Synopsis
Self-Management: A Guide for the Small Community Association Second Edition
The resource written specifically to help volunteer boards of small community associations govern and manage. The 2nd edition has new information covering . . .
The unique role of the self-managing board
Insurance
Financial management
Meetings
Communications
Reserves
Taking over from the developer
Maintenance
Also new in the 2nd edition . . .
An annotated list of related resources by chapter topic
An appendix containing more than a dozen sample documents
Self-Management also contains chapters on . . .
Association governing documents
Drafting and enforcing rules
Working with professionals
Public policy & federal regulations
Presented in a friendly and easy-to-read format.
"synopsis" may belong to another edition of this title.
Excerpt. © Reprinted by permission. All rights reserved.
Introduction
Community associations are unique entities part corporate business, part government municipality, part social club. Governing and managing these hybrids is no small challenge even in the smallest of associations. Most community associations assign the policy setting to an elected board and assign the management of day-to-day operations to a professional manager. For a few associations, however, these differing functions are combined in one extraordinary group of dedicated people the self-managing board. These are highly committed individuals who make countless sacrifices on behalf of their communities, and it was for them that Self Management: A Guide for the Small Association was first written.
Whether you re self managing a condominium, cooperative, homeowner association, or other mandatory-membership community association, this guide is intended to help you fill the dual roles of governance and management without the benefit of professional management services.
The second edition of Self Management has been significantly expanded to include additional information on nearly every topic covered in the first edition. Nevertheless, it is, as the name states, a guide. It doesn t attempt to be a comprehensive treatise on all aspects of a self manager s responsibility, but it does contain enough basic information to get you started in the right direction. If this guide makes you aware of the nature and scope of your responsibility, if it helps you avoid problems, if it makes your job just a little less formidable, it will have accomplished its purpose.
As in so many endeavors, education will be a key ingredient in your success as a self manager. Reading this book is a good first step. At the end of each chapter you ll find information about related resources that will continue your education. Many of the recommended resources are GAP Reports Guides for Association Practitioners. That s what self managers are association practitioners. As this second edition of Self Management goes to press, there are 28 titles in the GAP series, and more are planned for the future. Possibly one of the best and most comprehensive guides to self managing an association would be a complete set of these reports.
Community Associations Institute (CAI) also provides other educational resources for those who are self managing their community associations, and you ll find more information about CAI at the end this book.
The principles and information contained in Self Management are relevant to all community associations regardless of their size. Some small associations employ professional management services and some large associations function very successfully with volunteer managers. Regardless of your situation, this guide will be extremely useful.
Numerous experts in all areas of community association management contributed their expertise to the content of this guide. It represents the combined wisdom of managers, accountants, attorneys, reserve specialists, engineers, insurance specialists, and parliamentarians all of whom are recognized leaders in the community associations industry. Their shared expertise will make your job a little easier and your experiences more enjoyable.
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Self-Management: A Guide for the Small Community Association
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