August 2024 CT

MANAGEMENT TRENDS... from page 50.

of legal or financial professionals specializing in HOA governance. They can provide impartial guidance on compliance issues, financial management, and conflict resolution strategies. 5. Board Restructuring: If internal conflicts persist despite efforts to resolve them, consider restructuring the board composition. Evaluate whether changes in leadership or membership dynamics could lead to improved deci sion-making and cohesion. 6. Community Engagement: Foster open communication and transparency with homeowners to build trust and accountability within the association. Encourage feed back, participation in meetings, and involvement in community initiatives. By addressing conflicts proactively and implementing effective strategies for resolution, HOAs can navigate dis agreements between management companies and associ ations successfully. Whether stemming from potential poor management practices or having an inexperienced board, prioritizing collaboration, communication, and mutual respect is key to fostering a harmonious and thriving community. n

Disagreements may stem from conflicting visions, lack of transparency, or failure to uphold fiduciary responsibilities. RESOLUTION STEPS: 1. Board Assessment: Conduct a thorough assessment of the current board’s strengths and weaknesses. Identify areas where additional training or support is needed to improve governance practices. 2. Education and Training: Invest in board education and training programs to enhance members’ understanding of their roles and responsibilities. Workshops, seminars, and online resources can provide valuable insights into HOA management best practices. 3. Facilitated Workshops: Organize facilitated workshops or retreats to foster collaboration and consensus-building among board members. Focus on establishing common goals, improving communication, and resolving conflicts constructively. 4. Engage Professionals: Consider enlisting the expertise

Your single-source contact for comprehensive project planning, design and execution.

 Construction Oversight  Reserves/Updates  Architectural Design  Structural & MEPF Design  Landscape Architecture  Surveying Services  Design Specifications  Grading & Drainage

Dave Kiessling, RCS, RS, ACI - dkiessling@psands.com | Jennifer Nevins, CMCA - jnevins@psands.com Warren . Wall . Cherry Hill . NYC . Yonkers . Woodbury . Doylestown . Raleigh . Houston www.psands.com

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AUGUST 2024