Finding Joy Amid the Shifting Herd


July 2026 Newsletter

Hi Reader,

Welcome to deep summer!

Artificial intelligence continues to dominate conversations across commercial real estate, and many of the most interesting discussions are transitioning from the technology to the leadership of the change it brings. Leaders are wrestling with the critical question: How do we help our teams navigate this change?

This month we explore that question through a lens from nature. Herds survive by moving together, yet periods of change stretch the herd as some move ahead, others hesitate, and many are stuck in the mire. Leadership cannot eliminate the uncertainty, but it can provide direction through it. That direction creates the conditions for people to move forward with confidence and, ultimately, find joy amid the change.

Big thanks to our trusted testing cohort for sharing their valuable feedback to make LeaseDOK better. If you would like to join the next round of trusted testers cohort, please send me an email.

Thank you for reading and for being part of the Feroce community. I am so glad that you are here.


Finding Joy Amid the Shifting Herd

Our teams are facing multiple pressures, stresses, and changes. Artificial intelligence is one of the most significant forces reshaping our daily lives.

As leaders, we have an opportunity to help our teams navigate this seismic shift. Not by pretending that the disruption is not real, but by helping people find joy in moving toward the future instead of fearing it.

Humans are wired to avoid pain and seek joy. We also find comfort and safety in numbers, which is why we naturally look to the herd for cues about how to respond during times of uncertainty.

Today, the shape of that herd is changing. It is stretching out and thinning in places.

Some people are sprinting forward, experimenting with new AI tools and discovering new ways to work. Others are hanging back, questioning whether these technologies are worth the investment or concerned about what they mean for the future. Most people find themselves somewhere in the middle, watching both groups, trying to decide when and how quickly to move.

The front of the herd is pulling ahead. The rear is falling back. The middle is becoming increasingly exposed.

For many people, the question becomes: Do I accelerate to catch up to the head of the pack, or shift down to remain with the rear guard? No need to judge either choice. Every individual is making a calculation based on experience, confidence, risk tolerance, and responsibilities.

Organizations and their leaders are making similar calculations.

Leaders cannot eliminate uncertainty. What they can do is reduce unnecessary fear. When people understand where they are going, why they matter, and how they contribute to the journey, they are far more likely to move toward the future than retreat from it.

That is where joy has room to emerge.

None of this dismisses the legitimate societal questions surrounding AI. We need thoughtful policy, governance, and public discussion about the capabilities, risks, and consequences of these technologies. Those conversations matter. And while those debates continue, leaders still have organizations to lead today.

What can we do now to help our team find joy while maneuvering through the shifting landscape?

Communicate the North Star

People can tolerate uncertainty far better than they can tolerate silence.

Share the destination. Explain the goals, the priorities, and what success looks like for the organization. The details will evolve, but a clearly articulated North Star provides direction when the path itself is still under construction.

Be Honest and Be Human

No leader has all the answers right now.

Tell your team what you know. Tell them what you do not know. Acknowledge the difficult issues that remain unresolved. Discuss the questions everyone is already asking quietly, including how AI may impact roles, responsibilities, and organizational structure.

Authenticity builds trust. Avoiding difficult conversations rarely does.

Bring People Into the Conversation

Change imposed feels very different from change experienced together.

Ask questions. Listen carefully.

Invite ideas from across the organization. The individuals closest to the work often have the clearest understanding of where AI can improve processes, eliminate repetitive tasks, or create unintended problems.

People support what they help create.

Create a Safe Place to Learn

Learning requires experimentation. Experimentation requires mistakes. If people fear embarrassment or punishment every time they try something new, they will stop trying altogether.

Create an environment where respectful disagreement is welcomed, lessons learned are shared openly, and curiosity is rewarded. Leaders cannot solve problems they never hear about.

Connect the Dots

Perhaps the most important responsibility of leadership is helping people understand why they matter.

Show each team member how their work contributes to the organization’s future. Explain how AI supports the mission rather than replacing the mission. Help people see themselves in tomorrow’s organization instead of wondering whether they still belong in it.

The role of leadership is not to eliminate uncertainty. It is to provide direction through uncertainty. When leaders provide that direction, they give people something worth moving toward.

If you are wondering where to begin, start small. Try these three things this month.

  1. First, go on a listening tour. Meet with small groups across different functions and ask how they are using AI today. What excites them? What concerns them? What barriers are they encountering? These conversations will reveal far more about your organization’s AI readiness than any survey ever will.
  2. Second, get educated. Whether it is a general AI course or one focused specifically on commercial real estate, invest time in understanding the technology. You do not need to become the technical expert. But do not abdicate leadership during one of the most significant technological shifts our industry has experienced. This is commercial real estate. We hire experts all the time. Learn enough to ask better questions and make better decisions.
  3. Finally, try the tools yourself. Subscribe to a paid version of ChatGPT, Claude, Copilot, or Gemini, follow your organization’s data security policies, and simply start using it. Ask it to help you prepare for a difficult conversation, organize a strategic planning session, summarize a report, or even build a shopping list for a summer barbecue.

During this time of exciting and terrifying change, set your team up to find joy. Help them move from spending most of their time looking in the rearview mirror, worried about the predator chasing them to looking forward to the horizon, anticipating what comes next.

What We Are Sharing

Plenty of leadership lessons to take from Napoleon's 1812 Invasion of Russia.

The emperor entered the invasion with 422,000 soldiers, returned in defeat with 10,000.

He lost most of them due to lack of necessary supplies, desertion, starvation, freezing, and the rest died on the battlefield.

When embarking on a new journey, like the incorporation of AI into your organization - resource it like your team's lives depend on it.

If you are going to march into battle with soldiers and horses, set them up for success.

🥗 Plan to feed them!
🦉 Hire the experts!
🗺️ Provide them with the battle plans, tell them where they are going!
🌟 Define success so they know their north star!

We can learn from the mistakes of Le Général Entrepreneur (The Contractor General) as Napoleon is remembered for starting but not finishing many projects.


Each quarter we get closer to seeing affordable electric pickup trucks driving down the road.

Slate Auto is on track to deliver a pickup that hits on all three cylinders:

Affordability.
Range.
Availability.

NYTimes, So This Is What a Bare-Bones, $25,000 Pickup Feels Like, Jamie Lincoln, 11 July 2026


As a leader, encourage your team to vote.

Make sure they know that voting is a priority that you support.

To be clear, this is not about supporting who they vote for. It is about supporting the act of participating.

Pay attention to the people around you. Is there a new team member? Has someone recently moved? Ask whether they have what they need to register and whether they know where to vote.

A story for you.

Early in my career, our leader strongly encouraged everyone on the team to vote. After that election, we were at a company dinner and he asked us to go around the table and share who we voted for.

And we did.
And it was weird.
And it was completely unnecessary if the goal was simply to encourage people to vote.

My lesson from that experience:

  1. Strongly encourage people to vote.
  2. Do not ask them to report out on their ballot selections.

Leadership is supporting participation, not requiring disclosure.


A Massachusetts school district is putting its electric school buses to work even when school is out for the summer.

Instead of sitting idle in a parking lot, the buses' batteries are being used as distributed energy storage through Vehicle-to-Grid (V2G) technology.

The concept is straightforward:

🔋 Charge the buses when electricity is cleaner and less expensive.
⚡ Feed power back to the grid when demand is higher and electricity is more valuable.
🏫 During the summer, when buses spend most of their time parked, the fleet becomes a network of large batteries that can help improve grid reliability.

Another example of the shift in perspective. These are no longer just school buses. They are transportation assets, energy assets, and resiliency assets.

Leverage change to build value.

Canary Media, In Massachusetts, parked EVs will start feeding the grid this summer, Sarah Shemkus, 3 June 2026

What We Are Reading

✨ WIRED, Home Batteries Aren't Just for Doomsday Preppers. Here's Why You Might Want One, Molly Taft, June 2026 – paired with balcony solar, oh the possibilities.

✨ Sustainable Cities and Society, Why Do Residents Still Drive and Travel Beyond High-Accessibility Neighborhoods? Examining the Challenges to the 15-Minute City Concept, Seung Jae Lieu and Subhrajit Guhathakurta, June 2026 – earning the commute from yet another perspective.

✨ Journal of Planning Education and Research, Pedestrianizing “School Streets” in Paris: Field Collection and Remote-Sensing Analysis of a Massive Street-Reclamation Project, Marcel Moran, February 2026 – les rues aux écoles (school streets) of Paris are beautiful and cool.


Where We Can Catch Up


About Feroce Real Estate Advisors

Feroce Real Estate Advisors works with forward-thinking real estate companies to leverage change and build value at the intersection of commercial real estate investment, sustainability, and technology. We guide clients through complex challenges, positioning their real estate and teams for success in our rapidly changing world.

Our work usually falls into one of these categories:

  • Fractional executive roles serving as head of asset management or portfolio management for growing real estate investment management companies.
  • Provide high value strategic advisory services with a focus on investment performance, organizational priorities, and technology deployments.
  • Advisory board roles with proptech organizations focused on high ROI solutions in operational improvement, decarbonization, and cleantech and renewables.

Our clients hire us when they are at an inflection point, faced with scaling up, repositioning portfolios, or maneuvering through complex decisions. We deliver clarity, structure, and momentum to take teams from reacting to proactively executing a plan that delivers measurable results. We bring the combination of institutional investment experience, real-world operating execution, and a future-oriented lens on technology and resilience.

Please reach out to connect:


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All the best,

Mandi

600 1st Ave, Ste 330 PMB 92768, Seattle, WA 98104-2246
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