Islington Golf Club Case
Competitive Landscape
The golf industry is a competitive industry. It is especially competitive for Islington Golf Club. Islington has a lot of competition, 30 other courses within a 30 minute drive from Toronto and several located within 5-10 minutes. Many of the courses located close to Islington Golf Club have recently undergone renovations or have more amenities to offer members. These factors make it hard for Islington to get new members because they do not have the extra money for renovations and upgrades.
Regulatory
Islington Golf Club has a board that includes 10 members with 8 committees. These committees include: Membership, Management, Building, Finance & Legal, Green, Nominating, Captain’s and Ladies’ Captain’s. Before the general manager Mr. Fox can go ahead and make any changes to the club he has to go through the committee first. The board will have to look at all factors for the change including environmental and legal laws before they can give the go ahead.
Economic Factors The economy plays a huge role in the survival of any business. The golfing industry is one of the businesses that find it tough to survive during a recession. Golfing is a luxury, and many people do not have the time and money for the luxury items anymore. Job security is lower, making it hard for people to want to go out and purchase such large expenses like a golf membership.
Social Trends
Social trends play a big part in the golfing industry. The way the economy is right now, usually only people with a lot of extra earnings can afford a membership at a prestige course like Islington. The ones, who can afford to play at the top of the line courses, tend to lean towards the one that gives them more social ratings. This becomes a trend among their group of friends, co-workers and corporate partners.
Technological factors Technology keeps advancing and growing as the years go by. Depending on the business, sometimes having the up to date technology can
The golf industry is a competitive industry. It is especially competitive for Islington Golf Club. Islington has a lot of competition, 30 other courses within a 30 minute drive from Toronto and several located within 5-10 minutes. Many of the courses located close to Islington Golf Club have recently undergone renovations or have more amenities to offer members. These factors make it hard for Islington to get new members because they do not have the extra money for renovations and upgrades.
Regulatory
Islington Golf Club has a board that includes 10 members with 8 committees. These committees include: Membership, Management, Building, Finance & Legal, Green, Nominating, Captain’s and Ladies’ Captain’s. Before the general manager Mr. Fox can go ahead and make any changes to the club he has to go through the committee first. The board will have to look at all factors for the change including environmental and legal laws before they can give the go ahead.
Economic Factors The economy plays a huge role in the survival of any business. The golfing industry is one of the businesses that find it tough to survive during a recession. Golfing is a luxury, and many people do not have the time and money for the luxury items anymore. Job security is lower, making it hard for people to want to go out and purchase such large expenses like a golf membership.
Social Trends
Social trends play a big part in the golfing industry. The way the economy is right now, usually only people with a lot of extra earnings can afford a membership at a prestige course like Islington. The ones, who can afford to play at the top of the line courses, tend to lean towards the one that gives them more social ratings. This becomes a trend among their group of friends, co-workers and corporate partners.
Technological factors Technology keeps advancing and growing as the years go by. Depending on the business, sometimes having the up to date technology can