Condo Media - January 2019 - 23
GOVERNANCE
Education and commitment are the hallmarks of effective board members, who:
● Understand their role and take seriously their "fiduciary obligation" to
act in the interests of the association
as a whole.
● Have read the board's governing documents. Too many board members
have not, according to John Kadim,
MBA, CMCA, AMS, PCAM, a portfolio manager at Thayer & Associates
Inc., AMO, who says he is "happy if
board members just know where to
find them."
● Join the board for the right reasons-
because they want to make a positive
difference in the community, not,
Kadim says, "because they have an
axe to grind." "They remove personal
opinions from the decision-making
process," Alexis adds.
● Understand the scope and limits of
the board's authority. They know
what they can do, what they can't do,
and what they shouldn't do. "They
don't act [unilaterally]," Alexis says.
"They understand that they are one
member of the board-not a board
of one."
● Encourage owners to volunteer and
make the recruitment of volunteers
a priority. They make good use of
"ad hoc" committees, Alexis says.
● View litigation as a last resort,
not a knee-jerk response to conflicts.
● Enforce rules consistently and
even-handedly.
● Are thoughtful, selective, and
restrained in drafting rules, making
sure they address real problems,
are no more intrusive or restrictive
than necessary, and match the community's needs and its personality.
● Foster a positive relationship with
owners. "They don't react defensively
when owners ask questions, demand
information, or make suggestions,"
Moriarty says. "They understand that
it's not us against them-it's 'we're all
in this together.' That attitude eliminates a lot of problems," he notes,
"and it will create the best results for
the community."
● Hold efficient board meetings.
This means, among other things,
that board members prepare for the
meetings, follow an agenda, have substantive discussions, and begin and
end their meetings on time.
● Are discreet. They understand the
difference between information that
should be shared openly with members, and information, such as advice
from the association's attorney,
that should remain confidential.
● Get along with each other. "They express their own views, but they also
listen respectfully to the opinions
of others," Kadim says.
● Understand that their "duty of
loyalty" to the association requires
them to accept and support board
decisions, even if they don't agree
with them. "They don't badmouth
decisions the board has made,"
Kadim says.
January 2019 CONDOMEDIA
23
Condo Media - January 2019
Table of Contents for the Digital Edition of Condo Media - January 2019
Contents
Condo Media - January 2019 - Intro
Condo Media - January 2019 - Cover1
Condo Media - January 2019 - Cover2
Condo Media - January 2019 - Contents
Condo Media - January 2019 - 2
Condo Media - January 2019 - 3
Condo Media - January 2019 - 4
Condo Media - January 2019 - 5
Condo Media - January 2019 - 6
Condo Media - January 2019 - 7
Condo Media - January 2019 - 8
Condo Media - January 2019 - 9
Condo Media - January 2019 - 10
Condo Media - January 2019 - 11
Condo Media - January 2019 - 12
Condo Media - January 2019 - 13
Condo Media - January 2019 - 14
Condo Media - January 2019 - 15
Condo Media - January 2019 - 16
Condo Media - January 2019 - 17
Condo Media - January 2019 - 18
Condo Media - January 2019 - 19
Condo Media - January 2019 - 20
Condo Media - January 2019 - 21
Condo Media - January 2019 - 22
Condo Media - January 2019 - 23
Condo Media - January 2019 - 24
Condo Media - January 2019 - 25
Condo Media - January 2019 - 26
Condo Media - January 2019 - 27
Condo Media - January 2019 - 28
Condo Media - January 2019 - 29
Condo Media - January 2019 - 30
Condo Media - January 2019 - 31
Condo Media - January 2019 - 32
Condo Media - January 2019 - 33
Condo Media - January 2019 - 34
Condo Media - January 2019 - 35
Condo Media - January 2019 - 36
Condo Media - January 2019 - 37
Condo Media - January 2019 - 38
Condo Media - January 2019 - 39
Condo Media - January 2019 - 40
Condo Media - January 2019 - 41
Condo Media - January 2019 - 42
Condo Media - January 2019 - 43
Condo Media - January 2019 - 44
Condo Media - January 2019 - 45
Condo Media - January 2019 - 46
Condo Media - January 2019 - 47
Condo Media - January 2019 - 48
Condo Media - January 2019 - 49
Condo Media - January 2019 - 50
Condo Media - January 2019 - 51
Condo Media - January 2019 - 52
Condo Media - January 2019 - 53
Condo Media - January 2019 - 54
Condo Media - January 2019 - 55
Condo Media - January 2019 - 56
Condo Media - January 2019 - Cover3
Condo Media - January 2019 - Cover4
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