CAI-NJ February 2021

BOARD RESPONSIBILITIES... from page 18.

Service is our specialty ; protecting you is our mission ® Leadership and innovation in community association insurance With JGS, you get the benefit of our extensive experience in community association insurance. We work with the nation’s top insurers to design competitive programs that address your needs. Let us show you your options.

project, it should be clearly defined to the manager, and the manager kicks off the project. This may mean contacting vendors, creating an RFP, and soliciting bids. During the entire process, the manager needs to keep the board up to speed with any updates. Once all the legwork is completed, the manager presents the findings to the board and the board decides on a direction. Where con- fusion comes into play is when a board or committee member takes it

“One major emphasis during the first month of a new board should be dedicated to establishing roles and defining responsibilities.”

upon her/himself to get involved in the project without the knowledge or consent of the board. This is a recipe for disaster and the start of creating a failed operation. One major emphasis during the first month of a new board should be dedicated to establishing roles and defining responsibilities. This will elim- inate a lot of confusion and will get your community, your management team and all your volunteers off on the right foot. Committees can be a great tool in creating unity within your community. Every committee should have a charter and a mission statement that lays out

Property | General Liability | Umbrella | Workers Comp Directors and O cers | Environmental Liability | Flood Equipment Breakdown | Automobile | Professional Insurance To learn more call 877.547.4671 or visit jgsinsurance.com

Proud members of

20

F E B R U A R Y , 2 0 2 1