Sun.Aug 13, 2023

article thumbnail

Does Your Leadership Style Need a Change?

Associations Now

Research shows that a CEO’s personality trickles down through an organization. Whether that personality helps address an association’s goals is another matter. A report on some new leadership research out of the Stanford Graduate School of Business ends on a sobering note. “Even though CEOs are aware of culture,” Stanford GSB professor Charles O’Reilly says, “the vast majority of them are not particularly good at managing culture.

article thumbnail

Association Borrowing Questioned

Florida Condo & HOA Law Blog

Q: The board of directors of my condominium association has been discussing taking out a loan to pay for major repairs to our condominium building. To my knowledge, our association has never borrowed money before. It seems to me that for such a serious undertaking, a vote of our owners should be required. Is a loan by the association a mortgage on my unit?

Florida 79