What makes a business, a Club, or even a CPA firm successful?
Jim Collins, in his publication Good To Great, presented the "Hedgehog Concept". At the intersection of three circles, any organization moves from "Good" to "Great".
When an organization has identified its Hedgehog Concept, its leaders should devote all their energy and resources to pursuing the one thing it does best. Collins argues that when the going gets tough, it's the organizations that focus on what they're good at, rather than searching for alternative strategies, that survive and thrive.
What is Mitch's PASSION?
- Tax law during the day and golf after work, along with his faith and family intermixed. (Mitch has been married to his high school sweetheart, Ginger, for over 46 years, and his two daughters, Amanda and Jessica, work with him in the business.)
What drives Mitch's ECONOMIC ENGINE?
- Tax consulting, writing books, articles and speaking on Club specific issues.
What can Mitch be BEST IN THE WORLD?
- Now this can be debated, but Golf Inc., in their May/June 2016 issue wrote an article on "Golf's Top Consultants", stating "These ten experts are the most recommended in the industry." Mitchell Stump, CPA and his associate Paul Mueller of Club Capital Planners, were identified as two of the top 10. Not bad!
Would Private Clubs be wise to adopt the Hedgehog Concept?