TEAM ABHAY
What DRIVES Us:
We aspire to be recognized as a world class golf course with contemporary supporting club facilities. We will make a difference to the game and society through our conduct, responsible members and innovative approach to club operations.
Value Pillars
The Value pillars of RCGC guide the way it acts and takes decisions. RCGC respects its members, their opinions and traditions. It is accountable, ensures transparency and integrity in its operations to build a sustainable future. It values its members and strives to ensure their safety as also of its employees and guests. As a responsible Golf & Bowls club it respects environment norms and values harmony with neighbours surrounding its establishment.
PUTTing things in Perspective….
We have already circulated our agenda earlier and are now sending this communication to clarify some queries that have come our way. We are also expressing our views on some claims which have been mentioned in various communication to members. Finally, we wish to share some observations with members.
It is important that all of us spend some time reflecting on issues concerning our beloved club. Beyond the window-dressing and perception of things being all right, there is a grim reality which can be seen only once we pay attention to the fine print and analyse facts, figures and data.
The members of this club have a collective responsibility to elect the best team and give them a clear mandate to ensure that this institution regains and retains its pre-eminent place as a premier Golf & Bowls Club.
The BOGEYs being floated around…
Reality: The figures in the balance sheet tell a different (and dismal) story!!
THERE IS AN OPERATING LOSS IN THE CLUB.
(Figures in Rs Cr)
| 2019 | 2018 |
Surplus for the Year | 2.70 | 2.59 |
Less: Sponsorship Income* | 3.28 | 2.17 |
Nett Operating Profit/Loss | -0.58 | +0.42 |
|
|
|
New Members Taken | 103 | 64 |
*Sponsorship income includes a major part of the fees taken in from new members. The above figures show clearly that, contrary to the claims you are hearing, there is a loss in the operations of the club. This loss is being covered by taking in more and more members rather than employing other measures to increase profitability or reduce unnecessary costs.
Reality - Actual figures, after bifurcation of food and beverages, show that the revenue from Food alone has increased by only 2.4% (Rs. 3.43 cr from Rs. 3.35 cr – only Rs 8 lakhs), which does not even cover inflation.
As is evident from the above, these bogeys are a result of Duff Shots!! The need of the hour is to evolve a model by which there is a sustainable revenue stream, through prudent finance management including debtor & creditor control, making the club economically viable for years to come – we need more than Hackers to make that happen!!
Are we on the FAIRWAY ?
Our PITCH:
To serve the interest of members, the golf course and our club! Whatever we set out to do will be done as per the laid down rules of the club with the clear objective of maintaining the rich legacy and ethos of the club. We have already affirmed our commitment to the democratic process and to transparency in our earlier circulated agenda. However, to dispel any doubts we reiterate the following agenda items that are attracting some need for clarification:
We reiterate our major focus area will be GOLF
Royal’s enviable culture has to be preserved. An organisation needs to evolve with renewed vigour and fresh ideas to remain relevant, in the changing environment.
Ladies and Gentlemen – we now lob the ball to you with the confidence that you will make a conscious decision to pick the team which you believe will set things right and ensure the long-term survival and growth of our club.
With our warmest Regards,
Team Abhay
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