Summit Recap: From Burnout to Breakthrough
He probably wasn’t thinking about the 2024 multifamily industry when he said it, but Greek philosopher Heraclitus seemed to hit the nail on the head—the only constant in life is change.
Whether it’s ever-evolving tech tools, updated regulatory measures or modified onsite processes, change is a perpetual part of the landscape for multifamily industry professionals. As such, apartment operators must have measures in place to to strategically implement and reframe how we think of change in a way that on-site teams feel empowered rather than overwhelmed, according to a panel at the 2024 Entrata Summit session From Burnout to Breakthrough: A Blueprint for Navigating Technological and Industry Changes.
“Whether you’ve been in property management for five minutes or more than five years, you’ve had one of those days when everything is a challenge,” said Nikki Chambers, Director of Systems and Training for Hanover. “Sometimes 90% of your day can be spent looking for a solution to some problem that has popped up.”
While change can wreak havoc in multiple ways, the four primary forms of changes discussed by the panel included:
- System requirements: When existing property management systems are updated, or new tech tools are introduced to the organization.
- Industry changes: When new regulations are introduced, such as the FTC’s forthcoming rules regarding online reviews, or updated HUD guidelines for pets or low-income residents.
- Process improvement: When properties augment long-standing processes that might have become dated, such as opting for automation to help respond to leads or modifying an antiquated tour process.
- Evolution of roles: When existing onsite duties are modified, often through the implementation of tech. This could include moving an assistant manager or accounting professional from a single property to a centralized role overseeing several properties, made possible by newfound free time derived from AI and automation.
Although many change initiatives are ultimately aimed at making processes easier for onsite teams, challenges are inevitable at the outset. Change initiatives, requests for ongoing feedback from site-level team members and stakeholders as well as refined trial and error processes through these demanding times is crucial in the pursuit to keep them with the organization long term.
“AMLI migrated to the Entrata system during Covid, so imagine that,” said Karsyn Watson, Director of Property Systems and Implementation for AMLI Management Company. “Imagine how the teams felt and what their impressions of things were, because we couldn’t have in-person training. We had to quickly decide what we could do to change everybody’s impression.”
AMLI created a team of “change makers” to help the organization through any transitional stages. It is composed of onsite personnel, trainers, system professionals, area VPs and property managers. The team was “designed to help people embrace new things” and includes many discussions about effective processes, Watson said.
According to the panel, only 34% percent of change initiatives succeed at time of initial pilots, however with collaborative communication and ongoing feedback and refining with onsite teams, training managers, community managers and systems managers, change initiatives can top as high as 80% by the time of rollout. The panel advised creating a FAQ list to accompany any change efforts and to embed change agents within teams to help foster a culture of continuous adaptation.
“We try to find champions, and that doesn’t mean someone who’s always going to be your cheerleader,” Chambers said. “Sometimes you have to have a naysayer to put the challenges in perspective. You still need that cheerleader because that creates an infectious vibe. You need someone who may be a little quieter but has a good idea of what’s happening, and you need someone who’s really systematic.”
Using a varied cast of associates to form a pilot group ensures many perspectives are considered, Chambers said. She also believes operators should thoroughly explain the “why” behind any change-driven process and that soliciting feedback is crucial.
“I beg for feedback because I can’t adjust accordingly and right the ship without it,” she said. “You’re never going to get it right the first time.”