Value For Money Statement 2016 VFM Statement 2017 | Page 18

MAXIMISING RETURN ON ASSETS Understanding Accord’s asset base The foundation of Accord’s strength is built on the homes it owns and manages. Data and intelligence on housing assets provides the Board and management with ongoing oversight over Accord’s approach to the utilisation and management of these assets. The Board sets the strategy for asset management in line with the strategic Business Plan objectives and approves an organisation-wide approach to the delivery of active asset management. The strategy is based on the premise ‘The right property, in the right condition and in the right location’. Return on assets: Strategy Statement A