How do you learn from successes and failures as a commercial leasing portfolio manager?

1 Define your objectives

Before you can learn from your outcomes, you need to have a clear idea of what you are trying to accomplish. What are your short-term and long-term targets for your portfolio? How do you measure your progress and performance? What are the key indicators and metrics that you use to evaluate your success? Having well-defined and realistic objectives will help you focus your efforts and track your results.

2 Analyze your data

Data is your best friend when it comes to learning from your experiences. You need to collect, organize, and interpret the data that reflects your portfolio's performance and the market conditions. You can use various tools and methods, such as spreadsheets, dashboards, reports, and analytics, to visualize and understand your data. You should also compare your data with your objectives, your peers, and your competitors, to identify your strengths and weaknesses, and to spot opportunities and threats.

3 Seek feedback

Another way to learn from your successes and failures is to seek feedback from different sources and perspectives. You can ask for feedback from your tenants, your colleagues, your supervisors, your mentors, and your clients. You can also conduct surveys, interviews, focus groups, or reviews, to gather more insights and opinions. Feedback can help you validate your assumptions, discover new ideas, improve your communication, and build trust and rapport.

4 Experiment and innovate

Learning from your experiences also means being willing to experiment and innovate. You should not be afraid to try new things, test new strategies, or explore new markets. You should also be open to learning from others, such as industry experts, best practices, case studies, or research. Experimenting and innovating can help you find new solutions, gain competitive advantage, and adapt to changing circumstances.

5 Reflect and adjust

Finally, learning from your successes and failures requires you to reflect and adjust. You should regularly review your actions, results, and feedback, and ask yourself what worked well, what did not work well, and what can be improved. You should also recognize and celebrate your achievements, acknowledge and learn from your mistakes, and set new goals and plans. Reflecting and adjusting can help you grow as a professional, enhance your performance, and achieve your objectives.

6 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?