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To synchronize and coordinate the planning and feedback loops, the leadership team makes choices at a fixed cadence that is followed by both the operations (the tasks they carry out) and the governance (the reviews they conduct). Establish clear priorities for initiatives in order to: (1) drive detailed planning for the next quarter and. (2)
In the midst of all this change, managers must deal with the challenges of fluctuating occupancy rates, tightening credit, and new headwinds that make collections more difficult than ever before. Many real-estate businesses start out planning with simple spreadsheets, but as their portfolio grows, things change.
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