What Makes a Condo Board Effective and Successful?

Being a member of the Board takes commitment. How does the Board stack up when it comes to these top six behaviours of effective Condo Boards?

  1. STAYING FOCUSED ON A SHARED VISION – A Condo Board that focuses on the “best interest of the corporation” is one that puts the corporation first in the context of decision making.
  2. FACILITATING MEANINGFUL COMMUNICATION – Respecting fellow Board members allows for intelligent and critical dialogue. A well run Board adheres to a strict Code of Ethics.
  3. RELYING ON PROFESSIONAL OPINIONS – A strong Board will know when outside expertise is needed. Sometimes, it’s outside information that aides in effective decision making.
  4. COMMITTING TO TRANSPARENCY – Information sessions, newsletters, and a meaningful AGM are just a few ways that the Board can clearly convey information to Unit Owners.
  5. STAYING INFORMED – Before every meeting, Board members should receive a detailed package with relevant information on each item that will require a decision or vote.
  6. PROTECTING THE CORPORATION – Effective Boards know The Declaration and The Rules for their Condo Corp., and ensure that everyone adheres to them.


There are no comments

Thank you! Your comment has been submitted and is awaiting approval.

Randy Ramadhin

Randy Ramadhin

CENTURY 21 People's Choice Realty Inc., Brokerage*
Contact Me

Blog Archives