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Commercial real estate has long been relationship-driven, entrepreneurial, and performance-focused. It’s also an industry that prides itself on being merit-based — you produce, you rise. And yet, when you look at leadership teams across many firms, a clear pattern emerges: they often don’t reflect the broader communities, tenant bases, or investor groups they serve.

So the question is fair: does commercial real estate have a diversity problem?

The honest answer is yes — particularly at the leadership level.

The Pipeline Myth

One of the most common explanations is “pipeline.” Firms will often say there simply aren’t enough diverse candidates with the right experience in asset management, acquisitions, development, or executive leadership.

But that explanation only tells part of the story.

While it’s true that historically the industry drew from relatively homogenous networks — top brokerage teams, family offices, legacy ownership groups — the candidate pool today is far broader than it was even ten years ago. There are diverse professionals in FP&A, institutional asset management, public REITs, development shops, and private equity platforms who are more than qualified to step into senior roles.

The issue isn’t always a lack of talent. Often, it’s access and visibility.

The Network Effect

Commercial real estate hiring still relies heavily on referrals and closed networks. Leaders tend to hire people who look like their past top performers — or like themselves. It’s rarely intentional exclusion. It’s pattern recognition.

But pattern recognition can unintentionally reinforce sameness.

If boards and executive teams are built from the same professional circles year after year, leadership composition remains static. That has long-term implications — not just reputationally, but strategically. Diverse leadership teams consistently outperform in decision-making, risk management, and innovation. In a capital-intensive, cyclical industry like CRE, those advantages matter.

Where Firms Get Stuck

Many firms express a desire to diversify leadership but stall in execution. Common sticking points include:

• Overly rigid experience requirements
• An unwillingness to invest in mentorship or leadership development
• Fear of “taking a risk” on a nontraditional background
• Lack of accountability at the board or ownership level

In reality, every senior hire carries risk. The difference is whether firms are willing to expand their definition of “qualified.”

What Actually Moves the Needle

Meaningful progress doesn’t come from a one-time initiative or a polished statement. It comes from structural shifts in how hiring and promotion decisions are made.

Here are a few that work:

1. Broaden the candidate slate intentionally.
If your final interview slate looks identical to your current leadership team, that’s a signal. Expanding search parameters — geographically, functionally, and demographically — uncovers strong operators who may not have been on your radar.

2. Reevaluate “culture fit.”
Culture fit can become a catch-all phrase that masks bias. Reframing the conversation around “culture add” encourages leadership teams to ask how a candidate could strengthen — not simply replicate — the existing dynamic.

3. Invest earlier in the pipeline.
Firms that actively mentor mid-level talent and provide real P&L exposure create stronger internal promotion paths. Leadership diversity rarely happens overnight. It’s built over time.

4. Tie leadership compensation to outcomes.
What gets measured gets managed. When diversity and succession planning are embedded into executive KPIs, they become operational priorities instead of side conversations.

Why This Matters Now

Capital partners, institutional investors, and even tenants are paying closer attention to leadership composition. Governance expectations are evolving. Firms that are proactive will be better positioned with investors, lenders, and joint venture partners who increasingly evaluate environmental, social, and governance metrics alongside returns.

But beyond optics and ESG reporting, this is about competitiveness.

The firms that will win the next decade of commercial real estate are those that can adapt quickly, attract top-tier talent across demographics, and build leadership teams capable of navigating complexity. Limiting your candidate pool — intentionally or not — is a strategic disadvantage.

A Realistic Perspective

Change in CRE has historically been incremental, not revolutionary. This will likely be no different. But momentum is building. We’re seeing more diverse professionals stepping into senior asset management, capital markets, and development roles than ever before.

The opportunity for firms isn’t just to “fix a problem.” It’s to build stronger, more resilient leadership teams.

For those actively hiring or thinking about succession planning, the conversation is no longer whether diversity matters. The conversation is whether your hiring strategy is aligned with the future of the industry.

As always, we’re happy to be a strategic partner in those discussions.

Many professionals shy away from setting boundaries at work because they fear potential consequences. However, in high-pressure always-on work cultures, constantly saying “yes” is often mistaken for being considered a top performer. The opposite may be true. Focus increases quality while overwhelmed workers are rarely top performers. Taking on too much only leads to burnout and job errors.

A 2025 Confidence Gap Survey deployed by Connext, a global tech and staffing company, found that 64% of employees surveyed feel they are rewarded (at least sometimes) simply for productivity optics like logging long hours, being online for extended timeframes, or attending meetings with no real purpose. But that type of performance doesn’t translate into being a high performer or growing your own professional network. In order to be memorable and irreplaceable, you have to prioritize. Here are five boundary-setting phrases high performers use at work.

1. “I can take this on, but I’ll need to deprioritize XYZ.”

Use this phrase when last-minute requests or additional roles get added in a way that risks overload. This shows a willingness to help while also prompting a conversation about prioritization. Some managers with a large team will not be always aware of your daily workload and capacity. This phrase gives them that information. Plus, it shows you are strategically thinking about business priorities. Leaders have to make extensive decisions in a single day. Providing a ‘this-or-that’ approach helps reduce decision fatigue.

2. “To do this well, I’ll need more time or fewer deliverables.”

This phrase communicates an interest in work quality and feasible output. Use this phrase when unrealistic timelines, scope creep, or extra commitments pile up. Some organizations mistake busyness for productivity, valuing optics versus outcomes. Break the chain of choosing speed over quality by using this phrase to recenter priorities.

Continue Reading: https://www.forbes.com/sites/katewieczorek/2026/01/28/5-boundary-setting-phrases-high-performers-use-at-work/

You’ve finally made it to the job interview, where the dreaded—yet all-too-familiar—question has arrived: “Why should we hire you?”

There are plenty of reasons. After all, you’ve worked for years, gaining expertise, experience and education, so you could bring it all to the table and make your mark. But, right now, the only accomplishment you can think of is how you won the third grade spelling bee when you were 8 years old. Not exactly something to share with a potential manager.

What should you do when your mind goes blank?

The first thing is to realize you’re not alone: 68% of job seekers say the job search has hurt their mental health, a 2025 report from TopResume finds. And over 90% of Americans experience anxiety related to job interviews, a survey by employment screening firm JDP shows.

The second thing you should do is remember the four-letter acronym HIRE.

H—Highlight your relevant experience.

I—Impress them with your past results.

R—Reveal the reasons why you’re the perfect fit for the role.

E—Embrace your nerves and leverage that feeling by showing enthusiasm.

You know exactly why you should be hired for this position. You’re the perfect match. So don’t let stress and anxiety interfere with good performance. Remember why this company should HIRE you, and you can shine, even if your knees knock and your hands shake.

Continue Reading: https://www.forbes.com/sites/colleenbatchelder/2026/02/03/why-should-we-hire-you-how-to-answer-the-hardest-interview-question/

I love people who say they “know” what they need to do, they just don’t do it. These are the same people who claim that without credentials, connections or whatever they happen to lack, success is impossible.

The truth is, most people put almost zero effort into figuring out how success actually works in their field, so you can outclass the majority, just by doing a little research.

“All Employers Care About is a Degree”

A few days after my MIT Challenge completed, it was picked up by the social media website, reddit. While many of the comments were supportive of the challenge, a number disparaged that the concept was nice but that, without a real degree, the knowledge was almost useless.

Interestingly, HR recruiters also responded to the thread and they told a different story. Many of them claimed that, contrary to the students’ expectations, they were very interested in hiring someone who was aggressively self-educated. One from a large firm even offered to set me up with a job interview.

I’m certainly not saying degrees are useless, or even that employers would make no distinction between my challenge and a real degree. But what amazed me was that nobody had actually done any research. The assumption was that all employers cared about was a degree, even though that was being contradicted in the exact same discussion forum.

Continue Reading: https://www.scotthyoung.com/blog/2012/12/05/interview-method/

Soon, Cal Newport and I will be reopening Top Performer for a new session. This is the course we teach that shows you how to deeply understand your career, build rare and valuable skills, and translate those skills into work you love.

In anticipation of the new session, I’ve been writing some lessons on career advice. I started by explaining why you should master your career rather than try to run away from it. I argued that you need to build rare and valuable skills, which don’t come automatically. I also showed why working harder can actually backfire, if that becomes your source of competitive advantage.

The theme throughout all these lessons is that to have a great career, you need career capital. Skills, relationships and other assets that make you in demand.

However, while getting career capital isn’t trivial, and it’s the main thing that separates the desirability of different careers, it isn’t the only step to having work you’ll love. Having career capital isn’t enough, you need to actually use it to negotiate the lifestyle you want to live.

Continue Reading: https://www.scotthyoung.com/blog/2019/05/26/negotiate-lifestyle/

You think your company will take care of your career?

Think again.

Your job is changing—faster than you realize—and if you’re not actively shaping your own future, you’re already falling behind.

For decades, career development and progression were largely a corporate responsibility. Once you completed your studies and got hired, your employer provided a clear pathway for advancement, sent you invites to training programs, offered opportunities for new roles, and provided long-term stability as long as you performed and stayed loyal.

But long-term job stability is disappearing. AI and automation are reshaping industries at an unprecedented pace, making skills obsolete faster than ever. As companies race to reskill their workforce, they will prioritize business needs—not your long-term career. Your real job security no longer comes from your employer; it depends on your ability to stay relevant in the job market. The responsibility for career development has decisively shifted from the company to the individual.

The Rise of the Self-Managed Career

David Fano, CEO of Teal, argues that professionals need to take control of their careers and develop a sense of agency, even if they are salaried employees. In a podcast conversation, he explained: “It’s not waiting for the company to train you; you’ve got to train yourself. It’s not waiting for the company to say, ‘Hey, we’re doing a comp review,’ and then hoping for a raise. You need to know your worth and go get paid more.”

This means thinking strategically about your skills, market value, and future opportunities—even if you have no intention of leaving your job. Because even if you’re happy with your job, your employer, and your career, change will come. Not a question of “if,” only of “when.” With career life cycles shortening due to the faster aging of knowledge and rapid redesign of work by technology, you’re unlikely to retire from the same job, employer, or perhaps even profession. That means you must take control of your professional development, continuously update your skills, stay aware of industry changes, and ensure your professional identity and capabilities remain relevant and valuable.

Continue Reading: https://www.forbes.com/sites/niritcohen/2025/02/09/why-your-employer-wont-develop-your-career-so-you-must/?ss=futureofwork

Organizations want high performance. This isn’t a secret. It helps the organization accomplish its goals and bring value. Individuals want the same thing and for the same reasons. They want to accomplish their goals, and they want to create value. 

A key element to improved performance is being able to create and participate in a team. There are regular teams like our department or division. There are also project teams or ad hoc teams that are assembled for a specific purpose. Even individual contributors have to occasionally work on teams. 

Since teams aren’t going away anytime soon, I’ve put together a collection of articles focused on the best practices for creating and managing teams. 

Leadership and the 5 Stages of Team Performance

Team leaders play a role in all stages of team performance. Even when team members are very experienced and have a lot of tenure with the organization. If organizations are wanting high performance levels (and we all know they do), then team leaders need to understand team dynamics and be prepared to help the team reach its full potential.

Leaders: How to Let Your Team Know That You Hear Their Ideas

Bringing the team into the research and decision-making process can be valuable for several reasons. First, it helps the team understand what’s involved in getting an idea approved and implemented. Next, it encourages team communication, problem-solving, decision making, and consensus building. Finally, it allows the team to feel like they have a direct impact, which can increase engagement. 

Continue Reading: https://www.hrbartender.com/2025/leadership-and-management/better-teams-lead-improved-performance/

As the calendar flips to a new year, many of us reflect on what we’ve achieved and where we want to go next. For some, that means setting fitness goals or planning travel adventures. For others, it’s about taking control of their professional journey. If you’ve been thinking about a career change, the start of a new year is the ideal moment to make it happen.

Maybe you’ve landed your first graduate job and gained valuable experience, but can’t see progression, maybe it’s not all you’d hoped it would be, and you want to try something different; maybe it’s something completely different and you’ve been travelling and are now ready to start your career… Whatever your reasons, as the new year begins, you might find yourself asking: “what’s next?”. January is the perfect time to start exploring what’s out there and make that leap into a new career.

Why January is the Career Change Hotspot

January consistently ranks as the busiest month for job changes. Why?

• Fresh Start Mentality: The psychological boost of a new year inspires people to set ambitious career goals.
• Hiring Peaks: Companies reset budgets and launch new projects in January, creating a surge in job openings.
• Post-Holiday Reflection: Time off during the holidays often leads to reassessing career paths and priorities.
• Financial Timing: Many employees wait for year-end bonuses before making a move, so January sees a spike in resignations and new hires.

Read More: https://www.enterprisemobility.co.uk/en/careers/careers-blog/new-year-new-career-why-january-is-best-for-job-moves.html