2016/17 VFM targets
n Manage impact of rent reduction c£1.5m for Group for
2016/17
n Continued implementation of the strategic stock
investment and disposals process achieving 51
units of existing stock sold in line with business plan
expectations
n Exceed Board approved budget surplus
n Undertake an improvement programme focussed
on the efficiency and overall responsiveness of the
back office function. Efficiencies of £250,000 targeted
whilst to ensuring support to frontline operations are
maintained
n Further reduce office/ commercial building costs and
other associated overheads by at least £100,000 in
order to invest in new services for customers
n Further develop and grow the in house service
including voids working and increased delivery of
routine repairs
n Finalise already well-advanced plans to simplify the
Group’s governance and organisational structures,
delivering substantial efficiencies and further
improving the oversight of the Board and enhancing
decision making processes.
n Undertake a Board-led review of all non-core services
to ensure they make a positive financial contribution
or where the Board decide the service is required to
meet the aims and objectives of the organisation.
n Identify procurement efficiencies of £500,000 through
improved ordering processes and smarter buying
n Secure at least £1million of non-grant funding to
support the delivery of new services which contribute
a positive financial contribution.
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Accord Group