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New IREM Whitepaper Examines What it Takes to Make Well-Informed, Reasoned Business Decisions

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Editor’s Note: A review copy of the publication is available to media on request; contact Sharon Peters (312-329-6067), speters@irem.org

(Chicago, July 18, 2013) –Critical thinking is one of the top five skills essential to real estate management success, according to the findings of a survey of 800-plus top real estate management professionals conducted by the Institute of Real Estate Management (IREM). A new IREM white paper, titled simply “Leadership Development: Critical Thinking,” provides ideas and suggestions for real estate managers and practitioners in other fields to make well-informed, reasoned decisions and  enumerates common mistakes people make that undermine such decisions.

The publication is the fourth in a series of IREM white papers that examines various leadership-related topics. It will help readers work through the process necessary to achieve better, more-productive results in their problem solving and decision making, a process that includes:

  • Clearly and precisely identifying the real, underlying issues and problems to be addressed
  • Gathering all necessary, relevant, accurate information
  • Evaluating the information correctly while being open-minded and thorough in assessing it
  • Identifying the best solutions to problems and making well-reasoned decisions that take into account the implications and practical results that flow from them
  • Working collaboratively with others to find solutions to complex problems.

PRICE AND ORDERING INFORMATION
IREM Members can downloadthe IREM white paper on “Leadership Development: Critical Thinkingat no cost from www.irembooks.org, but they must log in as a member to download the publication free. The price of the publication for non-members is $5.99 and can be paid for by credit card (VISA, MasterCard, American Express, and Discover) and downloaded at www.irembooks.org.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM) is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate, and promoting superior management through education and information sharing. An affiliate of the National Association of REALTORS, IREM is the home for all industry professionals connected to real estate management – and the only organization serving both the multi-family and commercial sectors.

We believe that good management matters, and that well-managed properties pay dividends in terms of value and in the quality of life for residents, tenants and customers. We believe in professional ethics. We believe in the power of knowledge and the importance of sharing it.

IREM offers a variety of membership types for professionals of every experience level, from on-site managers to high-level executives. Our credentials, earned by meeting high standards of education, experience, and ethical business practices, include: Certified Property Manager (CPM), Accredited Residential Manager (ARM), Accredited Commercial Manager (ACoM), or Accredited Management Organization (AMO).

Since 1933, IREM has set the standard for best practices in real estate management. Today, IREM membership includes nearly 18,000 individuals and 560 corporate members. To learn more about the IREM and its chapter network, call (800) 837-0706, ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.