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Community Next: 2020 and Beyond - Community Management

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Community Management 

A​lthough community management is a relatively new occupation, in barely five decades it has become a vital and sophisticated profession that has evolved into an international career path that embraces tradition, business acumen, credentialing and a grasp of increasingly complex state, federal and international laws. Most managers and management company owners who came to the profession when it was being formed in the early 1970s—and for many years after—did so from a wide range of other occupations. Professionals in real estate, law, construction, accounting, finance, insurance, hospitality, facilities management and even military service have become the leaders whose combined talents and abilities helped build a rich foundation for this new vocation. According to the Foundation for Community Association Research, there are nearly 325,000 community associations and more than 55,000 community managers; more than 100,000 people work in as many as 8,000 management companies. These figures do not include the growing number of management companies, managers and support staff in other parts of the world. The momentum of developing communities will continue. And as common-interest community living becomes more widespread— and the number of retiring industry leaders also grows—the need for qualified, well-trained managers also will increase. The Community Management Panel’s discussions revealed four key elements that will be required to maintain the profession in the near future and preserve its continued advancement Community Management over the long term. These elements are, of course, interrelated at their core.

»RECOGNIZE COMMUNITY MANAGERS AS SKILLED PROFESSIONALS
20207.PNGA recurring theme in our conversations has been the critical need to educate the general public, as well as our customers, about the essential role that managers play in developing and maintaining well-run community associations. This can’t be overstated. Once managers are recognized outside of our industry as skilled professionals—much like lawyers, accountants, teachers and other professionals—a number of features will change. Management positions will become more respected, and thus, salaries more competitive. Customers—i.e., association boards—as well as individual residents and service providers, will have a better understanding of a manager’s role, which will generate better cooperation. And as customers become more knowledgeable and sophisticated and cultivate their own expectations, managers will be more conscientious about their own training, competencies and behavior. Simply put, consumers’ knowledge of what the profession entails will set the bar higher, and managers will rise to the challenge.


»GROW AND EVOLVE MANAGER EDUCATION
Education and training for managers now is very specific and presented in graduated levels to accommodate everyone from the novice to the most erudite, expert professional. Currently, however, formal training and testing for competency is offered only through CAI’s Professional Management Development Program (PMDP), the Community Association Managers International Certification Board and some state-sponsored courses. Going forward, however, at a minimum, industry professionals will need to have earned a bachelor’s degree. Managers will need more refined specializations—like finance and technology—in the future. Additionally, the industry will expect and encourage colleges and universities to play a more active and conspicuous role in preparing future managers. Persuading these institutions to develop and offer specific courses and—potentially— professional certificates and/or undergraduate or graduate degrees in community management is vital. ​

»ADVANCE PROFESSION TO HIGHER LEVELS
As the public becomes aware of the profession and more educational opportunities are available, the community management profession will become more of an “intentional” one, i.e., people will seek it as a specific career path rather than coming to it by chance. This progression also will support better compensation and advanced education, as well as specialization.

»UNDERSTAND AND ADDRESS THE NEED FOR WORKFORCE DEVELOPMENT
Well-trained managers are needed now to fill openings in the growing number of new communities in the U.S. and abroad, as well as numerous vacancies that soon will be created by the many managers who created the profession but who are now anticipating retirement. It’s particularly imperative to recruit and educate novice managers today so they can prepare to fill leadership roles in the not-too-distant future. 
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FINAL THOUGHTS
What should we expect in the future? Homeowners, baby boomers in particular, will be less likely to participate in their communities, and will expect more involvement from their communities’ managers. This higher expectation will generate more responsibility for managers. While most managers currently are generalists, subspecialties will develop within the profession to address specific aspects of management. An advanced designation—something beyond the Professional Community Association Manager (PCAM) credential—may be needed to recognize managers who meet the ever-increasing criteria for “more refined skills and education.” Technology and culture also will change the profession, as our panelists know well. The growing senior demographic also will impact the community management profession, requiring a wider range of services within communities. What will remain unchanged? Some aspects of community management will remain the same. Ethics, technology, office spaces and small companies vs. large corporations will always be issues affecting our jobs, just as wisdom, patience, tolerance and dedication will be essential requirements. There always will be opportunities for small, boutique-sized firms to thrive alongside large, multi-office corporate management companies. Community managers have interactive, albeit ambiguous, jobs. They must rely on their experience, knowledge and judgment to make relatively complex decisions that affect clients, homeowners, tenants, other employees, suppliers, business partners and multiple service providers. These qualities will remain the fundamental aspects of a manager’s job, just as on-the-job learning and mentoring will continue to be essential elements of training professional managers.​
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