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Join James Graham Prusa for a workshop on managing costs on a budget in golf course management. Learn about cost-saving strategies, innovation, and adapting new methods. Explore management by objective (MBO) and budgeting techniques. Analyze financial metrics and gain insights into food and beverage cost analysis. Gain a better understanding of fertilizer and chemical costs. Discover how to optimize resources and build a strong team relationship.
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Managing Costs on a Budget Golf Course Management Workshop by James Graham Prusa James Graham Prusa
Managing Costs on a Budget 19. Managing Golf Course Costs on a Budget -- MBO James Graham Prusa
COST SAVING Demands Your Willingness to CHANGE by: • Honest, critically-objective assessment of your current practices and strategies • Study and understanding of emerging business trends (Adm. Nelson – Trafalgar; Adm. Togo – Tsushima) • Innovation, modification and adaptation of new (or old) methods • Willingness to take thoughtful risks to gain the victory • You, like Yi Sun Shin, must take a stand and have a willingness to risk being criticized by the ‘group’ Admiral Yi Sun Shin 1545-1598 James Graham Prusa
Managing Costs on a Budget -- MBO • MBO – What is It? • Management By Objective (MBO) – Dr. Peter Drucker • Integrates with Kaizen • Complete planning • Operating and Personnel Objectives • Continual Evaluation • Includes Budgeting from a ‘Zero Base’ James Graham Prusa
Managing Costs on a Budget • Budgeting • Food & Beverage Cost Analysis • F&B Management Experience Works for Costing, Managing and Controlling Fertilizers, Chemicals, Course Supplies • I was able to do well at F&B cost control because I understood chemistry! I learned better fertilizer & chemical cost control by managing F&B!) James Graham Prusa
Managing Costs on a Budget • Budgeting • Golf Course Operating Ratios – Do you know how to analyze your financials? (130 golf courses in Japan) • Comparative metrics limited info in Asia – for now (AGIF) • Cost-per-hole • Cost-per-hectare • Cost-per-round • Cost-per-member / customer • Spend-per-customer v Cost-per-customer • Full-time-equivalent (FTE) James Graham Prusa
Managing Costs on a Budget • Similarities of setting up F&B costing analysis and doing the same for fertilizers & chemicals. How to really know the true costs of fertilizers… • How do you know your COS for Bar? Menu? • Calculations for fertilizers and chemicals are similar • VERY FEW golf course superintendents can tell you what they are paying for actual, needed nutrient elements PER GRAM! Don’t know their pour costs! • POWER ! Takes hard work, risk, determination • DO IT! Help your Super and build team relationship James Graham Prusa
Managing Costs on a Budget Do you really need what is in all those bags? Likely not! James Graham Prusa
Managing Costs on a Budget Do you really need what is in all those bags? Likely not! James Graham Prusa
Managing Costs on a Budget Fertility Costs? Ask a good F&B manager for help ! James Graham Prusa
Managing Costs on a Budget James Graham Prusa
Managing Costs on a Budget James Graham Prusa
Managing Costs on a Budget James Graham Prusa
Managing Costs on a Budget Fertility Standards? Nitrogen (N) The most abused, misunderstood and most greatly needed nutrient element. What are you paying for a gram of N? What are your N Pour Costs? James Graham Prusa
Managing Costs on a Budget Golf Course Management Workshop by James Graham Prusa James Graham Prusa