Having an asset management strategy is an essential part of being able to inform and support the delivery of your wider business objectives. It should be used to strengthen your business plan, vision, purpose and priorities. Your approach to asset management (and its delivery) will inevitably have a major impact on customer satisfaction, financial planning, social and community objectives, as well as on your relationship with key stakeholders.

Asset management is about understanding, managing and improving the performance of your property assets, based on good data and business intelligence. It is also about recognising that it carries risks, being a significant consumer of funds. There must be guarantees that sustainable and safe homes are provided. This, an obvious priority, must be done while also considering your value for money strategy.

Strategic asset management should provide a robust framework and delivery model to make the best use of capital resources available within your organisation. It needs to be able to unlock the worth of these assets to deliver long term sustainable homes and neighbourhoods for your customers.

This toolkit will help your organisations to address these key asset management question and criteria and, in the process, develop an effective approach to strategic asset management.