In today’s dynamic world of real estate, strong leadership isn’t just about numbers and strategy—it’s about fostering a culture of inclusion, empathy, and growth. The latest episode of the “What Moves Her” podcast brings to light these essential qualities through a heartfelt conversation with Roger Favano, the Chief Financial Officer for the owned brokerage and franchise segments at Anywhere Real Estate. With a wealth of experience in both finance and leadership, Roger offers a unique perspective on how embracing empathy and accountability can shape an organization’s culture and drive success.
Leading with Empathy: A Lesson from Home
Roger Favano’s journey into empathetic leadership began long before his tenure at Anywhere Real Estate. He attributes much of his compassionate approach to his upbringing, particularly the influence of his mother, who taught him the power of accountability and the belief that “you can always fix it.” Her nurturing as a nurse instilled in Roger the values of kindness, thoughtfulness, and the idea that genuine care is at the heart of effective leadership.
These early lessons have profoundly shaped Roger’s career, helping him break down the perceived barriers between finance and other departments. His approachable style encourages open communication, making it easier for colleagues to collaborate and find solutions. By focusing on creating a judgment-free, inclusive environment, Roger demonstrates that finance professionals can be partners in growth, not just gatekeepers of budgets.
Building a Culture of Inclusion at Anywhere Real Estate
At Anywhere Real Estate, the culture is built on a foundation of empathy, diversity, and inclusion—values that are championed by Roger and his team. With women comprising 60% of his team, Roger emphasizes the importance of diverse perspectives in fostering creativity and innovation. By supporting initiatives like employee resource groups (ERGs), he offers team members opportunities to connect, share experiences, and develop leadership skills.
Roger highlights the critical role women play in the success of his team. Leaders like Sherry Imperiali, Joanne Orsini, and Jillian Tai bring unique talents and strengths to the table, enhancing the team’s overall effectiveness. Roger underscores that without stereotyping, empathy is often a key strength brought forward by women in leadership, contributing to a more supportive and dynamic workplace.
Championing Financial Literacy and Empowerment
Financial literacy is crucial for personal and professional growth, and Roger is a strong advocate for providing resources to help young leaders, especially women, become more financially savvy. According to Bankrate, 62% of working women are behind on retirement savings, underscoring the importance of financial education. Roger encourages his team and others to leverage platforms like LinkedIn Learning and to seek advice from trusted financial advisors to build their knowledge and confidence in managing finances.
He believes that empowering individuals with financial literacy is not just about securing their future but also about fostering a sense of independence and self-reliance. For Roger, it’s essential that his daughters and other young professionals understand that financial knowledge is a critical component of their success and stability in life.
Fostering the Next Generation of Leaders
Roger Favano’s dedication to fostering the next generation of leaders is evident in his commitment to the “What Moves Her” mission. Recognizing the importance of having male allies, he was one of the first men to support the initiative wholeheartedly. Roger believes that for any movement advocating for women in the workplace to be successful, it must involve all genders. By encouraging male colleagues to engage and support the mission, he helps bridge the gap and ensures a broader impact.
His daughters, both strong and ambitious professionals in their own right, reflect the values Roger holds dear. They have taught him valuable lessons about determination, empathy, and the importance of being true to oneself. This perspective informs his approach to leadership, where he champions authenticity and encourages others to bring their best selves to work.
Simplifying Complexities: A Key to Effective Leadership
Roger also shares valuable insights into navigating the complexities of finance and leadership. His approach to keeping things simple—breaking down complex issues into understandable terms—has not only demystified financial processes at Anywhere Real Estate but has also made them more accessible and engaging for all team members. By focusing on clarity and transparency, Roger empowers his colleagues to make informed decisions that drive the company’s success.
This method of simplifying the complexities aligns perfectly with the mission at Coldwell Banker Realty and other brands under the Anywhere Real Estate umbrella. It demonstrates how thoughtful leadership can create a more inclusive and effective work environment, where every team member feels valued and heard.
Final Thoughts: Be an Ambassador for Your Team
Roger Favano leaves the audience with a powerful message: be an ambassador for your team, your company, and yourself. In an ever-changing industry like real estate, the choice to show up as your authentic self and bring your best to every situation is what defines a true leader. It’s about creating a workplace where everyone feels empowered to contribute, innovate, and grow.
As Roger continues to support the “What Moves Her” initiative, his commitment to making the women in his life proud—whether at home or in the office—serves as an inspiration for all. Coldwell Banker Realty and other brands under the Anywhere Real Estate umbrella are fortunate to have such a dedicated and empathetic leader, helping to pave the way for a more inclusive and supportive industry.
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