Estate Living Magazine Issue 30 Smart Environments June 2018 | Page 9

Pecanwood is well and truly back and –
with its new look and redeveloped facilities, services and
infrastructure – offers a distinctive lifestyle"
Any deviation from this path will almost inevitably lead to a
compromise in the delivery standards that the estate has set
for itself and the neglect of management’s overriding duty of
care and good governance to all of the homeowners. However,
it is essential that this custodial role also allows the estate the
scope to develop, mature and evolve in response to changing
circumstances, and to the dynamic of the ever-developing needs
of residents.
‘Effective leadership is key at every stage of a business’s life,
but never more so than when it is restructuring, setting itself
new goals and implementing essential changes to achieve the
strategic goals that have been set by the Board of Directors,’
comments De Villiers Botha, Chairperson of the Pecanwood
Homeowners Association.
Against the continued challenges posed by an under-performing
economy, high interest rates, consumer insecurity and both
national and municipal service delivery issues, residential
estates have remained a comparative haven of reliable services
and stable property values. But Homeowners Associations (HOAs),
www.estate-living.co.za | 7