This week in Community Association Management was all about the Board. These humble elected homeowners are responsible for making all the decisions to govern the community association. That's a tall order for simple volunteer. But never fear! This week's Mashup is packed with a ton of advice to help them out with whatever challenge they might be facing.
Whether it's soothing homeowner misconceptions, opening up the community to a film crew, eliminating an amenity, or dealing with a conflict of interest, we've got great advice this week! Woah! That's too much to choose from, you might say! We can help you recover from decision paralysis too, and even offer an alternative governance guideline to help make it easier to make the hard decisions. It's all here this week in Community Association Management!
As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and please share it too!
Dispelling HOA Misconceptions
There are so many myths out there regarding the actual responsibilities of HOA’s. What do they do? What are HOA’s responsible for? What are they NOT responsible for? Check out this great article for a brief list of HOA misconceptions as well as some myth busting.
Filming in Your Association
Have you considered or been approached to have your community be used for a film location? It's a great way to supplement the community's funds, and it's enabled many buildings to keep maintenance costs low for owners. But opening your community can also be more complicated than you might think. Here's some things to consider and look for when inviting film crews into your community.
“Boards are notorious for experiencing decision paralysis. This seeming inability to make a decision on even simple issues causes agenda items from meetings to show up month after month without being resolved. Simple decisions can be discussed to death, buried, resurrected and discussed to death again.”
Speaking of decision paralysis, here's a clever method to help struggling boards get things done. "If your board of directors struggles with developing a plan for their community and spends more time focusing on how things get done rather than generating results, then the policy governance model may be for you."
Getting Rid of a Common Amenity
Has the community pool seen better days? Thinking it is more work to maintain it that it is actually worth? It may be time to consider getting rid of it all together, but what it the proper approach to doing so? Check out this article to make sure you are taking the right steps to ensure an almost painless process.
Conflicts of Interest
"While it’s easy to forget, an HOA is a business. Like in all businesses, the people with the power (particularly the board members) can develop conflicts of interest, which can devastate the community. Check out these three questions that can help you understand and avoid conflicts of interest within your HOA."
Changing Culture, Keeping Values
“Culture is organic, dynamic, living, evolving and just like anything else that is alive it is constantly growing, changing and morphing. Every new employee changes the culture. Every iteration of the org structure changes the culture. Every new business process changes the culture. Culture should always change but Values should not. Your corporate values should remain constant because they describe ‘who you are’ and what you hold dear. The culture is an ever-evolving manifestation of your values given the current environment.” Read more here!
*Image credit: Pixabay user Skitterphoto