Economic Performance

Becoming more sustainable will often require initial investment in people, materialsmachinery and time before economic benefits are realised.  This means medium- to long-term planning will be an essential component of an effective ongoing management approach.

Developing and maintaining a firm, dry and healthy course will always help to minimise expenditure on materials, labour and machinery.  Likewise, implementing good energy efficiency and waste management programmes will contribute to further cost savings over time.

Golf course economics are becoming increasingly impacted by climate change, legislation, global finances and other outside influences.  A sustainable and effective management policy should be robust enough to withstand change in all of these areas.

The correct balance of pricing and resourcing across your course will ensure you are able to continually meet the expectations of your golfers in a financially secure manner.  It will also provide you with the profit necessary to continue investing in your facility; investment which is essential for achieving excellent playing surfaces, while simultaneously meeting your obligations to environmental stewardship and social responsibility.

 

To assess performance, your business will benefit from keeping records such as annual income from course related activities, annual course expenditure on human resources, water, pesticides, fertilisers and machinery, and yearly depreciations related to course operation.  The R&A has compiled a list of evidence fields which it considers vital to the assessment of ongoing sustainability.


 

Income

Golf courses are businesses and the principles of sound financial management must be applied if they are to operate sustainably. Some will only need to break even, whilst others have to generate profit.

Human Resources

The quality of the golf course will be greatly determined by those given the responsibility to manage it. Clear direction as to what the course has to provide to attract and retain its customer base is essential.

Materials

Materials used to manage the golf course will include water, wetting agent, fertiliser, growth regulators, pesticides, top dressing and bunker sand.

Machinery

To develop greater sustainability, it is important to match the machinery needs to the objectives for the golf course. Attention will need to be paid to the type of machine, its performance and efficiency and how the machinery stock relates to the human resource.