PRG intends to be part of this change."
Looking Ahead
The prevailing economic climate creates
a challenge for all those involved in the provision of public
services. At a time of severe constraint on public sector finances
the challenge is to continue to seek to improve outcomes with less
resources available to support such improvement.
The very severity of the situation creates the opportunity as this
will act as the catalyst to force a change in thinking that might
otherwise be considered disruptive or unnecessary. PRG intends to
be part of this process of change, a change that requires the
private sector to drive up its standards of delivery, think in the
longer term and be prepared to be measured on performance against
outcomes.
Since the 1980s governments have used different mechanisms to
encourage competition, efficiency, innovation and the improvement
of services. Compulsory Competitive Tendering (CCT) and Best Value
have been two such policy tools. However there is now a more
widespread acceptance that achieving best services requires a mixed
economy for service delivery.
PRG's business focus reflects this development and private sector
companies are becoming increasingly recognized in the national
social housing market as playing an important role in improving
standards and creating an environment that empowers management to
innovate.
PRG has established a reputation for delivering services which
reflect the priorities of communities. We intend to build on
this by developing our role as an intermediary between the people
who live in these communities and those who provide funding.
We also want to increase our investment in the social
infrastructure of these communities and see the introduction
of private sector capital as remaining absolutely fundamental
to the government's future capital commitments in the public
sector.