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This gives the regulator and our lenders confidence in the long term viability of the business. The plan is reviewed annually to reflect the ongoing development of the corporate strategy and reflects several key factors. These are:
The Group believes it has the underlying financial stability to continue its strategy to continue to grow and to deliver excellent customer service. Delivering a programme of cost savings as part of the overall business transformation can mitigate some of the effects of these factors. Ultimately, the business plan shows the Group to be in good financial health with capacity to make strategic decisions to ensure it maintains its position as a developer of mixed-tenure housing.
Our decisions and priorities over the coming few years are driven by our Corporate Strategy.
Our new Corporate Plan 2021-2024
We’ll be responding to this by focusing on five key areas that make up our strategic objectives:
We’ve developed the plan with help from our Directors, EMT and Board and we've also used resident feedback and engaged with residents in developing our ideas.
Our plans for the next few years have also been heavily influenced by our operating environment. This includes:
The impact of and recovery from the pandemic; new building safety laws to make homes safe; the need to increase energy efficiency and move towards zero carbon, making homes more sustainable; changes to supply chains and the economy after leaving the EU; the wider ongoing housing crisis; a growing momentum to acknowledge and address inequality; changing social housing regulation in the Social Housing White Paper; long term funding issues in public services and housing and our own financial security after four years of rent reductions.
The new Corporate Plan
We’ll be responding to this by focusing on five key areas that make up our strategic objectives:
To read the plan in full download a copy here (10.3MB)
We are a part of g15, a group made up of 15 of London's largest housing associations.
g15 provides homes for one in 10 Londoners and works to solve the housing crisis by delivering good quality, affordable homes of all types.
For more information, visit the g15 website.
Triathlon Homes is the partnership between Southern Housing Group, L&Q (who absorbed East Thames) and developers First Base, and is responsible for delivering 1,379 affordable homes in the Olympic Village development in Stratford.