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November 29, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Board Development as a Team
In developing the Board as an effective team, I draw your attention to the Tuckman Team Development Model, also known as the Forming-Storming-Norming-Performing model, that was proposed by psychologist Bruce Tuckman in 1965. The model describes the stages that teams go through as they develop and mature.
October 30, 2023 - Blog Post
Author: Michael Kennedy and Dan Campbell
Author: Michael Kennedy and Dan Campbell
Condominium Boards and Due Diligence
After we published the blog on the qualities and attributes of an effective board director, a question was raised about due diligence. It’s a good question and worthy of an answer, so here is a blog on due diligence.
October 14, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Qualities and Attributes of an Effective Board Director
In a past blog we talked about the responsibilities of the Board but in this blog we take a look at what makes an effective director. A good Condominium Board Director plays a crucial role in the effective governance and management of a condominium community.
October 1, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Answers to questions on condo fees
We received two questions on condo fees regarding limits and appeals to the setting of fees. Read further for the answers.
September 24, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Setting Condo Fees
It is getting to that time of year where Boards need to prepare next year’s budget and set the corresponding condo fees from that . Setting these fees involves a careful consideration of various factors to ensure that the fees adequately cover the costs of maintaining and managing the condominium.
September 9, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Understanding Condominium Corporation Budgets
An effective condominium corporation budget is essential for managing the financial health and operations of the community. It helps ensure that the corporation can meet its obligations, fund necessary maintenance and repairs, and plan for the future.
August 28, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Dealing with Interpersonal Conflict
Dealing with interpersonal conflict can be challenging, but it is an essential skill for maintaining healthy relationships, whether they are personal or professional. There are some steps you can take to effectively manage and resolve interpersonal conflicts.
August 21, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
The Biggest Challenges in Managing a Condominium Corporation
So you are either thinking of, or have volunteered to be, a condo Board Director or perhaps get involved in condo property management. Good for you and good luck. Managing a condominium corporation can be a rewarding experience but it comes with its share of challenges.