05.Assets
INITIAL ASSETS
Our financial assets include secure cash-flows, from diverse projects; not reliant on single projects or types, so if economic downturns occur, we’re financially secure. We’ll ensure accounts receivable are larger than liabilities and costs, by time-sheet taking, project costings and budget/cost-rate calculations (Holmes, 2017). In the future we’ll have securer finances and increased profits, to reinvest in ourselves and in pro-bono projects. Our physical assets include software, office furniture, equipment and literature, allowing us to operate. In the future our physical assets will expand with more software (i.e. BIM), equipment and literature. We’ll own our office, increasing financial security. My intellectual assets, include my ability, highlighted within my CV. The engagement and placemaking knowledge gained from my specialisation (IARD) also adds value. Externally, consultant/planning networks will act as intellectual assets, as we grow we’ll increase these by gaining knowledge and recruiting staff with varied specialisations to diversify and expand. Our staff’s time and talent are our human assets. Externally they’ll include networks and collaborations, forming planning networks within and outside of Oxford, facilitating future projects. In the future, extra staff will increase our assets as will larger networks to facilitate projects and allow projects to be community-driven via community networks, leading to successful placemaking (Hamdi, 2010).
£
Financial (Secure Cash Flow-Number of Projects (No single piece of work with rely on)Accounts receivable larger than liabilities and costs ) Physical (Software,Material Samples Community Engagement Equipment Office Furniture and Equipment, Staff Comforts, Knowledge Library) Human (Time, Talent, Industry relationships) Intellectual (Background Experience, Knowledge and Ability, Specialism (i.e.IARD) Community Engagement knowledge) External (Human- Networks and Collaborations, Communities and Consultants, Oxford Planning Networks, Intellectual-Planning Knowledge)
+
FUTURE SERVICES Financial (Securer Finances, Pay for ProBono Community Projects) Physical (More Software/Samples and Libraries, More Equipment, Furniture, Secure (Owned) Office) Human (More Staff, Time and Talent, More Industry Relationships and Networks) Intellectual (Increased Knowledge and Variety of Specialisations) External (Human-National/International Planning networks, larger networks)
nd if t a ss o Pr cce Su
Figure 07: Assets (Goacher, 2018).
Rob Goacher 17025351 MPL P30028 2017-18 Executive Summary
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