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Forming Better Habits in 2020.

With 2020 officially underway, this is the time of year where we see various posts and news articles about, “New Year’s Resolutions.” For many, the start of a New Year can mean a blank slate or an opportunity to start over. However, did you know that fewer than one in every 10 million “resolutioners” will actually stick to their goal by year end (Knapton, 2019)?

The Harvard Business Review suggests that this is because too many people focus on big goals without considering the small steps that need to be taken along the way in order to make that goal a reality (Beard, 2019). For AFI, our goal remains the same as it has always been, “To Prosper All Stakeholders.” Some small steps AFI and our managed assets can take to achieve this goal may be things like:

  1. Collect rent faster on average each month than last year
  2. Continue to raise rents by a minimum of 3% Year-Over-Year
  3. Continue to decrease crime across the entire portfolio

What are your goals for 2020? What milestones are you going to set to ensure that you are not amongst the crowd that losses sight of their goals? AFI Onsite Managers are the tip of the spear when it comes to achieving the new year goals we have set for ourselves. Our role, and why so many individuals enjoy working with us, is to provide a strong support system for our Managers.

Showing support for someone can mean many different things. Forbes identifies one way of showing support as giving feedback in an honest and constructive way. It can be tempting to dance around issues rather than confront them in order to avoid a potentially uncomfortable situation. As a leader or supervisor, this is a disservice to your employee as you are not allowing them the opportunity to learn and further develop themselves from the situation (Anderson, 2016).

Continuing to provide support for our onsite teams, no matter how many miles away from headquarters the asset may be, is how AFI will ensure we achieve our 2020 goals.

Anderson, Amy. “The Fastest Way to Achieve Success Is To First Help Others Succeed.”    www.Forbes.com, Forbes, 6 Jan. 2020, www.forbes.com/sites/amyanderson/2016/01/06/the-fastest-way-to-achieve-success-is-to-first-help-others-succeed/#288950ee79f9.

Beard, Alison. “The Right Way to Form New Habits.” www.harvardbusinessreview.org, Harvard Business Review, 31 Dec. 2019, hbr.org/ideacast/2019/12/the-right-way-to-form-new-habits.

Knapton, Sarah. “The science of how to stick to your New Year’s resolutions.” www.telegraph.co.uk, The Telegraph, 2 Jan. 2020, www.telegraph.co.uk/science/2019/12/31/science-stick-new-years-resolutions/.

Colin CosbyForming Better Habits in 2020.