Future Business

Functions necessary to implement strategies

1. Re-assess the Management Structure.

2. Appraise the staff performance and establish future potential and training needs.

3. Review Policies and Procedures in line with current guidelines.

4. Continue to improve internal audit monitoring systems.

5. Continue to budget for revenue surpluses.

6. Keep office overheads under regular review to ensure efficient utilisation of resources giving value for money service.

7. Maximise income by maintaining the current low level of arrears.

8 Review the impact of rent restructuring annually.

9. Regularly assess the use of assets in connection with capital and revenue subsidy to new developments and the impact upon the rent levels.

10. Keep under review the Borrowing Strategy for raising private finance for new developments.

11. Keep under review the Treasury Management Policy to ensure maximisation of investments.

12. Monitor monthly management accounts against development cash flow requirements.

13. Evaluate new business proposals with other organisations when these can be most effective.

14. Pursue partnership proposals with other organisations when these can be most effective.

15. Where necessary to buy in professional help from consultants in order to promote a new project for its success.

16. Consider the most effective ways of involving tenants effectively in the management process to encourage choice and ensure the continuation of a good quality of life.

17. Encourage membership of the Association and actively work towards increasing Board Membership.