Background Image
Previous Page  29 / 56 Next Page
Information
Show Menu
Previous Page 29 / 56 Next Page
Page Background

they are interested. This query can include a questionnaire (see side-

bar) and a resume request, which the nominating committee can

review. “This is the time to weed out candidates who want to run

because they’re upset about a single issue, such as not getting a

reservation they wanted,” Gallagher says. “If their one issue is that they

want to make sure the budget is balanced, that’s a good thing.”

2. Provide a Job Description

Interested candidates (including those identified by the board and

management) should be provided with a detailed job description that

lists expectations and duties. “There are many responsibilities that

boards can hand off to a management company, but the board must

approve the budget and set policy,” Wood says. “Potential board mem-

bers need to know how often the board meets, what travel is required,

and if they would have a conflict of interest. Often, finding out what’s

entailed will lead some candidates to withdraw their name.”

3. Create an Audition Process

All three experts recommend that resorts create committees to advise

the board. In addition to being a valuable resource, the committees

become a proving ground for potential board members and an essen-

tial part of the board-development process. “You can see if someone

will be a good fit,” Siegert-Free says. “Do they fulfill their responsibili-

ties? Are they respectful of others? You learn a lot this way.”

Keeping watch during interactions with owners is also a good idea.

“We monitor annual meetings with an eye toward identifying owners

with a genuine concern for the well-being of their association and those

who offer meaningful suggestions,” Gallagher says.

4. Vary the Targets

In a perfect world, enough qualified candidates would step forward on

their own to ensure that your board is diverse and representative of your

owner base. In the real world, resort management and/or the nominat-

ing committee will need to recruit candidates to achieve this goal.

Including attorneys, accountants, real estate experts, and other

professionals can be helpful, but it’s also wise to include other back-

grounds. “You get better ideas that way,” Siegert-Free says. “We have

a board member who has arranged to have students at the University

of Colorado at Boulder come up with designs for our resort. We hadn’t

thought of doing that.”

In addition to careers, differing ages and family status are impor-

tant to meeting the needs of all owners. “Older board members may

not see the value of having Wi-Fi everywhere at the resort, but a

younger board member may deem it crucial,” Wood says. “Just hav-

ing that different opinion at the table can prevent the board from mak-

ing a bad decision.”

5. Sweeten the Offer

Your best candidates may not initially be interested in the job. Although

the vast majority of boards don’t pay members, there are perks to the

position. “Most will reimburse reasonable travel expenses [for board

meetings] and provide accommodations and a per diem,” Gallagher

says. Since resorts are in desirable locales, that’s an incentive.

Siegert-Free advises that resorts consider applying for scholar-

ships for their members to attend ARDA conventions. “Board members

learn a lot about the industry, but they also enjoy the opportunity to net-

work in nice places,” she says.

Is it a good idea to provide salaries? “There would be advantages

and disadvantages,” Wood says. “You would expect more of people

who are paid and could probably attract younger owners. On the other

hand, most resorts are already financially stressed, and board mem-

bers are participating to help others, not themselves.”

6. Stagger and Limit Terms

Most boards stagger member terms so that the entire board isn’t

replaced at once. This provides continuity, which can also be enhanced

by a professional management company. New members learn how

things work from the more experienced members. Eventually, though,

it’s time to say good-bye to longtime members, a process made easier

when term limits are in place. At the Christie Lodge, board members

can have two consecutive three-year terms. This means there are more

former board members. “If something happens, such as the death of a

board member, you have a pool of trained people who can step in to

help,” Siegert-Free says.

Bringing in new members helps prevent boards from just continu-

ing to do everything the way they always have, Wood says. “There are

so many challenges facing the industry today, we need strong boards

with new ideas and new ways of looking at things.”

Judy Kenninger is a Brownsburg, Indiana–based writer and

communications consultant who has worked in the shared ownership

industry for nearly two decades.

27

Blend/Image Source

You’ve Got Questions

Finding the best-qualified potential board members can

require a little digging into experience and motivations.

Here are a few questions our experts suggest for

screening applications. Which answers are best will

depend on your resort’s needs.

1.

What professional experience

do you have?

2.

What prior board or leadership

experience do you have?

3.

If you have been on other boards,

how long did you serve?

4.

Have you attended

annual meetings?

5.

Do you have a special skill or area

of expertise that would be

helpful?

6.

How long have you been

an owner at this resort?

7.

How many weeks do you own?

8.

Do you usually come to this

resort each year?

9.

How often do you exchange

your week?

10.

Do you own at any other

timeshare resorts?

11.

Are you on any other

timeshare resort HOA board?

12.

Have you paid your

maintenance fees on time?

13.

What do you like about

this resort?

14.

What would you like

to see changed?

15.

Why do you want to serve?

16.

Will you be available to

travel to board meetings?