Are you considering joining your community’s board but feeling unsure about where to begin? Look no further! In this blog post, we’ll explore key insights from a recent ACCU video outlining the essential steps to excel as a board member.
Step 1: Annual Plan Understanding
Understanding the annual plan is crucial. This document outlines board and management company expectations, providing a clear roadmap for responsibilities throughout the year.
Step 2: Familiarize Yourself with Governing Documents
While delving into governing documents may seem daunting, it’s vital. Knowing community covenants enables effective enforcement and informed decision-making.
Step 3: Prioritize Continuous Learning
Continued education is paramount. Resources like the Community Association Institute (CAI), management company programs, and law firms’ educational opportunities offer invaluable insights for board members.
Step 4: Provide Clear Guidance
Effective communication is essential. Board members must offer clear direction to community managers, ensuring efficient decision-making and task execution.
Step 5: Secure Adequate Funds
Before undertaking projects, ensure the community has sufficient funds. Obtaining estimates from contractors helps determine financial commitments and keeps projects on track.
In conclusion, embarking on the journey of board membership can be daunting, but with these essential steps, you’re equipped for success. Stay tuned for more educational content from ACCU! Check out our blog for a