Action Plan

Action Plan, Espace Stratégies

WHAT IS AN ACTION PLAN?

 
An action plan is an operationalization tool used to prioritize actions following the completion of a strategic initiative (strategic plan, commercial positioning plan, development plan, etc.).Among other things, it establishes a timetable and budget for each action, as well as the people responsible for its implementation. It should also 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 that projects are properly monitored ad that the initial strategy is fine-tuned if necessary. Espace Stratégies can provide an external independent perspective to help prioritize actions and maximize the strategy’s chances of success.

HOW LONG DOES IT TAKE TO CREATE AN ACTION PLAN?

Typically, an action plan takes 2-4 weeks to complete, preferably with annual updates.

 

HOW IS AN ACTION PLAN DEVELOPED?

An action plan typically takes the form of a dashboard. This essential reference tool can be used throughout the year and revised in subsequent years. The process may include prioritization workshops to clarify the courses of action and opportunities that emerged during previous reflections. This includes internal consultation, usually at the management level.

Short-term opportunities must be prioritized and first steps for medium or long-term opportunities must be identified. This involves a number of considerations, including:

  • How do we prioritize and schedule different actions over time?
  • What are our decision criteria?
  • What human and budgetary resources are needed for each action?
  • What are our goals?
  • What are our indicators of results or impact?

Additionally, Espace Stratégies can help organizations with the annual review of their action plans. This often requires workshops to take stock and raise questions about the relevance of paths and opportunities:

  • What actions have been completed to date?
  • Which actions have not yet been completed? Why?
  • Was there a lack of time or resources?
  • Is a new approach required due to a change in context?
  • Did the organization experience anything transformative over the last year?
  • What is the status of strategy implementation? Does it need prioritization?

 

WHO CAN PRODUCE AN ACTION PLAN?

An action plan can follow on from any strategic reflection process—wether it’s a strategic plan, a research strategy, a communication or marketing strategy, a financing strategy and much more. It can be applied to any type of organization.

 

HOW ESPACE STRATÉGIES CAN HELP?

As an independent company, Espace Stratégies offers an outside view and a fresh perspective to your organization’s challenges. Our position as an outsider allows us to bring fresh ideas to the table and challenge some of the status quo that can be problematic. Our clients include public and municipal organizations, as well as businesses, non-profits, investors and government entities. We leverage this understanding of different stakeholders and their needs to create relevant connections.

 

OTHER SERVICES

portfolio

Quartier chinois de Montréal

The Ville-Marie borough wanted to establish an action plan following an initial community consultation that identified development axes and needs for the Quartier chinois de Montréal. Espace Stratégies provided the borough with methodological and tactical support during community consultation workshops by ensuring the workshops ran smoothly and used quality content and facilitators. Espace Stratégies then helped to develop the action plan in direct collaboration with the borough and the Centre d’Écologie Urbaine de Montréal.

Monk CDC

Founded in 1981, the Monk Commercial Development Corporation (CDC) is one of the oldest in Montreal. The Monk CDC asked Espace Stratégies to leverage its extensive CDC experience to develop an action plan adapted to the pandemic and health restrictions.

Axia Services

Axia Services is a social economy enterprise dedicated to supporting the development of individuals with physical, intellectual and/or psychological limitations. As a social economy enterprise, it faces the challenge of remaining competitive while dealing with the demands of its mission. To succeed on both fronts, Axia Services enlisted Espace Stratégies to help develop an action plan that facilitates its strategic decisions without diluting ideas and projects.

For whom?

Colleges & CCTT

INNOVATIVE BUSINESSES

TECH COMPANIES

non-profits

ECONOMIC DEVELOPMENT ORGANIZATIONS

COMMERCIAL DEVELOPEMENT CORPORATIONS

CITIES & MUNICIPALITIES

GROWTH THEMES