Page 7 - Mall Management

Finance Management: Finance planning of a mall is very important to understand the
viability of the project. The size of the structure does not ensure profits – proper financial
planning, cost control measures, resource allocation and quality operations should be
inculcated in the finance planning. Long term costs and profits have to be looked into.
Transperancy in contracts and profit sharing deals is a must too.

Audits and Research : Lack of participation of stakeholders.Magnitude of work not planned in
intial costs by developer,Fragmented ownership,Lack of knowledge base and reference points

Planning Selling
Fragmented Ownership fragmented ownership
Shortsightedness of Developer Lack of prior experience of stakeholders
Free stand decisions Existing local markets
Lack of supporting Infrastructure Incompleteness of shoppers experience
Lack of trained and Experienced Manpower Perception -High rentals ,costly products
Lack of feasibilty / market reserch prior to the Poor finance planning
development Lack of trained and Experienced Manpower
Lack of prior experience of stakeholders Demograhic mix of society

Mall Management
Issues

Operations Audits and Research
Fragmented ownerhip Lack of participation of stakeholders
Lack of trained manpower Magnitude of work not planned in intial costs by
Lack of knowlegde of magnitude of work developer
Wrong product mix - Fragmented ownership
High Operational Costs Lack of kowledge base and reference points
Low standards of service Lack of will
Developers lack of participation Lack of Professional management and manpower
Low Occupancy of shops
High footfall
Poor traffic managment