Unprecedented Risk Environment: Key Challenges Housing Associations Face in 2023

In the face of an unprecedented risk environment, housing associations are facing a number of key challenges in 2023.

Inside Housing recently surveyed the 100 largest associations’ risk registers to identify the biggest threats to their businesses. The survey revealed an “unprecedented” risk environment against a backdrop of three “once-in-a-generation” events: COVID-19, the climate change crisis and the war in Ukraine.

As we head into this uncertain time, it is more important than ever for housing associations to have the right tools, processes and resources to ensure they manage these challenges effectively.

The survey identified ten key challenges for housing associations in 2023:

  • Health and Safety
  • Laws, regulations and operating environment
  • Funding and liquidity
  • Information security and data integrity
  • Data quality
  • Development Strategy
  • Customer service
  • Attracting and Retaining Talent
  • Building and fire safety
  • Sustainability, net zero and carbon retrofitting

Each of these challenges has the potential to cause harm and create significant financial losses for housing associations and their tenants if not adequately addressed. Therefore, it is imperative that associations have robust systems and processes in place to identify, assess and manage these risks.

Fortunately, there are solutions designed specifically to help housing associations meet the challenge of 2023’s risk environment. At Eyton Solutions, we believe in a holistic approach to risk management and offer a range of services designed to help housing associations mitigate their risks.

1) Corporate Governance and Risk Management

Our corporate governance and risk management services are designed to ensure that your organisation’s safety policies are up-to-date and compliant with all applicable regulations.

We also provide advice on how to manage corporate risks effectively, helping you develop strategies for minimising potential losses.

2) Executive and Management Training

Our leadership training services are designed to improve the quality of risk management in your organisation. We help you develop a culture that is proactive and effective in managing risks, so you can be confident that all potential risks are identified and managed appropriately.

As an IOSH-accredited training provider, we offer a range of courses tailored to the needs of housing associations. This includes:

IOSH Corporate Risk Essentials
IOSH Corporate Governance
IOSH Leading Safely

These courses can be tailored to meet your specific risk management needs and equip your staff with the knowledge they need to protect your organisation from harm.

3) Sustainability Training

New for 2023, Eyton Solutions is one of only a handful of IOSH-accredited providers to offer sustainability training. This course helps your employees understand the importance of sustainability and how to implement sustainable practices in your organisation.

We can help you develop a sustainability strategy that is tailored to your organisation’s needs so that you can minimise your environmental impact and reduce risk.

4) Consultancy

Our team of highly experienced consultants are on hand to provide advice and support to housing associations. We can help you identify risks, develop strategies for mitigating them and ensure your organisation is compliant with all applicable regulations.

At Eyton Solutions, we understand that managing risks can be a daunting task and are dedicated to helping you develop the skills and strategies needed to do so effectively. We offer a comprehensive range of risk management services designed specifically for housing associations so that you can confidently navigate 2023’s uncertain risk environment.

With our tailored services and experienced consultants, you can be confident that your organisation is well-prepared for the future. Contact us today to find out how we can help you.

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