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.Transformational Leaders:
Why they are highly desired in real estate
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4 reasons why Mentoring is the new must-have for modern companies
The real estatesectoris one of the fundamental pillars in the country’s economy, and its transcendence lies in the leadership that drives it. Transformational leaders present themselves as a key player in this area; being able to make an impact on how real estate businesses evolve and evolve.
The real estate sector is one of the fundamental pillars in the country’s economy, and its transcendence lies in the leadership that drives it.
Paulo Stoll, Executive Manager – Real Estate & Construction at Cornerstone, mentions that: “85% of Peruvian real estate companies that have experienced significant growth in recent years attribute their success to the ability of their transformational leaders to promote a culture of innovation and adaptation to change”.
From this perspective, what is the profile of this leadership style, and what makes them in high demand? The expert, based on his experience in Headhunting and Executive Search, mentions the most distinctive and outstanding characteristics that make up a transformational leader:
- Strategic vision: possesses the ability to question established norms and set goals that drive the company forward. According to the specialist, “these leaders not only keep abreast of the latest technologies and trends, but also have the ability to implement them effectively in business operations and adapt quickly to change.”
- Learning mindset: Is constantly looking for new opportunities to improve their skills and knowledge. Values professional and personal development; adapting to new practices and approaches.
- Innovation: fosters a culture of constant evolution; where teams are encouraged to seek out opportunities to learn, grow and develop their skills.
- Emotional intelligence: prioritizes building strong relationships based on trust and respect; creating a work environment where everyone feels part of a united, listened to and motivated team.
- Effective Negotiation: her ability to understand others’ perspectives and find common ground allows her to reach successful agreements and maintain positive long-term business relationships.
- Flexibility: You are willing to adjust your plans and approaches to adapt to new situations and challenges. Does not stick, rigidly, to a pre-established plan; but is open to making changes when necessary.
“Today, 9 out of 10 companies in the real estate sector require more and more transformational leaders within their teams; therefore, at Cornerstone, through our Leadership Assessments service, we have the best potential assessment tools designed to identify and select the best leaders in the industry and drive business success and development.”, concludes Paulo Stoll.
Learn more about Cornerstone, a global firm specializing in Executive & Board Search and Talent Management Consulting; by visiting https://cornerstonegroup-miami.com.
