CASE STUDY · FEC-C01 · REAL ESTATE GROUP · GULF REGION (GCC)

Growing a real estate group without growing its problems.

The planGrow the property business and its building-care side (facilities) with new investment money, without making the problems already inside the company bigger.

SECTOR
Real estate and building care (facilities)
REGION
Gulf region (GCC)
THE AGREED WORK
OPERATING JUDGMENTAGREED CHANGESAGREED BUILDSCHECK AND KEEP WATCHING

WHY IT MADE SENSE, AND WHAT WAS IN THE WAY

The company had a solid place in its market and steady revenue. The direction was right.

But the company was not built to move in any direction without things breaking. Growing on top of that would have made every problem bigger.

8 of 9parts of the business we examined were not ready for what the plan would ask of them.

The company, before and after

Scroll to see how the company worked, what would have stopped the plan, what changed, and how it works now.

WHO DECIDES · AND HOW WORK IS TRACKEDFOUNDEREVERY BIG DECISION GOES TO THE FOUNDERONLY WHAT MANAGERSCAN'T DECIDE GOES UPGENERAL MANAGERDECISIONS · MOVED CLOSER TO THE WORKSALES & BOOKINGENQUIRYVIEWINGBY HANDCUSTOMERS LOST BEFORE THE VIEWINGENQUIRYRESERVATION FEEVIEWINGPROPERTY CHOSENDEAL DONEEVERY BOOKING RECORDEDBOOKING · MADE DIGITALMAINTENANCEREQUESTWORKREQUESTS TAKING ABOUT 2 MONTHS TO FIXREQUESTASSIGNEDTRACKEDCOMPLETEDCHECKED, THEN CLOSEDLATE JOB ALERTMAINTENANCE SOFTWARE · BUILTSTORAGEITEM TAKEN OUTNO RECORDITEMS TAKEN WITH NO RECORD · BUYING FROM MEMORYITEM TAKEN OUTSCANPERSON + JOBMATCHED TO RECORDSRECORDEDSTOCK-TRACKING SOFTWARE · BUILTEVERY ITEM TAKEN OUT LINKED TO A JOBBUYINGBUYING · NOW RUN BY FINANCE & OPERATIONSFROM MEMORYBUYACTUAL USEREORDERBUYFINANCE & OPERATIONSHR & LEGALONE PERSON · COVERING IT ON THE SIDEONE OVERLOADED HR & LEGAL ROLEHR & LEGALMANAGERCONTRACTS & COMPLIANCEOFFICERJUNIOR HR & LEGALASSOCIATEHR & LEGAL · BUILT
HOW THE COMPANY WORKED, BEFORE AND AFTER · DRAWN FROM OUR RECORDS OF THE WORK
  1. 01Before
  2. 02The problems
  3. 03The changes
  4. 04After

What we found

The plan to grow made sense. The problem was inside the company: 8 of the 9 areas of the business we checked were not ready for what the plan would ask of them.

What we changed and built

What FEC leaves behind: what was there before, how it works now, and who runs it.

  1. 01DECISIONS · MOVED CLOSER TO THE WORK

    WHAT WAS THERE BEFORE

    Most decisions went through the founder, and managers had not been told what they could decide.

    HOW IT WORKS NOW

    We set up a clear chain of managers: Chief Executive → General Manager → Department Heads → Teams. Each level was told in writing what it could decide by itself and what it had to pass up to the level above.

    WHO RUNS IT NOW

    Each level, from Chief Executive to the teams, decides within its written limits.

  2. 02MAINTENANCE SOFTWARE · BUILT

    WHAT WAS THERE BEFORE

    Repair requests were not tracked anywhere, and took about two months to fix.

    HOW IT WORKS NOW

    We built maintenance software made for this job and put it into use. Every request was recorded, given to someone, followed, finished and checked before it could be closed. Late jobs set off alerts, and the company could now measure how well each technician was doing.

    WHO RUNS IT NOW

    The maintenance team: every job is given out through the software, and each technician's work is measured by it.

  3. 03STOCK-TRACKING SOFTWARE · BUILT

    WHAT WAS THERE BEFORE

    The storeroom and buying ran mostly from memory, and items were taken out with no record.

    HOW IT WORKS NOW

    We built stock-tracking software that uses barcodes, and put it into use. Every item taken out of the storeroom was linked to the person who took it and the job it was for. Buying could now be based on what was really used instead of memory.

    WHO RUNS IT NOW

    Finance & Operations runs buying, based on what the records show was used.

  4. 04BOOKING · MADE DIGITAL

    WHAT WAS THERE BEFORE

    Bookings were done by hand, and many customers dropped out before the viewing.

    HOW IT WORKS NOW

    Booking by hand was replaced with a digital booking process. Customers paid a reservation fee (a payment to hold their place) before the viewing, and every booking could be followed from that payment until the deal was done.

  5. 05HR & LEGAL · BUILT

    WHAT WAS THERE BEFORE

    One overloaded role handled all HR and legal work.

    HOW IT WORKS NOW

    The one overloaded role became three clear jobs: HR & Legal Manager, Contracts & Compliance Officer (compliance means making sure the company follows the rules and laws), and Junior HR & Legal Associate.

    WHO RUNS IT NOW

    The three new roles, each with its own part of the work.

  6. 0635 PROCEDURES · WRITTEN

    WHAT WAS THERE BEFORE

    Nothing was written down. Important work depended on whoever remembered how to do it.

    HOW IT WORKS NOW

    We wrote 35 step-by-step procedures (15 core procedures and 20 management procedures). Each one sets out what the work is for, the steps, what done properly looks like at each step, where to pass a problem up, and why each step is there.

    WHO RUNS IT NOW

    Whoever does the job, because the steps no longer live in one person's head.

  7. 07TARGETS FOR EVERY ROLE · SET

    WHAT WAS THERE BEFORE

    Managers had not been told how their work would be measured.

    HOW IT WORKS NOW

    Every role was given a clear minimum standard it can be measured against, with an automatic alert when it is missed. Daily reports show maintenance jobs, bookings, stock and buying. Weekly reports show how each role is doing.

    WHO RUNS IT NOW

    The managers, from the daily and weekly reports.

Results

Time to fix a maintenance request

About 2 monthsDATED REQUESTS + EXCEL RECORDS, CONFIRMED BY MANAGEMENT

48 hoursMAINTENANCE SOFTWARE RECORDS

Before the changes, maintenance requests were sitting open for roughly two months. After the new software and way of working went live, the normal time from request to fix came down to 48 hours.

What changed:

Request → given to a technician → followed → finished → checked.

The people did not suddenly become better technicians. What changed was how the work was handed out, followed and checked.

Material cost

No reliable, up-to-date record of stock

32% lower over 5 monthsAbout $230K saved a year, at that rateSTOCK SOFTWARE RECORDS + PURCHASE RECORDS

Material costs fell 32% over the five months we measured. The company bought the same amount as before, so the saving did not come simply from buying less.

The saving came from three things together: tighter control of stock, stopping items being used without a record, and lower prices from suppliers. The evidence we have does not show that the software alone produced the full $230K saving.

Revenue, 3 months before and after

The 3 months beforeFINANCIAL STATEMENTS

38% higherFINANCIAL STATEMENTS

Revenue in the 3 months after the new booking process went live was 38% higher than in the 3 months before. This is a before and after observation, not FEC's result alone. The number of properties stayed the same, and there was no paid marketing.

Rents in the market also went up during those months, and some properties came back into use. The share that came from the new booking process cannot be separated out.

More results from our work with this company

Stock theft
Items taken with no record → Zero items taken without matching records
BARCODE CHECK RECORDS
Booking speed
37% faster
MANAGEMENT'S MEMORY → SALES SOFTWARE RECORDS
Customer satisfaction
48% higher
TENANT SURVEYS, BEFORE AND AFTER
Staff job satisfaction
73% higher over 6 months
SURVEY OF ALL STAFF
Founder micromanagement (stepping into small, everyday details)
58% less
SEEN ON SITE BY FEC + STAFF INTERVIEWS

How we know

Every number on this page, where it comes from, and what it cannot prove.

SOURCEWHAT IT SHOWSWHAT IT CANNOT PROVE
MAINTENANCE SOFTWARE RECORDSThe 48-hour time to fix a request.–
DATED REQUESTS + EXCEL RECORDS, CONFIRMED BY MANAGEMENTThe starting point of about 2 months.There was no tracking system before, so this rests on dated requests and spreadsheets.
STOCK SOFTWARE + PURCHASE RECORDSMaterial cost 32% lower over 5 months, about $230K a year.The starting level was estimated, because nothing was tracked before. Lower supplier prices also helped.
FINANCIAL STATEMENTSRevenue 38% higher over 3 months.Market rents and properties coming back into use also added to it.
TENANT SURVEYSCustomer satisfaction 48% higher, before and after.–
SURVEY OF ALL STAFFStaff job satisfaction 73% higher over 6 months.–
SEEN ON SITE BY FEC + STAFF INTERVIEWSFounder micromanagement 58% less, measured the same way at the start and the end.–
SALES SOFTWARE RECORDSBooking 37% faster.The old booking speed comes from management's memory.

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