BoardSpace Blog
Making board’s better: Best practices for new directors
This is a 3-part series about making board’s better. The series covers best practices in engagement, recruitment, onboarding and orientation of new directors. Part 1: Keeping your board interested: Top 4 ways to increase engagement In this blog post, Pat and...
Pot and Condos: Communicating out of a stink
What is the stink about pot? Pot certainly has a distinctive odour, but it’s not the smell that is causing a stink; it’s the legalization of it. Pot (or cannabis) is now legal in Canada, and where it has already been legalized in many US states, it has caused some...
A directors toolkit for renovation success
Originally published in Vol 32 #4 September 27, 2017 in Condo Business Magazine Given how much corporations are likely to invest in renovation projects, it’s important to set them up for success. Here’s advice to help directors do just that. The reserve fund study...
Characteristics of the Best Condo Property Manager in the World
I only want World-class Property Managers (WPM) to manage my condo. After working with many managers over the past ten years, I know first-hand that WPMs make my job as a condo board director much easier. What makes a WPM so amazing? I have found it often comes down...
How to make board meetings fun again
Meetings are NO fun because the meeting minutes are never ready before the meeting. Directors attend a lot of meetings; usually one meeting every month. Admins admins and property managers often attend many more than that. Read on to learn how to make board meetings...
Condo corporation facing a special assessment?
Originally published in Condo Business Magazine May/June 2017. Vol.32 #2 Making decisions as a condo director is part of the job. Financial decisions, especially those involving special assessments or fee increases, are tough. Making tough decisions will never be...
Keep Track of the Money: Finance and Condos
Finance and condos is a top-of-mind topic for every condo. Keeping track of the condo's money is hard to manage without good policies and procedures. This blog fills the gap on establishing good financial practices for the board of directors. Conduct a Monthly...
Five things new condo directors need to know now
Originally published on Friday, December 16, 2016 in Condo Business Magazine What do new condo directors need to know right away? Congratulations on getting elected to the condo board! Now the fun begins. For first-time directors, there is an overwhelming amount of...
How to be a successful condo board director
In a previous post, I provided a checklist of the best practices that successful boards can use. Successful boards are made up of successful directors. What makes a successful condo board director? Here are five characteristics I’ve noticed that are common to the...
How to Make Good Governance Policies for Condo Boards
Policies may not seem like an exciting topic, but they are crucial to the success of any condo board. I divide policies into three areas: Governance Financial Communications An earlier post described best practices in communication. In this post, I start with a...