Diversity steps will pay off, says C&W's Ron Whitley.Diversity in commercial real estate has been slow to arrive, but over the next decade, steps being taken now will result in a more diverse and inclusive environment, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ron Noun 1. Ron - a Chadic language spoken in northern Nigeria Bokkos, Daffo West Chadic - a group of Chadic languages spoken in northern Nigeria; Hausa in the most important member Whitley Whitley may refer to: Places
Haulster (Small industrial multi-purpose truck) Bellhop Series (Golf Carts) Tug(Large Truck) & Wakefield Wakefield, estate, United States Wakefield, family estate of George Washington, on the Potomac River, E Va.; part of the George Washington Birthplace National Monument (see National Parks and Monuments, table). , Inc. "Diversity is more often being recognized as a business growth strategy, and CEOs and senior management must set the example," said Mr. Whitley. "Business leaders need to be aware of how many minority and women executives are on their corporate staff and their board of directors." The state of diversity in commercial real estate is indicated in the findings of a groundbreaking study conducted by Ferguson Partners. The report compared the 5 percent minority board of directors representation in commercial real estate with the 21 percent minority board of directors representation on Fortune's list of Best Companies. On the subject of senior leadership in real estate, the report found women represent just 2 percent (although women represent one-third of the employee population), and African-Americans represent just 1 percent. It found the total minority commercial brokerage population is less than 2 percent. The minority population in the U.S. is 35%. "Real estate's record for recruiting women and minorities has been challenging, but we are making progress," said Mr. Whitley. "Opportunities for careers in real estate for women and minorities are improving and I am confident they will expand in the years to come." Cushman & Wakefield has taken a number of significant diversity steps in recent years. The firm has a strategic alliance with Concordia Real Estate, the first minority and women owned national real estate firm. Cushman & Wakefield is also the national executive partner with CREW Foundation (Commercial Real Estate Women) in a special national program aimed at introducing teenage girls to commercial real estate careers. Cushman & Wakefield's two top brokers in the world in 2004 were women, Tara Stacom and Audrey Cramer. The firm has been very active in REAP (Real Estate Associates Program), an initiative for minority professionals working at Fortune 500 companies who are seeking a career change into real estate. The firm has retained a number of REAP graduates. Cushman & Wakefield also has a strategic alliance with JRT JRT Jack Russell Terrier JRT Jumbo Roll Tissue (bathroom tissue) JRT Justin Randall Timberlake (member of NSYNC) JRT Joint Readiness Training JRT Jugoslovenska Radio-Televizija , the largest women owned certified See certification. real estate firm in the country. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion