Orchestrated Development Management
Our changing world scene demands new thinking. Delays, cost overruns, and cancellations are common, and can kill a project in any market. Forward planning, contingency scenarios and flexibility means the difference between success and failure. Importantly, true thought leadership will create a “newness” to the world existence.
TBG Innovative will manage large and small projects, developing and maintaining performance guidelines, conforming to practical specifications.
And… we take a property through renovation, refurbishing and repositioning to yield the most from the least, while minimizing the disruption to operations
Our goal in strategic project management is smooth sailing amidst the sticks & bricks…
GETTING IT RIGHT AT THE BEGINNING!
A well conceived & integrated approach from the beginning:
- Market Analysis and Visioning
- Positioning & Programming
- Innovative Design
- Costing & Investment Analyses
- Identify proper mode of operations
- What brand and/or independent?
HOW TO CREATE A PROPITIOUS NICHE?
Key Questions must be asked:
- Which elements will result in superior & distinctive experiences?
- Grab the guest’s soft spot!
- What will be important to current and future guests?
- What will enhance profits?
- How shall this positioning be communicated & delivered?
…a niche so well suited to its internal/external environment that no one is compelled to challenge or dislodge it.
Michael Porter – Harvard Business School
HOW MUCH WILL IT COST?
Total hard & soft costs will drive development:
- Expected Construction and FF&E Costs
- Development Cost Drivers
- Cost Escalation Trends
- Construction Cost Risks
- Tender documentation
- Change Orders/Cost Overruns
- Relevant Cost Benchmarks
RETURN ON CAPITAL? NO JOKE!
Key Economic Drivers Will Be The Future:
- Potential Investment Returns (NPV, IRR)
- Payback Period
- Profitability Index
- Economic & Qualitative Impacts
- Multiplier Effect
- Impact of cost & profitability variances