It all gets very easy once you wean yourself from the Start menu, learn where all that stuff is on the Mac.
For rarely launched programs I don't even bother with the Applications folder (on Windows, Start, All Programs, on Mac always visible in Finder) or the Dock. For example, there's Disk Manager (on Windows, Start, Control Panel, Administrative Tools, Computer Management, Disk Management -- or right-click my computer to get to Computer Management). I just cmd-space, type "disk" in Spotlight and hit Enter to run the Disk Manager. Six quick keystrokes is faster than a bunch of mouse navigation and doesn't clutter your normally-run programs space with something you rarely use.
Exactly what I've been saying (well, assuming).
I do like shortcuts, although I would think that you'd want them for your most-used items, not your least used. That's exactly the type of thing I'd have no idea how to do outside of Windows.