only meet financial goals but also deliver on their social promise. And in doing so, you’re not just building homes, you’re building stronger, more resilient communities.
repeatable processes, from securing financing to working with contractors and managing tenants. The system encourages you to document and refine these processes to ensure consistency and efficiency. Standardizing your workflow means fewer delays, fewer errors, and better outcomes overall. ADDRESSING ISSUES PROACTIVELY. In any complex project, issues will arise. Whether it’s a sudden zoning change or unexpected construction delays, the system encourages a proactive approach to problem-solving. By regularly reviewing potential problems and addressing them head-on, you reduce the risk of small issues snowballing into major setbacks. ACCOUNTABILITY AND TRACTION. One of the core tenets of a good system is its focus on building momentum, which involves setting clear, measurable goals for each quarter. For affordable housing, this could mean setting deadlines for completing different phases of the project or achieving a certain percentage of units leased. By breaking down your big-picture goals into smaller, actionable steps,
you create a sense of urgency and accountability that drives progress. THE RIGHT PEOPLE IN THE RIGHT SEATS. Affordable housing projects involve a wide array of professionals, from architects and developers to social workers and property managers. The system emphasizes the importance of ensuring that every person on your team is the right fit for their role. When people are in positions that align with their strengths, your project runs more smoothly and efficiently.
JIM TANNEHILL
ACHIEVING BOTH PROFIT AND PURPOSE
Jim Tannehill has been an entrepreneur for more than 10 years. He is Empire Certified, Trainual Certified and an expert in LucidCharts. A business coach, Tannehill has consulted with more than 100 companies in many dierent industries and verticals. As chief operating ocer of Empire Operating Systems, Tannehill oversees the complete operating picture for the company and ensures that all Empire clients are moving forward in the Five Phases of Business.
Affordable housing is a growing sector that demands both innovation and discipline. As you work to provide homes for those in need, a business operating system like the Empire Operating System ensures your efforts are organized, efficient, and scalable. It gives you the clarity and focus needed to navigate the complex landscape of affordable housing development. By leveraging a system, you can ensure your affordable housing projects not
| :: NOVEMBER - DECEMBER 2024
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