Leaders in Asset Management Becoming a Property Manager of the Future

Leaders in Asset Management Topics Top 10 Critical Skills for Property Managers Developing Leadership Skills Identifying and Grooming Future Leaders

Leaders in Asset Management Introduction What is leadership? Why is it important? What does it mean to the property industry?

Leaders in Asset Management 4 Setting a Strategic Vision for Property Management 1.Align with your organization’s strategic objectives 2.Communicate your value upwards

Leaders in Asset Management 5 Embrace Rigorous and Disciplined Program Management 3.Translate strategic objectives into outcomes 4.Determine how you will measure success 5.Implement/refine processes to achieve outcomes 6.Continuously evaluate your progress and take corrective action as early as possible

Leaders in Asset Management 6 Establish Your Position Within the Organization 7.Build relationships with other business leaders 8.Build your brand (Get people excited about property)

Leaders in Asset Management 7 Leave Your Legacy 9.Take every opportunity to mentor and grow your staff 10.Demonstrate and instill leadership principles in future managers

Leaders in Asset Management 8 Building Leadership Skills There are many opportunities for developing our leadership skills:  Formal Training – Leadership Development – Project/Program Management – Communications – NPMA  On the Job Training  Mentor(s)  Leadership Resources

Leaders in Asset Management 9 Building Leadership Skills There are also opportunities to build and apply these skills within the industry  Chapter, Regional, National Leadership Positions  Committee /SIG Chairing  Seminar/Event Planning  Presentations, White Papers, Articles

Leaders in Asset Management 10 Attracting New Leaders Opportunities in Property Management must be apparent  Impact to the organization  Clear career paths and professional development  Transferrable skills  Ability to make a difference

Leaders in Asset Management 11 Equipping New Leaders for Success As current leaders, we must groom the next generation  Ensure access to leadership and management training  Provide opportunities to take on increasing levels of responsibility in organization and industry  Provide a robust and disciplined program management framework

Leaders in Asset Management 12 Questions?