Multifamily Leadership: Reward the Doers

Execution and results are the name of the game in any and all business. Be it for profit or not for profit, getting things done that most positively effect the outcome is the chief aim. And, there are several ways to make sure your multifamily business is achieving results. There is the almighty stick and the ever enticing carrot. Threats and rewards. For the sake of this post and the continuation of this leadership series let us focus on reward.

Multifamily Doers

What is a doer? I heard a saying one time that went something like this; I would rather catch a tiger by the tail than have to light a fire under an elephant’s ass. It speaks loudly in the way of defining a doer. Doer’s get things done. They move mountains. They find ways that others never even dream about much less think about. They never let a day go by without making meaningful progress toward their goals and aspirations. And, doers get rewarded.

Three Suggestions

1. Measure what you expect and reward what you measure

2. Reward the doers far in excess of the status quo – exaggerated and excessively reward the doers

3. Promote those that get things done – quickly