accordgroup.org.uk
Objective 3:
Good to Great
By 2021, we will:
Achieve increased turnover and surplus to plough
back into our work to support those most in need
Whilst demand for homes and services continues to
increase, the operating environment remains difficult
for many housing providers with welfare reforms,
government led policy initiatives such as rent reduction
and cost reduction programmes starting to impact.
The Accord Group remains financially robust and
viable securing just over £6million surplus 2015/16
(pre-IFRS implementation) to be deployed across
the Group into building more new homes. Along with
a turnover of £118 million and operating surplus of
£22million there is clear evidence that the Group is
well-positioned to grow further. Further work is taking
place on securing external funding to support services
such as EU bids in partnership with UK and European
organisations.
Improve existing stakeholder relationships and
seek out new links to help develop business
opportunities
Senior staff are represented on a range of influencing
groups both within the sector and externally e.g. West
Midlands NHF Executive Committee, Birmingham
Social Housing Partnership, West Midlands NHF
Regional Investment Group, NHF Governance Forum,
national OSM government advisory group, Black
Country Local Enterprise Partnership, local authority
groups. Staff are encouraged also to share contacts
and information which may be of help to other teams.
Use of social media such as Twitter and LinkedIn also
helps develop the profile of the business.
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Accord Group