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About Steve Smedley

Steve is an Acuity associate and independent consultant. He is author of "Social Hearts and Business Heads" and his experience in Social Housing and enthusiasm for improving services has led him to become a leading thinker and practitioner in the sector.

Author Archive | Steve Smedley

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Acuity Coronavirus Signpost

This page brings together key sources of information for housing providers responding to the challenges of the coronavirus pandemic. The page is updated regularly as we continue to pick up new information.  If you are aware of any useful resources which we have omitted please let us know (click here). Acuity benchmarking network Use your …..Read the full article »

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Annual Reports

VFM: getting it right

It’s been a while since I wrote anything about value for money (VFM). As it’s come up at a number of benchmarking club meetings recently, I thought I’d recap where we are. Global accounts 2019: tidings of regulatory joy? Or mild frustration? The ‘new’ VFM standard has been operative since April 2018. As always, the …..Read the full article »

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Annual Reports

VFM just got personal – setting corporate targets

It’s easy to lose sight of the challenge embedded in the new approach to VFM. No self-assessment to sweat over and a set of regulatory metrics that the sector finds uncontentious because housing associations pretty much dreamt them up as part of the Sector Scorecard. So where’s the catch? It’s all to do with the …..Read the full article »

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How does it fit together? Benchmarking, VFM and Sector Scorecard.

This briefing seeks to explain the connection between VFM measurement, Benchmarking and the Sector Scorecard so that Acuity SPBM members can better understand their position and respond. It considers: how we got here the Regulator of Social Housing’s (RSH) new regulatory metrics the Sector Scorecard timetable for collecting and reporting the Scorecard data including the …..Read the full article »

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VFM_Pie

Regulator publishes new approach to VFM

The new approach to Value For Money (VFM) commences in less than three weeks – but the good news is that little has changed from the consultation document so there are no major surprises. The Regulator of Social Housing (RSH, previously HCA) has just published its finalised approach to VFM, which will be operative from …..Read the full article »

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sector-scorecard

Sector Scorecard: what we’ve learnt

Steve Smedley analyses what the Sector Scorecard tells us about the efficiency of smaller Housing Associations and their contribution to the supply of new homes. A lot has been riding on the development of the sector scorecard. A sector which has been under increasing governmental and regulatory scrutiny to demonstrate VFM whilst contending with an …..Read the full article »

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VFM consultation: what you need to know

By now you will have clocked that the HCA’s long-awaited consultation on the Value for Money standard was published last week and that VFM is even more important than the last time it was even more important. The basic principles remain the same: VFM is about maximising organisational objectives by having a comprehensive and strategic …..Read the full article »

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The only thing I’m sure about is uncertainty

The social housing sector is at a crossroads with the lights stuck on red, thanks to a series of unfortunate, and now tragic, events. We started with a government gleefully declaring war on red tape, culling regulators and regulation and simultaneously dismantling public services and the welfare state, including social housing. They pursued, with religious …..Read the full article »

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What to look forward to this Spring?

There’s no avoiding the issue of value for money this year, as the regulator’s consultation on the standard is coloured by the Government’s drive to make associations more efficient and increase housing supply. While we’re all waiting for the Homes and Communities Agency to release its consultation paper in late spring, it’s worth being aware of …..Read the full article »

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baubles

Christmas past, present and future: a seasonal analysis

Part 2: I’m dreaming of a White Paper: In Part 1 we covered the view from the Ghosts of Christmas Past and Present. So looking ahead, what can we expect from the most feared of spectres: The Housing White Paper, decoupled from the Autumn Statement, but hopefully strengthening the fair winds for associations, is expected …..Read the full article »

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