Best Condominium Management is all about – Communication
Communication is fundamental to any successful business operation and a condo corporation is no different. Communications between the board and the manager should be regular and should occur at least a weekly basis. Effective board and managers share their resources with one another in an open and honest manner. An example might be that a board will appraise a manager of a previous situation that will help the manager to learn from the boards past lessons. Another example could be a manager who freely shares information regarding best practices for the betterment of the community. Communities that have the greatest successes plan for their long-term future together. Communication between the Board and Management Smart Communication To have good communication the dialogue must be a two-way street. Objectives Smart boards and managers set themselves up for success by setting “SMART objectives.” A SMART objective setting can help to keep boards and managers focused on the many challenges ...