Five Minutes With: Paul Grundy

The CEO of S&B Group shares his thoughts with CW

Paul Grundy, CEO of S&B Group.
Paul Grundy, CEO of S&B Group.

What does your role involve?
Managing the business end to end involves strategy, and all the usual elements it takes to run a business, but all of that is only possible when the people who make it happen day-to-day are engaged, inspired and empowered. That is an incredibly important part of my role, to enable staff to have the power to make decsions so others can thrive and grow.

What do you love most about your job?
Seeing people develop as managers and leaders within the business. We invest in our people across the organisation and work on their development. I love watching them practice new skills and bring new ideas, which often results in remarkable achievements. The staff are the key element and know things sometimes you will miss. So it's essential to listen to everyone's input no matter what level.

What has been your most memorable project and why?
Jumeirah Beach Residence and Burj Khalifa as they were our first major projects landed on the same day and were landmark projects for the UAE. Being involved from day one was very rewarding.

What is the most challenging thing about your job?
Managing cashlfow as this is one of the most difficult juggling acts in the UAE If the banks were more supportive in the range of financial services to businesses they offer here things may improve. But all the banks want to do is loan money. They don't see their involvement in engaging businesses and coming up with solutions for all, such as factoring etc.

Where do you see the construction industry in five years?
Hopefully still growing after the next big bid is announced. Possibly the Olympics? Why not? Qatar got the World Cup. Dubai and the UAE would be great for the Olympics and a lot of infrastructure is already in place to land that bid.

What do you like to do in your spare time?
I love to spend time with my family and the kids and also helping my son in his motor racing career. And also travelling to see new cities and countries.

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