction, the project took over 10 years to complete. The Eastern Golf Club, which will open their new course in 2015, began considering their strategic options eight years ago, in 2006. Recently, Peninsula Kingswood and many other clubs have all made moves that will take many years to come to fruition. So it’s no longer a relatively short exercise to manage a relocation. And if the decision isn’t made ‘in advance’ of when the club faces difficulties, then the results can be severe (i.e. rash decisions could be made, which can lead to a “fire sale” of the land, extra costs due to the rush, poor business choices due to panic, etc). The forward-thinking clubs above had the foresight to anticipate the trends and adapt accordingly. And they made tough decisions (which may not have been popular with members) in the best interests of the club. There are many clubs out there, however, that are either in denial or procrastinating. Unfortunately, when the time comes for them to make the decision to move, it will likely be too late. It also may be too expensive. Consider the fact that the cost of relocation (to build a new course and facilities) is getting higher and higher every day. It could soon be at a point where a club’s land value (if they choose to sell) may not be enough to finance a brand-new course with any reasonable buffer or surplus funds left over. With any unexpected changes in the market, they could very easily be back up against the wall immediately after relocation. And this is just for a standard golf course and clubhouse. But when you consi