The HP Inc. Director of Real Estate Strategy and Transactions (RES&T) organization leads the development of the company’s real estate strategy, business relationship management, capacity planning, and the execution of real estate transactions driven by the strategy.
The mission is to deliver highly impactful real estate strategies, planning services and transactions implementation that create competitive advantage for HP Inc. businesses now and over time. The role will manage a team of internal real estate professionals and external strategic suppliers to achieve the team’s objectives.
Key Responsibilities
Global real estate portfolio performance management, strategic planning, lease administration, lease negotiations supporting all HP Inc. businesses and functions.
Partner with senior business leaders to create and execute an HP Inc. location strategy.
Create strategic plans at the country, metro and site level that optimize HP Inc’s facilities footprint and align with current and future business needs
Work collaboratively within Global Real Estate, business, and other functional teams to ensure real estate strategies and executed plans incorporate agreed stakeholder needs.
Develop business justifications and recommendations for all real estate projects and effectively articulate these to executive management.
Execute the acquisition and disposition of all HP Inc. owned and leased properties, including financial analysis, market information, offering terms and conditions, marketing materials, contract review, negotiation and project management.
Evaluate real estate portfolios of potential HP Inc acquisitions or divestitures during the due diligence period and develop facilities integration plans.
Identify best-in-class industry benchmarking standards and key metrics and set appropriate goals to ensure these standards and metrics are met or exceeded to optimize real estate portfolio performance.
Manage current real estate assets through a proactive approach by anticipating lease renewals and terminations and all critical dates, lowering and auditing operating expenses, managing subleases and collecting sublease rents, coordinating landlord approval of alterations, completing estoppels certificates, paying rents and property taxes on a timely basis, and assisting in property tax appeals.
Provide financial leadership and accountability in managing operational expenses, one-time project expenses, and capital asset replacement budgets in the development of facilities plans.
Establish and maintain excellent relationships with internal customers, senior and executive management, legal, tax, risk management, landlords, vendors, consultants, and outside brokers. Work closely with senior business leaders to develop real estate and location strategies.
Lead a team of internal and external professionals to deliver efficient and effective real estate plans, including all aspects of people and performance management.
Desired Skills and Experience
Candidate Overview
12+ years business experience with functional experience spanning strategic planning, facilities management, real estate transactions, financial analysis, project execution, and supplier management.
Seasoned tenure in global corporate real estate encompassing the management of a diverse global portfolio across both leased and owned properties.
Major multi-national organizational experience and experience working in a matrix reporting structure with multiple business lines and driving transformational enterprise-wide change initiatives.
Demonstrated ability to build strong team relationships and to recognize and capitalize on organizational synergies.
Successful experience in delivering against aggressive timelines, continuous change, and challenging expectations.
Strong preference for expertise in location strategy, lease contracts, financial analysis, cost management and employee productivity.
Bachelor's degree in Business, Engineering, Facilities Management or related field; Master’s Degree preferred.
Key Leadership Characteristics
Strategic Thinking and Planning - Must be comfortable working both at the conceptual and detailed levels, so that they can make informed decisions and work effectively with senior business leaders, technical experts and cross-functional teams demonstrating deep functional knowledge and business acumen.
Relationship Building - Ability to build key relationships inside and outside of organization to ensure partnership at all levels of leadership.
Influencing- Seeks to understand the level, needs, concerns, hot-buttons, and interests of the audience prior to delivering messages or conveying ideas. Does not invoke position authority to compel business leaders to follow his/her lead.
Motivating/Developing Talent - An orientation towards coaching and mentoring others in real time; takes time to get to know their team and addresses each individual's specific motivators; able to connect with and relate to multiple cultures.
Communication- Clearly and effectively communicates with the organization, ensuring that the organization's strategic priorities continue to be understood and implemented at every level.
Goal Accountability - Ability to develop clear goals, track and manage progress, and deliver consistent results are baseline qualities for GRE leaders.
Decisiveness - Proactive in terms of decision making instead of always reacting to actions.
Innovative - Thinks of new ways to complete tasks and solution against business need
Risk Taking - Ability to balance taking some risk around doing things differently without putting the company at a huge risk.
Listening and Receptivity - Listens to others, asks questions to learn from others; Is inclusive in communications with others, seeks to involve and collaborate with employees/ teams.
Collaborative & Flexible - Motivated, strong interpersonal skills/team player who is able to accept direct feedback.
Geographic Diversity - Ability to adapt and relate to a global, diverse and multi-cultural environment.
External Perspective - Understands the business drivers, requirements and strategic priorities of key customers.
HP Leadership Attributes:
The candidate must exhibit these HP leadership attributes:
Always Accountable. Commits and delivers with integrity, transparency and quality. Makes timely decisions and takes action.
Will to Win. Demonstrates urgency, taking thoughtful risks. Keeps it simple, lean & efficient.
Passion for Customers. Acts as a trusted partner, providing relevant advice. Integrates innovation and quality to fulfill customer needs.
Highly Capable and Innovative. Solves complex problems with innovative products & solutions. Strives for continuous improvement & quickly adapts to changes.
People and Team Developer. Values and develops employees to be highly successful. Puts One HP first and collaborates to create business value
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