Questions and Answers
What is Lifetime Fitness's mission?
To provide an entertaining, educational, friendly and inviting, functional and innovative experience of uncompromising quality that meets the health and fitness needs of the entire family.
What is the vision of Lifetime Fitness?
Create and lead the healthy way of life category, impacting more people and helping them live significantly healthier lives, investing in employees, growing revenue to $2.5 billion in the next 5-6 years, and becoming one of the most well-loved premium brands.
What is the promise of Lifetime Fitness?
To help individuals and organizations achieve Total Health Objectives, Fitness Goals, and Athletic Aspirations by providing the best places, best people, and best programs.
What is the Global Objective of Lifetime Fitness Group Fitness?
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What does KPI stand for in Lifetime Fitness context?
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Which of the following are characteristics of all Lifetime team members? (Select all that apply)
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What qualities do Lifetime leaders exhibit? (Select all that apply)
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Study Notes
Mission
- Aims to provide an entertaining, educational, and inviting experience that meets health and fitness needs for all family members.
- Focuses on uncompromising quality in services offered.
Vision
- Aspires to lead the healthy way of life category and impact broader audiences to live healthier lives.
- Plans to invest in employee growth, enhancing their value to families and communities while promoting company success.
- Targeting revenue growth to $2.5 billion within 5-6 years and establishing itself as a beloved premium brand.
Promise
- Identifies as "The Healthy Way of Life Company," committed to helping individuals and organizations achieve total health and fitness goals.
- Strives to provide the best facilities, personnel, and programs to positively impact lives daily.
Group Fitness Objective
- Seeks to establish top-tier group fitness, yoga, and cycling experiences that ensure members and instructors have compelling reasons to stay.
KPI's
- Sets performance indicators:
- 20% penetration rate
- Average class size goal of 10%
- Year-over-year growth target of 20%
- Cost per head set at 10%
- Net Promoter Score (NPS) goal of 20%
All Lifetime Team Members
- United in belief in the mission and vision.
- Pursue a Healthy Way of Life (HWOL).
- Focused on performance, embracing change, and expressing care.
Lifetime Leaders
- Emphasizes collaboration, communication, service, drive, and execution among leaders to achieve organizational goals.
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Description
Test your knowledge on the mission and vision of Lifetime Fitness. These flashcards will help you understand their core values and commitment to health and fitness. Perfect for anyone interested in fitness philosophy and organizational values.
