PERFORMANCE AGAINST TARGETS
We said... we did.
In 2016 Accord set the following commitments and the table below outlines progress made to meet those commitments:
VFM targets 2016
Manage impact of rent reduction c£1.5m for Group for 2016/17
Continued implementation of the strategic stock investment and disposals process
achieving 51 units of existing stock sold in line with business plan expectations
Progress
3
3
Exceed Board approved budget surplus 3
Undertake an improvement programme focussed on the efficiency and overall
responsiveness of the back office function. Efficiencies of £250,000 targeted whilst
ensuring support to front-line operations are maintained 3
Further reduce office/ commercial building costs and other associated overheads by at
least £100,000 in order to invest in new services for customers 3
Further develop and grow the in house service including voids working and increased
delivery of routine repairs 3
Finalise already well-advanced plans to simplify Accord’s governance and organisational
structures, delivering substantial efficiencies and further improving the oversight of the
Board and enhancing decision making processes. 3
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. 3
Identify procurement efficiencies of £500,000 through improved ordering processes and
smarter buying 3
Secure at least £1million of non-grant funding to support the delivery of new services
which contribute a positive financial contribution. 3
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Accord Housing Association