Strata Management

The First 100 days: what's your plan?

2 minutes
November 11, 2024

A plan for the first 100 days of any new administration has become a feature of modern elections. It suggests optimism and conveys readiness to affect change.

Changing government is a big deal. So is changing strata managers. It requires a leap of faith.

Political parties produce plans and policies to encourage voters to take the leap. Changing strata managers deserve a first 100-day plan.

Your plan need not involve any more work than you already do when taking on a new strata scheme. Your plan is about making your existing work visible.

You check the bank account balance matches the accounts. You load information into your software. You diarise essential dates so you will attend to important deadlines. You identify any compliance shortcomings and gaps. You check the credentials and qualifications of new suppliers. You set the meetings for the year. You explain the committees’ roles and responsibilities. You tell them how you go about your work.

These things you do for a new client in the first weeks are the ingredients of your recipe for their success. A good recipe lists the ingredients, the method of combining them, and a photo of the result. By reading the recipe, you can judge the time and skills you need to produce the goods. You may then try it yourself, or you may leave it to the experts and pay the asking price.

Your first 100-day plan is your recipe for your new client’s success. Your new business proposal is (or should be) the picture you paint of the finished product.

Let us know if we can help you create your signature ‘first 100-day plan’ and paint a better picture of your real value. 

Michael Teys advises strata management businesses on improving profitability through professionalisation and streamlined operating systems.
He has more than 30 years’ experience as a strata lawyer and academic and has owned 11 strata management agencies throughout Australia. He has a Master of Philosophy (Built Environment) and Bachelor of Laws. He lectures and writes widely about strata management issues in Australia and internationally.