Executive Watch

Happy New Year!  In many respects, Labor Day represents the launch of a new business year.  Vacations are over, the kids are back in school, and executives begin to focus on the next agenda, budget planning and organizational needs.  It also marks the beginning of a prime time for professional and executive recruiting.  Hiring managers begin to address gaps in their organizational charts, bench strength for new initiatives and succession planning.  Business leaders also want to make sure that their team is well-positioned to take advantage of the runway that still remains in this current bull real estate market.  Therefore, I expect that this new business year will continue its robust hiring trend across all sectors.  There was little let-up in recruiting activity over the summer and the prognosis is strong for continued professional-level recruiting across all sectors.

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders.