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Indecisive Boards

Author: 
Toronto Condo News
Publication date:
February 24, 2022
Article Summary: 

The article discusses how some condo boards can become unproductive and struggle to make decisions in a timely manner, causing important issues to be deferred for long periods. The lack of leadership and failure to understand their role as trustees and fiduciaries are identified as common roadblocks to effective decision-making. The fear of making poor decisions, reluctance to approve building-scale costs, and political repercussions are other factors that contribute to board paralysis. The article emphasizes the importance of proactive decision-making and provides resources for condo boards, management, and residents.



Keywords: 

condo boards, decision-making, leadership, trustees, fiduciaries, board paralysis, building-scale costs, political repercussions, proactive decision-making, condo living, condo management, resources.



Source Citation: 
Toronto Condo News
Indecisive Boards
February 24, 2022
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