TAKE OnE lOOK AT THE sUccEssfUl sPORTs TEAms in OUR
sPORTs-cRAzEd sOciETY And YOU’ll find ExAmPlEs Of
lEAdERsHiP, mOTivATiOn And TEAmwORK AbOUnd. Just as we
look to these teams and star players for entertainment, we should look to
them for inspiration as we manage our own property management
teams, particularly during this economic downturn.
Real estate management has become increasingly challenging in our current fiscal
environment, especially for those
property managers who are
Now, more than ever, it is imperative that
managers focus on outstanding leadership that motivates
staff and encourages teamwork so real estate management
companies can achieve success despite the downturn.
AYE AYE, CAPTAIN
As managers or supervisors become increasingly pressured to deliver occupancy rates or reach market rents, it is important staff act as teammates, each
playing an integral part in the team’s success.
Just as in sports, a company’s team is headed by a captain—one who is
either selected by upper management or nominated by peers to lead his or
her teammates. Consider the asset manager or supervisor the team leader by
To truly uphold and exude the elements of a leader, one must possess the
ability to rally and support one’s teammates to work toward a common goal.
The captain should be able to effectively empower and motivate teammates so
they can work through difficulties to achieve success. Successful captains will
effectively motivate their teammates to work with them, as opposed to against
them, in an effort to achieve their goals.
Look at the great sports teams: the New York Yankees, the Los Angeles Lakers
or the New England Patriots. In Derek Jeter, Kobe Bryant and Tom Brady,
respectively, each team has a captain who plays a pivotal part in his team’s
success. While other teammates are
important, the captain leads the team
to victory when the pressure is on.
COMMUNICATION IS AN ASSET
Part of being a good team captain
is being a good communicator. The
foundation of any championship
team is communication. A team
of talented athletes will fail miserably if they don’t communicate what
plays they’re running, where they’re
throwing the ball, or how they intend
to blow by their opponent. They will
only get in one another’s way.