Annual Reports Keepmoat Homes Annual Report 2018 | Page 15

Strategic Report Making the most of our strengths The Group’s existing strengths support our growth ambitions: N  ational scale, local understanding. Keepmoat has successfully grown into a large national business with deep local roots and we intend to maintain that national and local approach. D  evelop our comprehensive offer. We have a broad set of skills ranging from developing partnerships with landowners, establishing supply chains, building houses and flats and supporting large-scale, housing-led regeneration. O  rganic growth. In the next five years we intend to increase the number of new houses we build for sale or rent by 50% – a major contribution to meeting the country’s housing needs. We want to build more and faster. M  arket and sector expansion. The need for more housing means we can bring our distinct approach to new markets:   Grow our core: Our core markets will remain first time buyer homes, and we will continue to work in partnership with local authorities and housing associations. We will continue to build our presence in this market   Enter new geographies: We continue to expand our offer into Scotland, the South West and South of England, where we have historically had little presence   Enter new sectors: We will enter new markets, so more housing opportunities will be created. We are expanding our home offer by introducing offsite manufacturing in to our developments, and are creating partnerships with financial organisations combined with our skills and capabilities to create new homes in the private rental sector. Keepmoat.com L  everaging our scale. We have grown mostly by financing and delivering small and medium sized housing programmes, whether homes for sale or new build for rent. Now, our national scale and financial strength together with the breadth of our experience, and depth of our skills and capabilities, mean we can compete to deliver a greater number of larger programmes and partnerships.   Shape more partnerships. At the heart of our growth will be deeper and broader partnerships with existing and new partners. That requires us to understand partners’ challenges and objectives, and develop ways to help them meet their goals whether economic – growth; social – tackling deprivation, improving health; environmental – reducing carbon consumption; financial – reducing operating costs; operational – improving customer service; or strategic – developing their housing portfolios. E  fficiency and effectiveness. As we grow bigger, we risk becoming less agile. We want the best of both worlds – being local and agile, almost like a small business can be. But we also want the benefits of being a large business such as professional rigour, quality, efficiency and effectiveness in winning and delivering work. That means we share what works well, and avoid duplication and unnecessary spend, as our customers expect. B  uilding our brand. To build more homes we will need more people to choose to work for us as colleagues or with us as suppliers and partners. That means we need to be better understood. Our audiences need to know what we do, how we do it and why we are both different, and better, than the competition. We need to further build our reputation and ensure that we understand our audiences’ concerns. 15