Director, Real Estate & Asset(J101969)

Main Purpose and Job Scope

This job contributes to Starbucks success by leading the field new store development and assets management team in the acquisition and development of new sites, consistent with the Company's market planning, assets portfolio and investment goals. Manages review of company portfolio properties and recommends portfolio decisions for Starbucks. In the role of brand builder, elevates and strengthens Starbucks in new store development as well as existing portfolio optimization in a long term business view. Models and acts in accordance with Starbucks guiding principles.

Key Accountabilities

Responsibilities and essential job functions include but are not limited to the following

Leadership - Setting goals for the team members, developing organizational capability, and modeling how we work together:

◆ Identifies and communicates key responsibilities and practices to ensure the organization promotes a successful attitude, confidence in leadership, and teamwork to achieve business results.

◆ Supports the implementation of company programs, procedures, methods and practices to promote Starbucks key messages and achieve a competitive advantage.

Planning and Execution - Developing strategic and operational plans for the work group, managing execution, and measuring results:

◆ Develops and manages the budget for the department.

◆ Participate in strategic planning. Conducts market planning and penetration studies. Assists with cross functional teams with appropriate strategies and execution plans to achieve store opening, penetration and sales performance objectives.

◆ Optimizes the portfolio lifecycle management in fields, conducts the wise execution in lease renewal, reinvestment (expansion), relocation, closure and risk control. Pro-actively makes action plan for market uncertainty and lease expiration so as to constantly improve business benefits and accelerate the company’s healthy growth.

◆ Prepares, communicates and educates client groups and team on changes in policies and practices within the organization.

Business Requirements - Providing functional expertise and executing functional responsibilities

◆ Manages and provides direction for all aspects of new store development. Leads the team in the assessment and resolution of technical requirements, design requirements, legal, finance, lease and entitlement issues for potential property acquisitions.

◆ Strong at building relationship with developers/landlords, highly influence with Operations team, good at negotiate with legal, financial, design and construction partners, and governmental representatives. Bravely leads and involves in real estate site acquisition and development opportunities.

◆ Research new and existing real estate acquisition and development opportunities through team members, broker networks, new market surveys, visits and discussion with internal and external partners.

◆ Track performance goals and budget. Prepares management and pipeline reports and business plans. Compiles integrated market strategy report, post-analysis report and other special project reporting.

Partner Development & Team Building - Providing partners with coaching, feedback, and developmental opportunities and building effective teams:

◆ Challenges and inspires partners to achieve business results.

◆ Conducts and ensures the completion of performance reviews.

◆ Ensures partners adhere to legal and operational compliance requirements.

◆ Oversees training and development of partners directly and indirectly managed and makes effective staffing decisions.

◆ Provides coaching, direction and leadership support to team members in order to achieve partner, business and customer results.

Summary of Experience

• ◆ Planning, strategy development, project management and financial analysis 5 years
• ◆ Progressive experience in store development field in a branded retailing organization 5 years
• ◆ Progressive experience as a team leader, including strategic planning or business development 5 years
• ◆ Project management in chain store, retail or commercial projects 8 years
• ◆ Real estate deal making and negotiation experience 10 years

Required Knowledge, Skills and Abilities

• ◆ Ability to communicate clearly and concisely, both orally and in writing
• ◆ Strong presentation and negotiation skills
• ◆ Ability to apply sound business principles and practices to project management and change management processes
• ◆ Knowledge of real estate, development and asset management processes
• ◆ Organizational skills

Job Scope

◆ Direct Reports 6-10

Core Competencies

◆ Puts the Customer First: Have a relentless focus on the customer. Understands what the customer wants and how to best deliver the experience.

◆ Works Well with Others: Listen and communicates well with others within and outside of Starbucks. Create a team environment that is positive and productive.

◆ Leads Courageously: Take personal responsibility to do the right thing, and persists in times of challenge or uncertainty. Adapts quickly to change and makes timely, thoughtful decisions.

◆ Develops Continuously: Continuously seek opportunities to improve self and others. Leads with trust, honesty and commitment to hire, coach and develop partners to achieve their potential.

◆ Achieves Results: Understand what drives overall business success and is accountable to prioritize and deliver quality results. Demonstrate knowledge of core products and processes to get results. Anticipates obstacles and takes action to prevent or minimize their impact.