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NOVEMBER 2014 
KEY METRICS / APPROACH 
TO MANAGE LARGE 
RESIDENTIAL PROPERTIES 
Presenter: Sathish Rajendran
CUSHMAN 
& 
WAKEFIELD 
1 
EVOLUTION OF LIVING STYLES 
• Keep warm in winters/cool in summers 
• Security at night 
• Water supply during the day 
• Where do I park my car? 
• Emergency lights during power cuts 
• Day and night security 
• Where do I keep my 3 cars? 
• 24/7 power supply & water 
• 24/7 security for 4 acres of township 
• Garbage disposal 
• And so many more! 
VILLAGE DWELLING 
SINGLE HOME DWELLING 
SMALL APARTMENTS 
LARGE APARTMENT COMPLEXES 
CHALLENGES INCREASED
CUSHMAN 
& 
WAKEFIELD 
2 
LARGE SOCIETY / TOWNSHIP – EXPECTATIONS TODAY 
TOP SAFETY AND 
SECURITY 
24/7 POWER SUPPLY & 
WATER 
EFFICIENT RESOURCE & 
VALUE ADDITIONS 
EFFICIENT GARBAGE 
DISPOSAL 
0 % BREAKDOWN OF 
EQUIPMENTS 
GREEN AND CLEAN 
LANDSCAPE 
EVENTS TO ENGAGE 
RESIDENTS 
STANDARD POLICIES AND 
PROCEDURES 
AND MANY MORE…….
CUSHMAN 
& 
WAKEFIELD 
3 
SERVICES FOR MANAGING LARGE SOCIETIES 
ELEVATOR POWER / WTP BUILDING 
GENERATOR 
EXTERNAL / 
FACADE 
CLEANING 
RENTS & CAM 
RECOVERY 
PLUMBING & STP 
COMMON AREA 
HOUSEKEEPING 
BUILDING SAFETY 
/ SECURITY 
LANDSCAPE & 
HORTICULTURE
CUSHMAN 
& 
WAKEFIELD 
4 
BASIC GUIDELINES FOR MANAGEMENT 
STEP 1 - Maintain day-to-day operations 
• Oversee the day to day operations, such as mail delivery, trash collection, common area 
maintenance, security, and fire safety. 
STEP 2 – Supervision of staff 
• Supervise the maintenance and janitorial staff, as well as other employees working in the building 
to make sure everyone is on the same page and functioning as a team. 
STEP 3 - Study local laws, regulations and bye-laws 
• Learn local fire and safety laws and regulations / society bye-laws to ensure compliance and 
create a safe and efficient environment for all residents and staff. 
STEP 4 - Communication with residents / MC / service partners 
• Communicate effectively with the residents, balancing their wants and needs with costs, as well as 
their complaints about other residents. 
• Set-up a communal area on the premises to encourage everyone to meet and talk with each other. 
STEP 5 – Cost Optimization 
• Identify means to help residents get the most out of their investment by optimizing costs while 
maintaining their standards of living.
CUSHMAN 
& 
WAKEFIELD 
5 
WHAT, WHO & HOW? 
PEOPLE, PROCESS, TECHNOLOGY, MEASUREMENTS 
WHAT? WHO? 
Management 
Committee 
Collaboration 
Towards 
Common Goal 
Supplier / 
Service 
Partners 
Residents 
(Owners/ 
Tenants) 
• Supervision techniques 
• Knowledge of laws, 
regulations & bye-laws 
• Communication skills 
• Diplomacy / Mediation 
• Quality v/s Cost
CUSHMAN 
& 
WAKEFIELD 
6 
WHAT, WHO & HOW? 
PEOPLE, PROCESS, TECHNOLOGY, MEASUREMENTS 
PROCESS TECHNOLOGY MEASUREMEN 
Standard Operating 
Procedures (S.O.P) 
• Process and procedures, defined 
scope of work and service levels 
• Best practises 
Guidelines / Dos and 
Don’ts 
• Resident welcome kit 
• Resident Fitouts 
• Resident Handbook 
Reports and MIS 
• Daily / Weekly reports & returns 
• Monthly review 
• Quarterly budget review 
• On-line reporting dashboards 
• Resident satisfaction survey 
Automation of Process 
• Time saver – cut down 
physical processes and 
increase in virtual 
interactions 
• Automation of processes 
• Instant information 
availability – 
mobiles/tablets 
• Real time Issue resolution 
• Enhanced communication 
between stakeholders 
• Data analysis to evaluate 
performance 
TS 
Key Indicators 
• Financial Management 
• Operational efficiencies 
• Critical Equipment 
Uptime 
• Health and Safety
WHAT IS MISSING 
?
CUSHMAN 
& 
WAKEFIELD 
8 
RESIDENT ENGAGEMENT 
Resident Engagement Activities 
• · Club House events 
• · Coaching Classes- Tennis, Basket Ball, Swimming, Skating etc 
• · Sports Competition- Basket Ball, Lawn Tennis, Snooker, Swimming etc 
• · Cooking & Baking Classes 
• · Painting Competition for Kids 
• · Quizzes & Educational games 
• · Dance Classes & Competition 
• · Festival Celebrations- Holi, Diwali, Onam, id etc 
• · Independence day, Republic Day celebrations 
• · Food Festivals, Fares & Mela’s 
• · Monthly Exhibitions & fares- Paintings, book fares, Street Market etc 
• · Go green/ Adopt a plant initiative 
• · Blood donation camps
CUSHMAN 
& 
WAKEFIELD 
9 
PRINCIPLES FOR BETTER COMMUNITY LIVING 
TOWARDS A 
COMMON GOAL 
RESPECT FOR 
BYE – LAWS 
WHAT IS 
IMPORTANT – 
QUALITY V/S 
COST 
LIFESPAN OF 
PROPERTY 
RESPONSIBILITY 
TO 
ENVIRONMENT 
RESPONSIBILITY 
TO SOCIETY/ 
NEIGHBORS 
ADOPTION TO 
BEST 
PRACTISES 
(TECHNOLOGY/P 
ROCESSES)
CUSHMAN 
& 
WAKEFIELD 
10 
THANK YOU 
Sathish Rajendran 
Associate Director 
Cushman & Wakefield 
www.cushmanwakefield.co.in

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Better Apartment Management Confrence - Key Metrics / Approach to manage Large Residential Properties

  • 1. NOVEMBER 2014 KEY METRICS / APPROACH TO MANAGE LARGE RESIDENTIAL PROPERTIES Presenter: Sathish Rajendran
  • 2. CUSHMAN & WAKEFIELD 1 EVOLUTION OF LIVING STYLES • Keep warm in winters/cool in summers • Security at night • Water supply during the day • Where do I park my car? • Emergency lights during power cuts • Day and night security • Where do I keep my 3 cars? • 24/7 power supply & water • 24/7 security for 4 acres of township • Garbage disposal • And so many more! VILLAGE DWELLING SINGLE HOME DWELLING SMALL APARTMENTS LARGE APARTMENT COMPLEXES CHALLENGES INCREASED
  • 3. CUSHMAN & WAKEFIELD 2 LARGE SOCIETY / TOWNSHIP – EXPECTATIONS TODAY TOP SAFETY AND SECURITY 24/7 POWER SUPPLY & WATER EFFICIENT RESOURCE & VALUE ADDITIONS EFFICIENT GARBAGE DISPOSAL 0 % BREAKDOWN OF EQUIPMENTS GREEN AND CLEAN LANDSCAPE EVENTS TO ENGAGE RESIDENTS STANDARD POLICIES AND PROCEDURES AND MANY MORE…….
  • 4. CUSHMAN & WAKEFIELD 3 SERVICES FOR MANAGING LARGE SOCIETIES ELEVATOR POWER / WTP BUILDING GENERATOR EXTERNAL / FACADE CLEANING RENTS & CAM RECOVERY PLUMBING & STP COMMON AREA HOUSEKEEPING BUILDING SAFETY / SECURITY LANDSCAPE & HORTICULTURE
  • 5. CUSHMAN & WAKEFIELD 4 BASIC GUIDELINES FOR MANAGEMENT STEP 1 - Maintain day-to-day operations • Oversee the day to day operations, such as mail delivery, trash collection, common area maintenance, security, and fire safety. STEP 2 – Supervision of staff • Supervise the maintenance and janitorial staff, as well as other employees working in the building to make sure everyone is on the same page and functioning as a team. STEP 3 - Study local laws, regulations and bye-laws • Learn local fire and safety laws and regulations / society bye-laws to ensure compliance and create a safe and efficient environment for all residents and staff. STEP 4 - Communication with residents / MC / service partners • Communicate effectively with the residents, balancing their wants and needs with costs, as well as their complaints about other residents. • Set-up a communal area on the premises to encourage everyone to meet and talk with each other. STEP 5 – Cost Optimization • Identify means to help residents get the most out of their investment by optimizing costs while maintaining their standards of living.
  • 6. CUSHMAN & WAKEFIELD 5 WHAT, WHO & HOW? PEOPLE, PROCESS, TECHNOLOGY, MEASUREMENTS WHAT? WHO? Management Committee Collaboration Towards Common Goal Supplier / Service Partners Residents (Owners/ Tenants) • Supervision techniques • Knowledge of laws, regulations & bye-laws • Communication skills • Diplomacy / Mediation • Quality v/s Cost
  • 7. CUSHMAN & WAKEFIELD 6 WHAT, WHO & HOW? PEOPLE, PROCESS, TECHNOLOGY, MEASUREMENTS PROCESS TECHNOLOGY MEASUREMEN Standard Operating Procedures (S.O.P) • Process and procedures, defined scope of work and service levels • Best practises Guidelines / Dos and Don’ts • Resident welcome kit • Resident Fitouts • Resident Handbook Reports and MIS • Daily / Weekly reports & returns • Monthly review • Quarterly budget review • On-line reporting dashboards • Resident satisfaction survey Automation of Process • Time saver – cut down physical processes and increase in virtual interactions • Automation of processes • Instant information availability – mobiles/tablets • Real time Issue resolution • Enhanced communication between stakeholders • Data analysis to evaluate performance TS Key Indicators • Financial Management • Operational efficiencies • Critical Equipment Uptime • Health and Safety
  • 9. CUSHMAN & WAKEFIELD 8 RESIDENT ENGAGEMENT Resident Engagement Activities • · Club House events • · Coaching Classes- Tennis, Basket Ball, Swimming, Skating etc • · Sports Competition- Basket Ball, Lawn Tennis, Snooker, Swimming etc • · Cooking & Baking Classes • · Painting Competition for Kids • · Quizzes & Educational games • · Dance Classes & Competition • · Festival Celebrations- Holi, Diwali, Onam, id etc • · Independence day, Republic Day celebrations • · Food Festivals, Fares & Mela’s • · Monthly Exhibitions & fares- Paintings, book fares, Street Market etc • · Go green/ Adopt a plant initiative • · Blood donation camps
  • 10. CUSHMAN & WAKEFIELD 9 PRINCIPLES FOR BETTER COMMUNITY LIVING TOWARDS A COMMON GOAL RESPECT FOR BYE – LAWS WHAT IS IMPORTANT – QUALITY V/S COST LIFESPAN OF PROPERTY RESPONSIBILITY TO ENVIRONMENT RESPONSIBILITY TO SOCIETY/ NEIGHBORS ADOPTION TO BEST PRACTISES (TECHNOLOGY/P ROCESSES)
  • 11. CUSHMAN & WAKEFIELD 10 THANK YOU Sathish Rajendran Associate Director Cushman & Wakefield www.cushmanwakefield.co.in