Strategic KPI’s (including latest VFM Metrics)
Similar to GAP, we collect and publish relevant data against the agreed standard suite of KPIs. Whilst GAP is collected annually and available four months after year end, this data set is collected quarterly and updated immediately . This means that fresh data is going live constantly, giving senior directors up-to-the-minute information.
The Club is flexible to the needs of its members and adjusts the measurables dependent on requirements. For example, when Homes England updated their VFM Metrics, we were able to quickly and accurately update ours to reflect this change.
Using our online tool, we are able to provide a comprehensive suite of reports enabling real time data comparison. Sector insight reports are also available on request. They produced by Vantage and sent out with our commentary. All commercially sensitive information is anonymised.
The feedback to this service has been fantastic. But don’t take our word for it, read what some of our members have to say here.
“The PI Club truly puts its members in charge of the agenda and has an organic feel to it. We get real insight into relevant business issues from people who have been involved at the sharp end of major business change projects. This moves the debate on from the theoretical to the practical, and we can all learn from each other.”
Executive Director of Finance, PA Housing
“The PI Club provides a great forum to share ideas and learn from each other. A real benefit is the size of the group which allows for greater discussion and understanding of the operational issues that have contributed to the performance, which provides much greater insight than simply a discussion about the data in isolation.”
Head of Data and Performance, Onward Homes
“We share and discuss performance information with our peers to identify where management efforts should be focused. The club listens to its members to produce the information we need to influence the future direction of our business.”
Glen Harris MBE
“Before we joined the PI Club I don’t think we had ever really used benchmarking properly. Up to that point we carried out reviews but often failed to act on the information. Membership of the PI Club helped us use benchmarking as a can-opener to look at why we had been doing things one way and make changes where necessary.”
Finance Director, Onward Homes
“If you are thinking of joining the PI Club, my advice would be, to work out exactly what it is you think you need and then chat to Vantage. My experience tells me that they will deliver.”
Director of Finance at Yorkshire Housing
“This is what the sector has been needing for years.”
“The information that we obtained through the PI club provided us with some valuable insight into the costs we were paying for our Kitchen and Bathroom replacement programmes, which in turn helped to set some clear expectations of the results we should be seeing as a result of a re-procurement exercise.
Without this intelligence we might have been content with cost savings of c5-10%, but the PI benchmarking data identified that costs savings of c20% should be achievable, and the eventual outcome of the re-procurement was in line with those more informed expectations.”
Executive Director Finance, Great Places Housing Group