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Research > Benchmarks

How Do You Measure Up?
National Strata Management Benchmarking Project 2006

If you’re keen to know how your business measures up against the best performers in the industry, how you can improve your strata management business, and what industry challenges lie ahead, be part of this year’s National Strata Management Benchmarking Project.

There are two levels of participation, you may participate in one or both.

The Business Snapshot Report (free to participate) is a business health check that enables you to compare your business in key performance areas against businesses of a similar size. Participants also receive an exclusive report outlining the key issues and trends impacting the strata management industry.

The Performance Benchmark Report ($1375 incl. GST) is the definitive management tool for those businesses serious about improving their operations. Regardless of the size, turnover or location of your business the Performance Benchmarks are a performance management tool that will make a difference to the way you operate.

You will receive:
– A tailored report detailing the strengths of your business and potential improvement strategies
– Analysis of 166 key performance indicators of your business benchmarked against those of similar and high performing strata businesses.

Benefits of participating in the National Strata Management Benchmarking Project

  • Receive accurate feedback on the performance of your strata business in relation to your competitors 
  • Obtain a competitive advantage by having accurate, industry-specific data
  • Understand how the best performers are operating and what you need to do to emulate them
  • Make informed decisions based on ‘best practice’ performance in the strata industry
  • Get out of the technician trap and grow your business
  • A timely opportunity to crystallise your business strategy for the year ahead

  • The Business Snapshot Report is commissioned by Macquarie Bank and endorsed by the National Community Titles Institute.

    The Performance Benchmark Report is commissioned by the Institute of Strata Title Management and endorsed by Andreones Lawyers.

    Research is conducted by FMRC Property.

    Confidentiality
    Individual survey responses remain confidential to the researcher, FMRC Property. No other organisation (including Macquarie Bank and the project endorsers) have access to individual benchmark results.

    Register to participate
    Please complete the following registration form and return to FMRC Property:
    Fax: (02) 9660 0588
    Mail: FMRC Property
    170 St Johns Road
    Glebe NSW 2037
    Email: all@fmrcproperty.com

    2006 survey findings
    Click here for a summary of this year’s survey findings, or here for a Victorian overview.

    13 Feb 2009 (Fri)
    Accounting for owners corporations

    20 Mar 2009 (Fri)
    Managing Performance

    01 May 2009 (Fri)
    Legal / Ethical obligations

    view calendar


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    Members section contains contains Form 4 Management Agreement, Best Practices, Businesses for Sale, Legal Service, Valuation & Planning Service, Benchmarking, and more.

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