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The Equalizing Power of Golf and Lessons for Business Growth


The Equalizing Power of Golf and Lessons for Business Growth

In golf, players of all skill levels form teams or play each other. For this reason, a variety of numerical methods have been developed to represent each player’s skill level, past successes and standing compared to other players. For golfers, one of the most important numbers is their handicap index, which is calculated based on the United States Golf Association (USGA) handicap system. This number is meant to equalize competition by accommodating historical experience in a formula. If corporations used the same philosophy in their evaluation of suppliers, MWBEs would compete for business in a world where they have equal access, get full credit for success to date and are able to enjoy continued success in the future based on potential ability.

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Tags: Golf,