LANGMEAD ASSOCIATESWLL
Nomination of Langmead Associates for GCC FM Consultancy of the Year
Why This Nomination Deserves to Win
We have developed a binary model of the property lifecycle that elevates FM into a clearly defined and prominent position as a profit centre. In the global model typically used to illustrate the property development process, 80% of the cycle is taken up by feasibility, design and construction. FM has no clear identity, and only 20% of the circumference, resulting in the industry being largely unrecognised and unacknowledged.
In our binary 8 model, FM is a bright star in an operations loop, whilst construction is a black hole in the implementation loop. Viewed as a 4-d, twisted mobius strip, there is a seamless, continuous and endless cycle whereby the importance of managing transitions between construction and operation is clearly depicted.
Using this model, we have developed a unique corporate governance system to rationalise, hibernate and revive stalled projects, defining a clear role for FM in maintenance, operation and management of stalled or unoccupied projects.
In order to determine the maximum cost benefit of hibernation scenarios, we have developed a suite of technologies that enable an investor to model and test “what-if” scenarios that can be tested and bench-marked against “do nothing”. Hibernation FM minimises risk and maximises return on investments.
Attachments
Corporate Profile Langmead Associates corporate profile, demonstrating a unique company vision that sees the entire property cycle from a business perspective.
Hybern-8 RHR Presentation of a systematic governance tool for lenders and investors to assess, manage, maintain and revive stalled projects
White paper, written in May 2009, describing the concept, identifying the issues, defining the consequences and identifying opportunitiesand possibilities for FM in a stagnating market.
The Quantum Theory of Property Development– storyboard for an animated presentation of the evolution of the concept of property development from a singularity to a 5-D model that demonstrates the role and importance of FM, the transitions of the property cycle, and a graphic depiction of the dynamics of stalled projects.
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