How can you use self-assessment to improve your Corporate Real Estate skills?

1 Assess your current skills

The first step is to assess your current skills and competencies in relation to your role and responsibilities in CRE. You can use various methods, such as feedback from others, online tests, self-rating scales, or portfolios of your work. The key is to be honest, objective, and comprehensive. You should cover both technical and soft skills, such as market analysis, financial modeling, negotiation, communication, and problem-solving. You should also consider the level of proficiency and relevance of each skill for your current and future projects.

2 Identify your gaps and opportunities

The next step is to identify your gaps and opportunities for improvement based on your self-assessment. You should prioritize the skills that are most important and relevant for your career goals and aspirations. You should also consider the feedback and expectations of your clients, employers, and industry. For example, if you want to advance to a senior or leadership position in CRE, you may need to improve your skills in strategic planning, team management, or client relationship. Alternatively, if you want to diversify your portfolio or enter a new market, you may need to learn new skills in research, technology, or sustainability.

3 Set your learning goals and action plan

The third step is to set your learning goals and action plan based on your gaps and opportunities. You should make your goals specific, measurable, achievable, relevant, and time-bound (SMART). You should also outline the actions and resources you will use to achieve your goals. For example, you may decide to enroll in a training course, read a book, watch a webinar, or seek a mentor. You should also allocate time and budget for your learning activities and monitor your progress regularly.

4 Evaluate your outcomes and feedback

The final step is to evaluate your outcomes and feedback based on your learning goals and action plan. You should measure the impact and results of your learning activities on your skills and performance. You should also seek feedback from others, such as your clients, employers, peers, or mentors. You should use the feedback to reflect on your strengths and areas for improvement, as well as to celebrate your achievements and recognize your efforts. You should also update your self-assessment and learning goals based on your outcomes and feedback.

5 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?