Thursday, May 31, 2012

A Hip and Healthy Management Style


These day's it seems like more and more people are using Acronym's in the working place. Subsequently I would like to share one that's I have been using for years called PMBWA. Not only is PMBWA effective and powerful, but it is also good for your health! Here are variations on its commonly known names:

The Acronym: PMBWA
Property Management by Walking Around
Property Management by Wandering Around
Property Management by Walking About

Property Management by Walking Around compels you to really get out and just start walking around. Do nothing but walk and observe. That is all you have to do. Start at the top, the bottom, the outside, the inside, or any part you would like. Get into the thick of things. Walk around the parking lots, mechanical rooms, corridors, vacant spaces, but just walk.

While you are walking ask questions, talk to people, make inquiries, and introduce yourself the neighbors. Do not have a plan or carry anything with you but your smartphone. If you must take a note, just use the camera feature, call yourself and leave a voicemail, or a record a message. Do not carry notepads or anything else at all, because the notepad might make you think you need to find things to write down. It can also be a intimidating if you’re taking notes during a conversation with a tenant. Let your mind be free and just walk. Wherever you go, information will be gleaned. There is insight to be had from the properties you own, manage and maintain.

It is not easy, but consider doing PMBWA regularly. Nobody expects a property owner\manager to just walk around with no plan, direction, or destination! Remember, this is NOT a building inspection. You are managing your property just by walking around. It sounds unbelievable, but I bet you that you will learn so much and find out so many things that it will spark enthusiasm, excitement, or bring resolution to a matter you have contemplated or been challenged by.

Try it and let us know how it works for you!

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