accountability
Deadlines: The Fuel for Achievement
Want to 10x your productivity and impact? Use deadlines.
Nothing sparks action like a looming deadline.
Deadlines are the difference between ideas sitting idle and results happening.
Deadlines act like a superpower.
They are pragmatic.
Celebrate and embed them in your leadership and management style.
They are obvious tools.
They force prioritization.
Deadlines inject intensity and urgency.
They turn pretty good into- shipped.
Deadlines don’t allow for procrastination, perfectionism, or excessive caution.
They demand doing over delaying, action over assessment.
They compel completion.
Deadlines are the forcing function.
Impose deadlines and wield them wisely.
Not every task needs a hard stop.
But for your highest priorities, most important projects – put a stake in the ground.
Then lean into that deadline as your career depends on it.
Because, in many ways, it does.
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Defining Centralization in Multifamily
Key Points
- Centralization concentrates decision-making authority in a small group at the top, aligning decisions with strategy but limiting autonomy.
- Decentralization pushes decision-making power down to lower levels closer to operations, aiming to increase flexibility, employee engagement, and ownership.
- The industry’s approach has shifted, moving away from the previously embraced decentralization model. But why?
The Oxford English Dictionary defines centralization as follows:
cen·tral·i·zation
/ˌsentrələˈzāSH(ə)n,ˌsentrəˌlīˈzāSH(ə)n/
noun
the concentration of control of an activity or organization under a single authority.
“the centralization of all financial power in the hands of its leaders”
All right, humans, let’s talk about centralization in property management companies! I’ve mainly remained on the sidelines for this debate but have decided to get in the game – at least as it relates to defining the terms. Let’s call it what it is – centralization is the concentration of decision-making authority.
I’m not here to judge if that’s good or bad!
But centralization is not ultimately about efficiency; it’s about decisions a small group makes under the guise of efficiency!
But wait, there’s a method to this madness. Centralization ensures decision-making aligns closely with the company’s short and long-term strategic objectives. It offers consistent decisions, streamlined processes, and a united management front.
This is crucial for property management companies that need tight control and coordination. It makes for a well-oiled machine.
Full disclosure: I’ve long been on the side that thought limiting the number of people who input data is necessary to produce clean data. It’s the linchpin of efficiency and effectiveness.
It’s what makes everything work better – the humans and the processes they are responsible for executing.
So let’s embrace centralization, we say!
It’s a powerful tool; when used correctly, it will make your life easier.
Let’s make it happen!
Except that…
..we can’t fully appreciate centralization without the Oxford English Dictionary’s definitions of decentralization:
Imagine this: two decades ago, our industry embraced the radical idea of empowering property, regional, and shared service managers to make decisions directly impacting their operations or departments! Decentralization was the name of the game! It was all about distributing that decision-making power across the lower levels of your property management empire, bringing it closer to the customer!
Why? Because we believe in facilitating faster decision-making processes and increased flexibility! We espoused mantras like “delight the customer,” “do the right thing,” “think like an owner,” and “take educated risks!”
The Thesis
Allowing team members to directly influence outcomes and a sense of ownership over their work can lead to a more engaged workforce.
By dispersing that authority and decision-making power throughout the organization, lower-level managers and employees can adapt more quickly to the market, customer needs, and operational challenges! Their proximity to customers and front-line operations enables more informed and context-specific decisions! This is the way! Decentralize, empower, and watch your business soar!
Get ready to be blown away by the decentralization revolution! The thesis didn’t stop there, oh no! It embraced the radical idea that decentralization can foster a sense of accountability and responsibility among team members, as they’re entrusted with decision-making capabilities!
But wait, there’s more! We believe autonomy could increase motivation, engagement, and a more substantial commitment! Can you feel the energy radiating from these ideas?
Imagine a workplace where team members feel their contributions are valued and their voices are heard! A more positive and collaborative work environment can be cultivated, like a lush garden of empowerment and growth!
We said things like; this is the path – decentralize, empower, and watch as we soar like eagles, riding the thermals of accountability and responsibility!
Let’s get pumped and make it happen!
But For…
..coming back next week to get the rest of the story!
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The Art of Accountability: Why Embracing Responsibility Trumps Legal Defenses
We tend to make mistakes in life, and our inner lawyer immediately jumps into action, ready to defend at all costs.
But what if the script were flipped?
Taking responsibility might be the powerful act you hadn’t considered.
Imagine a world where ‘I’m sorry’ replaces ‘It wasn’t my fault.’
Here, relationships deepen, trust builds, and integrity blooms.
"When you own your mistakes, you own your success too." Click To TweetIn this embrace of accountability, we find not weakness but a hidden strength that leads to progress and respect.
Being accountable is a life choice, where every chapter, even those filled with errors, is penned with courage and honesty.
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Trust But Verify: The Strategy for Personal and Professional Growth
I’ve always believed in the wisdom of “trust but verify.”
It’s a principle that resonates deeply.
Trust is the foundation of any strong relationship, personal or professional.
Yet, verification is the key to maintaining that trust over time.
Embedded in this philosophy is transparency and accountability.
It’s a powerful tool for navigating life.
Verification doesn’t mean doubt; it signifies prudence.
"Trust is given, verify ensures its preservation." -Mike Brewer Click To TweetExercise the principle in every area of your life, from vetting news sources to evaluating promises made by those around you.
In a digital age, applying this principle becomes even more critical.
Trust but verify is a mindset that empowers us to build stronger, more resilient connections.
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Unlock the Power of Self-Management for Success in Life and Business
I’ve always believed self-management is the cornerstone of success in life and business. It’s a skill that changes ordinary humans into extraordinary achievers. Imagine mastering this art and directing your destiny towards your desired aim.
Self-management is about controlling yourself to realize your potential.
It’s about discipline.
Self-discipline can lead to significant changes in outcomes.
It helps clarify your goals, prioritize the tasks related to those goals, and maintain focus amidst distractions.
In business, it can lead to better decision-making, increased productivity, and a culture of accountability.
But how do you cultivate this indispensable skill?
Start with understanding your strengths and weaknesses.
Leverage your strengths to your advantage and work on mitigating your weaknesses.
Discipline, consistency, and adaptability are your best allies.
"Self-management is the secret sauce to achieving greatness in life and business. Master it, and you master your destiny." – Mike Brewer Click To Tweet