Altair: A reflection on our first year and the prospects for the future
Altair has completed its first full year of trading. Thanks to our work with over 60 different organisations, it’s been a good year in a difficult economic environment. We’ve concentrated on the things we know – strategy and effective governance; development and regeneration; financial business planning, modelling and appraisals; senior level recruitment and interims. And our clients have benefitted from having those different skills and expertise all in one organisation.
Our range of clients and projects continues to grow. From housing associations to local authorities and ALMOs; from the private sector to charitable organisations; our client base has included small, large and multi-national companies. We work in England, Scotland, Northern Ireland and Wales on projects varying from strategy facilitation and board awaydays, growth options, Brixx modelling and business planning, property portfolio and service reviews.
We are working on three research commissions – on the future of older persons housing in the London Borough of Tower Hamlets for Gateway Housing Group; on models of flexible tenure for a group of south east based associations; and on models of affordable housing after 2015.
We are advising public and private sector organisations on regulation, managing risk, including the implications of welfare reform and developing growth strategies; and we have recently been commissioned to run a cross-sector mentoring/coaching programme to bring private sector experience to the housing association sector.
2012 is likely to see local authorities getting actively involved in building and procuring affordable housing and regeneration directly with their newly acquired borrowing limits; housing associations becoming more commercial and stretching their balance sheets to compensate for the loss of both capital and revenue subsidies – some getting into difficulties, if they’ve got their numbers wrong; the private sector developing new products and new markets; and those Arms Length Management Organisations that still exist repositioning themselves to become first choice partners of their local authority parent offering more than just excellent housing services; and of course the policy agenda will continue to develop at national, regional and local level.
That’s plenty for us all to get our heads around.
We’ll continue to advise all these sectors, delivering value and unrivalled connections. Our thanks to all we’ve worked with so far.
Here’s to another year of successfully managing change in uncertain times to all of those with whom we work now and in the future.