prioritization
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.
Goff’s Approach: Picking Your Fights in Multifamily
Mastering the Art of Selective Engagement: Goff’s Advice for Multifamily Leaders
Photo by Javier Allegue Barros on Unsplash
Summary
Bob Goff is a masterful storyteller with many a message. His main message, “I need to pick the fight myself,” underlines the need for business leaders to actively choose their battles, taking control and deciding which issues to address and which to let slide for efficient management and better results.
Problem
The multifamily business often involves issues arising simultaneously, ranging from owner’s needs to resident complaints and maintenance issues to team remember concerns. It can feel like constant firefighting, leaving leaders and managers overwhelmed and exhausted. Reactively addressing every single problem as it arises, without discrimination, often leads to poor prioritization, resource misallocation, and ultimately a decline in service quality.
Solutions
- Goff’s “picking the fight myself” philosophy encourages leaders and managers to embrace a more proactive stance. Property managers can optimize resources and ensure effective problem resolution by identifying and addressing critical issues before they escalate. You can do this through simulation and scenario planning.
- This approach allows for better prioritization. Not every problem demands immediate attention. Managers can allocate their time and resources more efficiently by determining the most pressing issues.
- With this mindset, managers can better preserve their energy and attention for tasks that truly matter. This results in improved resident satisfaction, as well-managed properties tend to have happier residents.
- Finally, a proactive approach can lead to a more positive work environment. Rather than constantly reactive, managers who feel in control report higher job satisfaction, engagement, and reduced stress levels.
Enhancing Leadership Focus: Strategies for Multifamily Property Managers
Overcoming Distractions and Cultivating Effective Leadership in Multifamily Property Management
Photo by Dylan Gillis on Unsplash
Multifamily property management leadership requires navigating a myriad of responsibilities while staying focused and productive. In a dynamic industry like the Multifamily Space, distractions can easily derail your progress and hinder effective leadership.
Let’s unpack the common challenges multifamily property managers face and offer strategies to overcome distractions, enhance focus, and cultivate successful leadership.
By implementing these time-tested solutions, property managers can improve decision-making, foster team productivity, and drive positive outcomes in their multifamily communities.
Throughout the day, multifamily property managers often juggle leasing/sales, resident relations, property maintenance, financial management, and team coordination.
These demanding responsibilities, coupled with the insanely-paced nature of the industry, create an environment prone to distractions.
From constant DMs, text messages, Teams messages, emails and from time to time dreaded phone calls to unexpected emergencies, property managers struggle to maintain focus and prioritize critical tasks.
Distractions can hinder efficiency, decrease productivity, and personal moral and even impact resident experience.
Solutions
- Streamline Communication Channels: Implementing streamlined communication tools and strategies can minimize interruptions and provide structured interaction channels with team members, residents, and stakeholders. This fosters better time management, enabling property managers to allocate focused blocks of time for essential tasks. Find an app that pulls all types of messages into one stream of communication.
- Prioritize and Delegate: Effective prioritization is crucial for multitasking property managers. By identifying key priorities and delegating non-essential tasks to capable team members, leaders can free up valuable time and maintain focus on strategic initiatives that drive long-term success. If everything is a priority, nothing is a priority.
- Time Blocking and Single-Tasking: This is my personal favorite! Adopting time-blocking techniques helps property managers allocate specific time slots for different tasks, reducing the temptation to multitask. Single-tasking allows leaders to concentrate fully on one task at a time, improving focus, efficiency, and the quality of outcomes. While I’m not an advocate for closing your door to incoming traffic, you need to block your calendar for focus work.
