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Saturday, February 18, 2017

Golf and Business

-Steve

Many people believe that both golf and business go hand in hand and this for the most part is true. In a survey taken by 401 executives, almost half agreed that "the way a person plays golf is very similar to how he or she conducts business affairs." Also, while playing a round of golf with a business executive you are able to develop a better relationship with them. Negotiating on the golf course is a more casual setting that beats sitting in a conference room negotiating for hours. In fact, a third of these business executives found that some of their biggest deals came on the golf course.

Cody Plott, vice president of sales at Hyatt, says "In a short period of time, you can find out more about the integrity and focus of an individual than in any kind of interview setting." For example, if you see a business executive move the ball or not count one of his or her strokes you can infer two things. The first is that he is not trustworthy and has probably cheated at least once while executing a deal. The second is that he or she does not like a challenge and likes to chose the easy way out.

Overall, I believe, like most people, that golf and business definitely complement each other. We are able to learn about one's character while on the golf course and that a golf course is an excellent place to close a deal with a business partner while not being too laid back but also not overwhelmingly serious.

Sources:
Byrd, Veronica. "COMPANY NEWS: Study of Executives and Links; In Golf and Business, Similar  Strokes Seen." The New York Times. The New York Times, 12 July 1993. Web. 18 Feb. 2017.
Admin. "Business Lessons Learned On the Golf Course." Pervasive Marketing Company. N.p., 25 Dec. 2016. Web. 12 Apr. 2017.

4 comments:

  1. This post helped me realize how important it is that golf and business relate. You also showed your opinion well and showed how you view it. Golf is a slow paced sport and business you need to make smart decisions. Thank you for this blog.

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  3. After reading this article, it's clear how business and golf go hand in hand. Since I am a business major, I know I definitely want to learn how to play golf now. I knew golf was something most business men and women used when making deals but I never knew they used these tactics to determine someone's trustworthiness. Interesting post.

    Amos Ray

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