Bridging Strategy and Operations with Your Annual Business Plan

Most private clubs rely heavily on an annual operating budget and utilize a strategic plan; however, these tools are rarely integrated. The Club Council recommends an annual business plan to connect long-term strategy with the club’s ongoing financial plans.

A club's annual business plan ensures that resources are allocated effectively, provides operational guidance, and preserves member satisfaction through targeted initiatives. The plan functions as a tool for risk mitigation and performance measurement, while fostering adaptability and innovation.?The Chief Executive authors the plan, and department heads assist with implementation. What role do committees play? They contribute by being assigned goals and ensuring a coordinated effort. The club benefits by leveraging the diverse skills and perspectives of its members. What’s the best way to structure this annual business plan? Visit our website for a sample outline.