July 2025

BASKETBALL... from page 26.

munity management. The Monmouth basketball team consisted of student athletes from different parts of the country and world. They came from various backgrounds, cultures, and socio-economic backgrounds, and my primary responsibility was to bring them together for one common goal — to WIN. A common interest community (CIC) comprises a board of volunteer home owners from different parts of the country or the world. They all have different backgrounds, cultures, and socio-economic backgrounds. They all have other careers, work, and life experiences, and our primary respon sibility is to partner and advise the board to make decisions based on what is best for the entire community, not what is best for their individual interest. Lessons Learned in Both Capacities Reflecting on my experiences in both roles, several lessons have been learned, but understanding the true meaning of TEAM is really the essence of success for both sports and communities. Building a Support System A strong support system is invalu able. In sports, this includes assis tant coaches, medical staff, sports information, former players, alumni, and mentors. Community management encompasses board members, a wide range of vendors, other volunteers, and homeowners. The management team, which often includes an individual manager, consists of support systems

At Felsen Insurance Services, one size DOESN’T fit all. Using our experience and expertise we work with your property manager and board to design an insurance program based upon your community needs.

We canvas the marketplace to find the insurance company that fits YOU best .

Felsen Insurance Services, Inc. 3155 Route 10 Suite 103 Denville, NJ 07834

(973) 361-1901 www.felsen.com

CAI-NJ advises that for training, marketing or other purposes, all events may be recorded, video taped and/or photographed. By attending a CAI NJ event, the registrant(s) consents to the use of

his/her image by CAI-NJ and agrees to waive any claim for the use of his/her image, including without limitation, the appropriation of his/her image for com mercial purposes or the invasion of his or her privacy.

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JULY 2025