accordgroup.org.uk /value-for-money
Theme
Improve return
on investment/
assets
Objective: What has
Accord committed to?
Implementation:
What has been delivered?
Improve operational outlets and
assets (disposal/change of use/
continued investment) through
Active Asset Management.
n Strategic disposal of existing properties generating cash
proceeds of £3.7m to support the supply of new homes in
2015/16
n Disposal of 48 first tranche shared ownership and homes
built for sale generating proceeds of £3.0m in 2015/16
n Properties from which previously unviable services have
been delivered have been redeployed through a lease to a
third party service provider – these properties now make a
positive financial contribution
n Care and support properties have been recommissioned
for general needs purposes where care and support
services have been ended by commissioning partners
- these assets now ensure an ongoing positive financial
contribution whilst meeting housing need
n Through the disposal of 12 identified high costs voids
properties, £175,092 of asset management budgets have
been reassigned to the maintenance of existing high
quality homes, therefore further extending their useful
economic lives
n The Group’s Asset Disposal Strategy is owned by the
Executive which oversees strategic disposal decisions,
ensuring alignment to group business plan objectives and
deliverables
n During the year the Group saw improved sickness
and retention performance of 6% following a number of
HR initiatives
n As outlined above, back office staffing efficiencies of more
than £1m have been identified whilst ensuring the same level
of high quality support is provided to front line services.
Development, asset management
and other major investment
decisions are always clearly linked
to strategic business outcomes/
objectives.
Improve return on investment in
people – demonstrate increased
added value from our investment in
staff costs.
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Accord Group