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Does your condo or homeowners associations plan of action?
At Inventive Property Management, when talk with many different customers of all types, and it is interesting when we ask people what their plan of action looks like.
Our next question is... How do you know where you are going without a map? In today's fast paced world things are often thrown together and done so quickly, that very often a plan is not put into place for the short, medium and longer term.
It is very well known that when you set personal goals for yourself, then you are more likely to strive for and achieve those goals. You also see this in business, with employees, sports and most any other part of life.
Action plans can be very good thing, especially when you keep in mind that they are not set in stone, but simply used as a guide to help the association navigate towards certain goals they want to achieve.
By putting a plan down on paper for different time frames, you and the association are putting a commitment to improving towards a final product, and also offering a sense of ownership in that goal.
These types of plans do not have to be drawn out too long, and templates can be found for action plans to use in programs such as microsoft word. By spending a little time on a plan of action, maybe you can cut down on the length of meetings, or even be allowed to have less meetings.
It all comes down to organization and picking a direction in which you are heading. Typical plans would start with short term goals of one year, medium term goals of three years and longer goals looking five years or more into the future. History shows these types of plans work, so think about implementing something like this into your association or asset.