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DALLAS-The global financial meltdown is translating into an economic boon for experienced operations-type professionals, who are in far more demand than transactions-related peers. As the critical mass builds, workout specialists conceivably could be writing their own tickets after being let go by financial institutions.

"The quicker a bailout is in place, it will create a lot of activity and create a lot of jobs," says Rick Gillham, founder of an executive commercial real estate search firm, Gillham, Golbeck & Associates Inc. in Dallas. He says there is an undercurrent building for workout specialists, but so far the musical chairs has been focused on operations' professionals with years of experience, particularly in Dallas/Fort Worth. Corporate solutions pros have been in particularly high demand too.

Gillham says professionals who are moving around are winning their new roles with well-honed skill sets from years of experience, which have proven to be more valuable than ever before. "People want experience right now and anyone who has experienced a cycle like this. They want people who know how to maneuver in times like this," he tells GlobeSt.com. "There are enough people around who went through the 1980s that it will be a lot more efficient this time."