Cyber Meetings
Last week I wrote about the expanding practice of office "hotelling" by companies that are focused on reducing their occupancy costs. Another rapidly emerging trend is the use of online media and video conferencing to reduce travel expenses and to recapture the downtime – and wasted time – of executives "on the road." Even more telling is the online approach instituted by public companies. Broadridge Financial Solutions, a provider of online solutions, recently reported that since December 2009, 25 public companies have conducted at least one annual meeting online only. Closer to home, last week my firm, Korn/Ferry International, organized a meeting that involved a large group of executives based in New York and London. Instead of flying the London team to NYC, we arranged for a live video feed to connect us across the pond. The meeting came off without a hitch, and we saved tens of thousands of dollars on travel expenses and hundreds of wasted man hours. Some critics of this trend cite the value of face-to-face time, and lament the loss of personal interaction among executives and with directors at shareholder meetings. I can't argue with the efficiency and cost savings, but I myself prefer to "press the flesh."
Tony LoPinto is the Global Sector Leader of Korn/Ferry International's Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.
PIEDMONT OFFICE REALTY TRUST
Manager, Financial Planning and Analysis
(JOHNS CREEK, GA) The manager will perform and manage all activities relevant to the responsibilities of the planning and analysis role, to include completing corporate forecasts and budgets, identifying trends and variance drivers (performance measurement), preparing corporate presentations, responding to queries from the investor community, and other portfolio management activities.
AVALONBAY COMMUNITIES
National Affordable Housing Program Manager
(ARLINGTON, VA) The manager will be responsible for facilitating all activities related to affordable housing program management including: operating procedures, risk assessment, rent increases, reporting, audits, education/training, etc.
MOHR PARTNERS
Portfolio Account Manager - Transaction Manager
(DALLAS) The position will manage negotiations for multiple transactions on an ongoing basis including relocations, acquisitions, dispositions, renewals and expansions in multiple markets throughout North America for national/international corporate service accounts.
CLARION PARTNERS
Asset Management Analyst/Associate
(NEW YORK CITY) The primary responsibilities will include assisting with financial modeling, client reporting and correspondence, property valuation analysis, lease analysis, financing analysis and special projects.
CUSHMAN & WAKEFIELD
Client Care Director
(LOS ANGELES) The firm seeks a professional with brokerage knowledge, experience and ability to act as the business development and relationship manager for our brokerage group.
ROBERT W. BAIRD & CO.
Vice President - Real Estate Investment Banking
(MCLEAN, VA) Responsibilities will include assisting senior bankers in the business development effort, leading the transaction execution teams, and working assisting in the development of the junior members of the group.
DRA ADVISORS LLC
Acquisitions Associate
(NEW YORK CITY) Responsibilities will include market analysis, financial modeling, cash flow analysis, lease review, and due diligence activities for new acquisitions.
MADISON MARQUETTE
Property Manager
(SAN FRANCISCO) The incumbent provides property management direction to assigned center(s) either personally or through subordinates to ensure management requirements, client objectives and property performance standards are met.
No more than one submission per company will be considered per week.
Submissions with multiple names will be capped at three for coverage in Executive Watch.
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FINLAY MANAGEMENT
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