WHAT IS AN ACTION PLAN?
An action plan is an operational tool that prioritizes actions following the completion of a strategic process (strategic plan, commercial positioning plan, development plan, etc.). It allows, among other things, to establish a schedule and designate budgetary resources for each action, and tp identify the individuals responsible for its implementation. It should include concepts such as concrete objectives and performance indicators.
In the case of long-term strategies, the action plan should be reviewed annually to ensure proper project tracking and refinement of the initial strategy if necessary. Espace Stratégies can provide an external and independent perspective to facilitate the prioritization of actions and maximise the chances of strategy success.
WHAT IS THE TIMELINE FOR ACTION PLAN IMPLEMENTATION?
The implementation of an action plan typically requires 2 to 4 weeks, and is ideally updated annually.
HOW IS AN ACTION PLAN DEVELOPED?
An action plan typically takes the form of a dashboard, an essential reference tool that can be used throughout the year and revised in subsequent years. The process may include prioritization workshops, to untangle the courses of action and opportunities that emerged during previous reflections. This involves internal consultation activities, usually at the management team level.
It is necessary to prioritize short-term opportunities and identify the first steps for medium or long-term opportunities. To achieve this, several questions need to be addressed, such as:
- How to prioritize and schedule different actions over time?
- What are our decision criteria?
- What human and budgetary resources are required for the successful implementation of each action?
- What are our pursued objectives?
- What are our outcome or impact indicators?
Additionally, Espace Stratégies can assist organizations in the annual review of their action plan. This often requires strategy workshops to assess the relevance of the different courses of action and opportunities:
- What actions have been completed to date?
- Which actions have not yet been completed? For what reasons?
- Was there a lack of time or resources?
- Has the context changed and requires a new approach?
- Have there been transformative elements for the organization in the last year?
- What is the status of strategy implementation? Does it need prioritization?
WHO CAN DEVELOP AN ACTION PLAN?
The action plan can be developed following any strategic reflection process, whether it’s a strategic plan, a research strategy, a communication or marketing strategy, a financing strategy, and much more. It applies to any type of organization.
HOW CAN ESPACE STRATÉGIES ASSIST YOU?
Espace Stratégies is an independent firm capable of providing an external perspective and a fresh outlook on your organization’s challenges. Our role as an external intervener allows us to bring new ideas and challenge certain problematic status quos. We work with public and municipal organizations, as well as businesses, non-profits, investors, and government entities. This understanding of different stakeholders and their needs allows us to create relevant connections.
Quartier chinois de Montréal
Following an initial community consultation phase that identified development axes and needs for the Chinatown neighbourhood, the Ville-Marie borough wanted to establish an action plan. Espace Stratégies provided methodological and tactical support to the borough during community consultation workshops, ensuring the smooth coordination of workshops, the quality of content, and facilitation. Subsequently, Espace Stratégies participated in developing the action plan in direct collaboration with the borough and the Centre d’Écologie Urbaine de Montréal.
Founded in 1981, SDC Monk is one of the oldest commercial development corporations in Montreal. To properly guide its actions, the SDC sought the support of Espace Stratégies, with extensive experience working with SDCs, to develop its action plan in the context of a pandemic and health restrictions.
Axia Services is a social economy enterprise with a mission to support the development of individuals with physical, intellectual, and/or psychological limitations. Its reality as a social economy enterprise presents a dual challenge: to have a competitive offer while dealing with the advantages and challenges conferred by its mission. To succeed in both aspects, it enlisted the services of Espace Stratégies to help determine an action plan that will facilitate its strategic decisions while avoiding the dispersion of ideas and projects.