The HOA Board Quarterly Spring 2014 Issue #9 | Page 7

ARE WE ACTING IN THE BEST INTEREST OF OUR MEMBERS? Brian Blackwell, CCAM A re you prepared for the responsibilities of making corporate decisions that are in the best interest of your members? Protecting millions of dollars in assets? Penny pinching is not an option. How does a board of directors operate in the best interest of the corporation and its members? be made in light of how to best serve the community as a whole while avoiding the consequences of the “penny pinching pit”: As a body elected by the membership to protect its investments, a board of directors should first learn how to work effectively and respectfully together, even when there are disagreements. I always encourage board members to put on your “business hat“ and lay aside personal agendas, personal “feelings” and personal bias, and think “Big Picture.” You’re a Team, a Board of Directors who’s in a position of serving a non-profit corporation on behalf of all its Members. I like to think of this service as a position of servantleader: one who shares power, puts the needs of others first and helps all develop and perform as highly as possible. Following are a few simple questions to ask yourselves when making decisions: An HOA, or common interest development, is a non-profit corporation and