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Urban Living Revolution
At Sharp Minds, our impact is best demonstrated by the challenges we overcome on some of the world’s most ambitious projects.
When a top consulting firm requested our talented consultants for an acclaimed mega-project in the Middle East, we were eager to get involved. Their goal was to craft and implement a dynamic Public Realm strategy to optimize the socio-economic value of the project’s open spaces, circulation spaces, and marina promenade.
By developing a comprehensive strategy with long-term objectives, funding and monetization pathways, performance-driven KPIs, and execution plans, our experienced consultants demystified the path to successful implementation.
With a proven track record navigating projects of any scale, our consultants at Sharp Minds bridge the gap between ambitions and actions. For inquiries, we are available via phone at +971 50 208 7537 or email at joerg@sharpminds.io.
Challenge
At the beginning of the project, several key planning, implementation, and governance challenges came to light. While our client had general project requirements in mind, they hadn’t developed a structured approach with specific objectives to act on.
Our client also lacked a Full Business Case (FBC) and Asset Business Case (ABC) to adequately outline the project’s strategic direction and progression. Recognizing the value of these strategic deliverables, our consultants had a clear starting point.
Solution
To craft an informed strategy, our consultants began by assessing the project documentation and interviewing key stakeholders. From there, they identified 10 dimensions to build the Public Realm strategy, including the value proposition for each target segment, the overarching governance structure, and the implementation roadmap.
These dimensions served as a valuable resource to build the FBC. By assessing the project’s socio-economic value, such as the commercial and financial aspects of the project, we pinpointed the project’s viability and sustainability from several vantage points. We then leveraged the FBC to fine-tune the ABC with three key assets in mind: the open spaces, circulation spaces, and marina promenade. By drilling down the FBC onto the asset level, we presented more actionable and useful assessments. Through these tailored solutions, we made a definitive positive impact on the project’s trajectory.
Impact
Through our Public Realm Strategy, FBC, and ABC, we redefined how our client will implement the mega-project. Now, our client has specific initiatives to navigate the first phase of their launch. They also have strategic objectives and KPIs to stay on track along the way.
With the shared goal of driving higher socio-economic value for the Public Realm, our consultants have equipped the project’s key decision-makers with the optimal strategy. Meanwhile, they have a comprehensive assessment to forecast and execute each asset’s financial feasibility while mitigating the risk of overruns and funding shortfalls.
Having guided highly successful projects across industries, our consultants at Sharp Minds are uniquely positioned to solve challenges of every size and complexity. We believe in taking a collaborative approach that instills confidence in your decisions. To get in touch, we invite you to contact us via phone at +971 50 208 7537 or email at joerg@sharpminds.io.
