Capability/Gap Analysis | Organizational Design | Industry Benchmarking | G&A Cost Analysis
The Challenge
A vertically integrated REIT engaged RCLCO to conduct an organizational assessment of its construction division and determine how to optimize the department’s role within the organization.
Solution
RCLCO conducted interviews with internal construction and development associates to surface issues. Following these initial interviews RCLCO conducted an evaluation of topline performance and department expenses a 360 degree analysis of the construction industry profiled analogous companies. Additionally leveraging third-party academic reports and industry data to identify best practices.
Impact
In light of data demonstrating that the division underperformed best-in-class peers, the team was restructured to flatten the structure while identifying a national construction executive. In addition, we worked collaboratively with the management team to develop a deployment plan for new technologies and implement an enhanced training program.