Client: Newbury Racecourse
PROJECT: NEW CORPORATE STRATEGY
Project: New corporate strategy to optimise the return on existing assets
BUSINESS NEEDS
Newbury is a premier racecourse occupying 320 acres in the Southeast of Newbury and faces increased competition from a number of racecourses, which are undergoing significant development. It needs to improve stakeholders' experience and create a sustainable long term business in an increasingly uncertain and complex industry.
CORPRA'S ROLE
Corpra was appointed by the Board to help develop a corporate strategy, plan the infrastructure for the future of the business and manage the release of value from the surplus land for residential development.
OUTCOMES
The project is ongoing but Corpra managed the identification of sites surplus to Newbury Racecourse plc’s future business requirements, the design of the changes to the racecourse infrastructure needed to facilitate the overall development, the selection of David Wilson Homes as development partner and the negotiation of the development agreement. The current position is that West Berkshire Council resolved in January 2010 to grant planning permission for the comprehensive development. These outcomes support the new corporate strategy to optimise the return from existing assets.
- British Council For Offices
- TOWARDS A ZERO CARBON OFFICE
- Management Consultancies Association
- WORKPLACE STRATEGY
- Newbury Racecourse
- NEW CORPORATE STRATEGY
- British Red Cross
- INSOURCING AND CHANGE MANAGEMENT
- Capital and Regional
- ORGANISATIONAL CHANGE
- Magnet Plc
- CHANNEL MANAGEMENT STRATEGY
- Association of Accounting Technicians
- CHANGE MANAGEMENT
- BP
- IST FLEXIBLE WORKING
- Department of Environment Transport and Regions
- IMPROVING CUSTOMER SERVICES
