X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Portable Executives

The current state of affairs is producing a significant talent pool that is on the street. Cutbacks have occurred across the board, and I expect that more will come during the fourth quarter and into early next year. However, while tough times slow down acquisitions, development and growth initiatives, companies face mounting workloads in operations and asset management. They are trying to work the portfolio more aggressively, up sales and marketing to insure they take a larger share of what transactions are out there and concentrate more on analysis and reporting (since the C-Suite wants more information in bad times). To fill organizational needs, companies turn to interim employees, temporary help to take on special projects and cover larger-than-expected organizational gaps. In response to this need, I’ve noticed a significant increase in displaced executives creating platforms from which they can market consulting services (which also produces better “optics” on their resume). This could be a long pull, so my advice is to do it right and put together a professional, well-developed presentation and quality package to go along with it – a basic website, quality business cards, a professional email address (forget AOL!). I expect that there will be plenty of opportunities for these new portable executives.

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.
Job Opportunities
FANNIEMAEDirector of Servicing Management(WATERLOO, ONTARIO) The director of servicing management will be responsible for the end-to end asset and risk management of Fannie Mae’s book of business (i.e. mega-servicers, specialty, small and PLS servicers). The director will also manage credit performance via servicer management.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.