Since we published the findings of our 20 for ‘20 research, we have found a broad consensus that multifamily technology is at a technology inflection point, the like of which we have not seen since the 1999-2004 timeframe. During that period pricing and revenue management, web-based property management systems and resident and prospect portals all came to market at once. Dan Amedro was CIO at Archstone from 1997 through 2012. He not only had a front seat to all those changes but as often in the driver’s seat. We asked him to reflect on that time in the industry. As you read this, we think you’ll agree that the experience 15-20 years ago provides a great map to help navigate technology today.Read More
Companies spend a lot of time, effort and energy introducing new initiatives into the organization (often referred to as a rollout), some with more frequency than others. Before starting a ‘rollout’ it’s very important to remember that what you’re doing is introducing a change. And, more importantly it’s important to realize that change is not easy to introduce (or sustain), and it certainly doesn’t happen on its own.
Have you ever participated in a conversation with other leaders where the topic of conversation is focused on frustration about a new initiative that the teams are not embracing? Often the solution for that problem is a request for more training since the belief is that the teams didn’t ‘get it’ the first time. However, if you dig deeper you will probably discover that the root cause of the problem isn’t that the teams didn’t understand the training, the reality is that the initiative wasn’t introduced with an intentional change management approach. As a result, the teams (for one reason or another) are still doing things the old way.Read More