As one of the industry’s first female CEOs, Sadhana Smiles clearly remembers a time when the real estate industry had a glass ceiling.
Now the head of Real Estate Industry Partners and director of Harcourt’s Move, she notes that a lot has changed since then, but there’s still a long way to go. She says this was particularly evident at a recent real estate conference where discussions turned to the negative experiences many women have had in their real estate careers.
In this courageous conversation with Leanne Pilkington, Sadhana shares her personal journey as a leader, including how the industry can pave the way for greater diversity and more positive experiences for women in real estate in the future. .
She points out that there has never been a better time to address the issue and create safe and inviting work cultures, given that the property management industry has lost 25% of its workforce in the past two years. .
Here, she offers her perspective on how to improve workplace culture, including how the property management industry can attract and retain great talent, as well as how women can be more encouraged to take on high-level real estate positions.
She offers her perspective on the healthy conversations all real estate businesses need to have knowing that the behavior you walk past is what you accept, and says now is the time to draw a line in the sand to get away with it. ensure that women have found each other in 30 years. there are no repeats in the future.
“The worst thing you can do is when a woman walks up to you and says, ‘I’ve had this problem at the company’ and the manager turns around and says, ‘Oh, but that no one thought so.” We need to create a safe place for women to have environments where they feel they can go talk to someone, raise an issue and they will be protected. – Sadhana smiled.
Sadhana and Leanne also discuss:
- How real estate businesses can attract and retain great talent, especially in property management.
- Why does creating a great workplace and keeping great people mean leaders asking themselves, “Do I have the right environment?” “.
- How to make your work environment more inviting and ensure the experience is worth more than the money that staff might get elsewhere.
- Sadhana’s experience as one of the first female leaders in the real estate industry, and what she hopes has changed in the years since.
- Why Sadhana thinks there shouldn’t be female-specific awards and how she hopes women in the industry will be celebrated in the future.
- How more women can break the glass ceiling and why leaders need to consider who they encourage into leadership positions.
- The conversations businesses and real estate leaders need to have to create greater diversity and safety in the industry.
- How leaders can draw a line in the sand and hold people accountable for bad behavior to change the industry in the future.
And much more…
Links and resources mentioned
Connect with Sadhana
Connect with Leanne