Posted by netintegrity

How to Propel Your Property Management Business Forward

How_to_propel_your_property_management_business_forward
“A leader has the vision and conviction that a dream can be achieved. He inspires the power and energy to get it done.” — Ralph Lauren


In our previous posts we discussed why your property management business needs a vision and how to create a vision.

Once you have created a clear and inspiring vision for your organization, you need to act on it.


Share Your Vision

A vision should serve as a source of inspiration — not only for yourself, but for everyone around you. It should make your employees excited to show up for work each day and motivated to reach their maximum potential.

Present your vision to the team in a way that will engage and inspire them. As the saying goes “You only get one chance to make a first impression” — so be sure to have a strategy that makes this one as effective as possible. If you have any doubts at all about your ability to connect with and inspire others, you should pause here and do a bit of homework to fine-tune your skills. It will be well worth the time.

The Property Manager’s Guide to Creating a Corporate Vision has all the inspiration and tools you need to create an extraordinary vision for your property management business.

Pick Your Players

As you work your way towards making your vision a reality, you’ll want to surround yourself with people who share your core values. This applies not only to your employees, but customers and vendors as well. Like-minded people will work hard and make role-based decisions that drive the company further along the road to your vision — not just for you, but for themselves. The practice of hire for attitude train for skill definitely applies here. You may need to make some tough decisions along the way about letting go of people and processes that do not effectively contribute to your end game.

Live Your Vision

Even if you do not publicly communicate the vision for your property management company, it should be self-evident through your words and actions, as well as those of your team. So much so that customers, vendors and industry peers should be able to surmise what your vision is without ever being told. Act like the thing you want to become, and that is what you will become.

Be Rigid Yet Flexible

Once you have determined your vision, you will likely begin to develop a plan for how to make it happen. But as most of us know all too well, things don’t always go according to plan. Economic climates are almost certain to change; market trends are very likely to change as well; and you may encounter obstacles that you did not anticipate.

Your strategies may change with time and circumstances, but your commitment to the vision and the why that fuels your fire should be unwavering. Remember that there are many different paths to the same place and sometimes there are bumps in the road.

Be willing to adjust your course as needed and keep your eyes on the prize.
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The Property Manager’s Guide to Creating a Corporate Vision
has all the inspiration and tools you need to create an extraordinary vision for your property management business — all in one place.

 

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