{"id":1004463379,"date":"2020-07-15T11:22:44","date_gmt":"2020-07-15T19:22:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004463379"},"modified":"2021-05-15T08:53:06","modified_gmt":"2021-05-15T16:53:06","slug":"re-energized-diversity-efforts-are-in-the-works-cpe-100","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/re-energized-diversity-efforts-are-in-the-works-cpe-100\/","title":{"rendered":"Re-Energized Diversity Efforts Are in the Works: CPE 100"},"content":{"rendered":"

\"\"The nationwide conversation about diversity is infusing fresh energy into the commercial real estate industry\u2019s approach to the issue, a new CPE 100 Sentiment Survey shows.<\/p>\n

Half of executives surveyed see room for improvement, despite major strides in the industry\u2019s efforts. Nearly as many\u201443 percent\u2014go a step further, saying that the industry\u2019s efforts fall short and should be overhauled. Just 6 percent say that they consider the industry\u2019s current diversity programs to be adequate.<\/p>\n

\"\"That response is a key finding of the latest CPE 100 Sentiment Survey, which polls an invited group of industry leaders from a wide range of commercial real estate business areas on a quarterly basis.<\/p>\n

The CPE 100 also offered telling insights into strategies for enhancing diversity through recruitment. Asked to identify  the channels that they have found to be  effective, the largest number\u201463 percent\u2014cited employee referrals.<\/p>\n

\"\"Another approach that earns high marks is bringing young professionals into  commercial real estate at the outset of their careers. Outreach on college campuses was mentioned as an effective strategy by 50 percent of respondents.<\/p>\n

Action Plans<\/strong><\/h2>\n

In another striking finding, the survey strongly suggests that new measures to enhance diversity are on the way in the commercial real estate industry. The overwhelming majority of respondents\u201475 percent\u2014say they are already planning to expand their efforts in response to the events of the past several months. An additional 13 percent report that they are taking the preliminary step of reviewing current strategy and will consider changes.<\/p>\n

\"\"The new CPE 100 Sentiment Survey also provides a snapshot of how executives view current business prospects. Considering the challenges posed to the economy and the industry by the coronavirus crisis, respondents are surprisingly upbeat about the second half of 2020.<\/p>\n

More than six out of 10 expect the industry\u2019s overall health to be somewhat better six months from now than it is today. That represents something of a departure from the results of the first 2020 survey, which was conducted in February. At that time, 62 percent expected that conditions would be unchanged in six months.<\/p>\n

\"\"By significant majorities, the CPE 100 remain optimistic about both the performance of their own companies and what\u2019s ahead for the economy. In all, 69 percent predict that their businesses will be doing better in six months. Of that total, 19 percent go so far as to say that their firm\u2019s performance will be much better.<\/p>\n

The results offer an intriguing contrast with the year’s first CPE 100 survey. In early 2020, two thirds of respondents predicted that their company\u2019s performance would be unchanged six months in the future. Those earlier results suggested mild concerns that a possible recession would put a damper on growth, as opposed to the subsequent economic crisis brought on by the coronavirus.<\/p>\n

\"\"Yet even in the midst of today\u2019s economic challenges, 56 percent of respondents believe that general business conditions will be somewhat better six months from now. Only 13 percent say that they expect the economy to be worse. In this year\u2019s first survey, 69 percent of the CPE 100 predicted business conditions to be unchanged in six months.<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

A new survey of industry leaders sends the message that change is on the way.<\/p>\n","protected":false},"author":445,"featured_media":1004463388,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004463379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest"],"acf":[],"yoast_head":"\nRe-Energized Diversity Efforts Are in the Works: CPE 100 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/re-energized-diversity-efforts-are-in-the-works-cpe-100\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Re-Energized Diversity Efforts Are in the Works: CPE 100\" \/>\n<meta property=\"og:description\" content=\"A new survey of industry leaders sends the message that change is on the way.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/re-energized-diversity-efforts-are-in-the-works-cpe-100\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-15T19:22:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T16:53:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/720_Survey_Q2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Paul Rosta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/re-energized-diversity-efforts-are-in-the-works-cpe-100\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/re-energized-diversity-efforts-are-in-the-works-cpe-100\/\",\"name\":\"Re-Energized Diversity Efforts Are in the Works: CPE 100 - 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