{"id":7555,"date":"2023-07-13T17:05:14","date_gmt":"2023-07-13T16:05:14","guid":{"rendered":"https:\/\/espacestrategies.com\/faq\/"},"modified":"2024-06-06T19:11:35","modified_gmt":"2024-06-06T18:11:35","slug":"faq","status":"publish","type":"page","link":"https:\/\/espacestrategies.com\/en\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"

[vc_row css=”.vc_custom_1473954761949{margin-bottom: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_text_separator title=”Frequently Asked Questions” color=”orange” border_width=”5″ el_class=”invert dx-h1″ css=”.vc_custom_1691611037876{margin-bottom: 0px !important;}”][\/vc_column][\/vc_row][vc_row el_class=”container” css=”.vc_custom_1473954786836{margin-top: 50px !important;}”][vc_column][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS STRATEGIC PLANNING?<\/strong><\/span><\/p>\n

Strategic planning is a fundamental tool for an organisation that serves as a guide for the years ahead. It involves designing or consolidating coherent and effective tools such as action plans, financing strategies, business development strategies, communication strategies and more.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE PURPOSE OF STRATEGIC PLANNING<\/strong><\/span>?<\/strong><\/span><\/p>\n

The strategic planning process is designed to clarify the approaches to be developed for the years ahead. It clarifies ideas while mobilising an organisation\u2019s stakeholders to establish a common vision.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW IS STRATEGIC PLANNING PERFORMED?<\/strong><\/span><\/p>\n

Espace Strat\u00e9gies uses a participatory approach developed with the client. Planning begins with putting all ideas on the table without judgment, viewing all ideas as valuable at this stage. It concludes with selecting the best opportunities outlined according to the objectives set in the opening phase, aligned with the organisation\u2019s vision and values.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY CONSULT STAKEHOLDERS DURING STRATEGIC PLANNING?<\/strong><\/span><\/p>\n

Espace Strat\u00e9gies consults stakeholders to obtain a comprehensive view of the organisation and a better understanding of its scope. True strategic positioning, or the organisation\u2019s identity, is defined by clients or stakeholders based on their expectations of it.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW DO STAKEHOLDERS PARTICIPATE IN STRATEGIC PLANNING?<\/strong><\/span><\/p>\n

Apart from traditional brainstorming workshops, stakeholders can be solicited for online surveys, street surveys, focus groups, one-on-one interviews, public consultations, economic forums or regional symposiums.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT MAKES MUNICIPAL STRATEGIC PLANNING DIFFERENT?<\/strong><\/span><\/p>\n

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Municipal strategic planning establishes a vision for territorial development. It can also help to better understand certain issues such as population ageing, improving mobility, strengthening citizens\u2019 sense of belonging, industrial and commercial revitalisation, climate change and providing more consensus-based solutions.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE MUNICIPAL STRATEGIC PLANNING STEPS?<\/strong><\/span><\/p>\n

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Espace Strat\u00e9gies uses a five-step process for municipal strategic planning: project initiation and planning, stakeholder consultation (citizens, organisations, businesses, etc.), strategic reflection, drafting the strategic plan and developing the action plan.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE HORIZON FOR MUNICIPAL STRATEGIC PLANNING?<\/strong><\/span><\/p>\n

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Typically, municipalities opt for a three-year strategy but may extend it to a five-year strategy. In rare cases, especially for large cities that need to look further into the future, municipal strategic planning can cover a longer horizon, up to 10 years for some.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW LONG DOES IT TAKE TO DEVELOP A MUNICIPAL STRATEGIC PLAN?<\/strong><\/span><\/p>\n

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Developing a municipal strategic plan typically takes four to six months. Its duration largely depends on the size of the municipality or regional county municipality (RCM), regional context (such as experience with strategic consultation) and varies based on the type and number of consultations conducted.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A STRATEGIC REVIEW?<\/strong><\/span><\/p>\n

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A strategic review refers to any form of workshop or activity that enables us to reflect, collectively or otherwise, on the organization’s future.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE DIFFERENT FORMS OF A STRATEGIC REVIEW<\/span>?<\/span><\/strong><\/p>\n

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A strategic review can take various forms, ranging from informal gatherings to an elaborate process spanning several weeks, including annual meetings or brainstorming sessions that may or may not lead to strategic planning.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE PURPOSE OF ORGANIZATIONAL DEVELOPMENT?<\/strong><\/span><\/p>\n

Organizational development is intended to optimise an organization\u2019s resources. It aligns the respective interests of an organization and its human resources to achieve a mutually beneficial situation.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS ORGANIZATIONAL DEVELOPMENT?<\/strong><\/span><\/p>\n

Organizational development is intended to foster organizational growth by maximizing its human potential. It operates on three levels: rational, emotional and relational.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE AREAS COVERED BY ORGANIZATIONAL DEVELOPMENT? <\/strong><\/span><\/p>\n

Organizational development primarily includes redefining leadership and management approaches, developing engagement and culture, as well as fostering employee professional development.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT DOES SUCCESSFUL ORGANIZATIONAL DEVELOPMENT ENTAIL?<\/strong><\/span><\/p>\n

To ensure an organization\u2019s development, it is crucial to analyze human impacts and identify threats and opportunities, while minimizing stakeholders\u2019 resistance to change. Projects and how they are executed must be tailored to employees\u2019 situation and be effectively communicated to ensure credibility and foster change acceptance.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE DIFFERENT TYPES OF ORGANIZATIONAL GROWTH?<\/strong><\/span><\/p>\n

An organization can experience various growth types throughout its lifecycle. These may include temporary decline, growth plateaus, rapid growth or hyper-growth. Each presents different management challenges, highlighting the importance of identifying these growth phases accurately. Contrary to common belief, periods of accelerated growth often pose significant management challenges.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW SHOULD AN ORGANIZATION MANAGE GROWTH?<\/strong><\/span><\/p>\n

Growth often occurs in stages. Companies may encounter a plateau if growth slows down and revenue stabilizes. In such cases, it\u2019s essential to identify new business lines or ways to reach new customer segments to reignite growth.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A GROWTH CRISIS?<\/strong><\/span><\/p>\n

A growth crisis arises from rapid change without enough time to adjust adequately. This could potentially put the company in a precarious situation. It is often caused by a mismatch between expenditure timing and revenue inflows or outdated organizational systems.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT PROBLEMS CAN BE CAUSED BY GROWTH?<\/strong><\/span><\/p>\n

Growth has its own set of challenges such as hiring unqualified personnel, lack of time or structure leading to customer loss or escalating costs resulting in liquidity exhaustion. Ironically, sometimes it\u2019s necessary to slow down the pace of decisions, especially those with long-term structural impacts.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS LABOUR SHORTAGE?<\/strong><\/span><\/p>\n

Labour shortage refers to both a lack of personnel and a mismatch between available positions and human resources. Some experts expect this shortage to last for at least a decade due to the current demographic situation. Episodic phenomena such as a recession could create a better balance in the shorter term without fundamentally altering the underlying shortage.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ORGANIZATIONS ADAPT TO LABOUR SHORTAGE?<\/strong><\/span><\/p>\n

It\u2019s best to take a multi-pronged approach to labour shortage. This includes focusing on organizational performance through innovation and digital transformation, as well as recognising employees through suitable working conditions and a strong employer brand.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS COMMERCIAL DEVELOPMENT?<\/strong><\/span><\/p>\n

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Commercial development encompasses a set of actions designed to enliven a municipality and encourage a sector to flourish commercially. It serves to meet residents\u2019 consumption needs and helps to ensure a territory\u2019s vitality.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY ENGAGE IN COMMERCIAL DEVELOPMENT?<\/strong><\/span><\/p>\n

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Commercial development can be used to revitalize commercial offerings in struggling neighbourhoods where, for instance, numerous commercial spaces remain vacant. It can also serve to enhance the offerings of a very commercially vital neighbourhood or support businesses in managing multiple storefronts or in developing large-scale projects, such as shopping centres.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS ECONOMIC DEVELOPMENT?<\/strong><\/span><\/p>\n

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Economic development refers to positive changes resulting in the structural transformation of a geographic area or population: demographic, technical, industrial, health, cultural and social. Such changes lead to population enrichment and improved living conditions. This is why economic development is associated with progress.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE ECONOMIC DEVELOPMENT-RELATED ISSUES?<\/strong><\/span><\/p>\n

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Economic development focuses on creating new businesses; maintaining, sustaining and optimizing existing businesses; developing innovative sectors and attracting investments.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW HAS ECONOMIC DEVELOPMENT EVOLVED?<\/strong><\/span><\/p>\n

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Over the past 50 years, the role of the economic developer has evolved into four major overlapping roles. First, as an industrial commissioner<\/strong>, who optimizes the use of available land for development; second, as a business mentor<\/strong> in all phases of growth; third, as a network agent<\/strong> who brings together project stakeholders; and finally, as an opportunity creator<\/strong>, who identifies and connects businesses on concrete projects.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS DIGITAL TRANSFORMATION? <\/strong><\/span><\/p>\n

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Digital transformation is when digital technologies are integrated into an organization\u2019s practices, both in terms of production and management.<\/p>\n

These technologies include information systems (CRM, ERP, data management systems), robotics and automation technologies, artificial intelligence, cloud technologies, as well as tools enabling communication between different systems. It involves converting all organization processes at all levels.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY EMBRACE DIGITAL TRANSFORMATION?<\/strong><\/span><\/p>\n

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Digital transformation serves to automate specialized tasks and achieve new levels of complexity, ensuring that all processes are better integrated and are facilitating real-time communication with clients, partners and suppliers.<\/p>\n

Organisations that put off adopting digital technologies risk falling behind competitors, losing market share and incurring costly delays to catch up. From an institutional perspective, digital transformation ensures better service delivery and significant efficiency gains.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE KEY TO A SUCCESSFUL DIGITAL TRANSFORMATION?<\/strong><\/span><\/p>\n

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Digital transformation can significantly alter how an organization operates, which may result in resistance. Therefore, ensuring effective change management at all levels is crucial.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE PURPOSE OF A VISION AND LONG-TERM FRAMEWORK?<\/strong><\/span><\/p>\n

A long-term vision provides a unifying objective for the organization and makes it easier to align all stakeholders. This vision determines the organization\u2019s desired impact and its pace of long-term growth.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS STRATEGIC VISION?<\/strong><\/span><\/p>\n

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Strategic vision defines guiding principles and looks ahead to an organization\u2019s future. Without a clear vision, organisations risk navigating blindly, taking detours, possibly without ever reaching the desired goal. Among other things, the vision sets the tone for strategic review.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN VISION AFFECT THE ORGANIZATION?<\/strong><\/span><\/p>\n

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Having a clear vision mobilizes all organization stakeholders around a common direction and fuels subsequent strategies and projects.<\/p>\n

A vision makes it easier to set targets and strategic priorities for the years ahead. It ensures consistent decision-making and centres actions on medium- and long-term objectives that help the organization structure itself, develop and endure.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN A STRATEGIC VISION BE DEVELOPED?<\/strong><\/span><\/p>\n

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Strategic vision is defined by the working committee and stakeholders (management team, board of directors or organisation representatives), based on the organization\u2019s positioning and development ambitions. Subsequently, it extends to the rest of the team and influences all operations.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE PURPOSE OF GOVERNANCE?<\/strong><\/span><\/p>\n

Governance is a key pillar in an organization\u2019s proper functioning. It serves to define procedural rules to ensure efficient processes within an ethical environment.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE ELEMENTS OF GOOD GOVERNANCE?<\/strong><\/span><\/p>\n

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Sound governance is based on these essential factors: clear rules and policies, a well-defined ethical framework, good communication of expectations among stakeholders and consistent expectations from the board of directors and senior management.<\/p>\n<\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW SHOULD A BOARD OF DIRECTORS GOVERN ITSELF?<\/strong><\/span><\/p>\n

A good board of directors should monitor its operations through self-assessment, it should establish a clear and well-structured integration process for any new board member, mobilize itself and its team around a common mission and be neutral and diversified.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE GOVERNANCE-RELATED CHALLENGES?<\/strong><\/span><\/p>\n

Organizations may face various governance-related challenges such as:<\/p>\n

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  • An insufficiently mobilized stakeholder who fails to fulfil their role as dictated by the organisation\u2019s rules<\/li>\n
  • A stakeholder who oversteps their responsibilities, becoming overly involved in operations to the detriment of the organization\u2019s functioning<\/li>\n
  • A board of directors that is inadequately involved or insufficiently mobilized around the organization\u2019s mission<\/li>\n
  • Unclear stakeholder roles due to policy or regulatory gaps<\/li>\n
  • Stagnation hindering the organization\u2019s progress<\/li>\n
  • Lack of succession planning<\/li>\n<\/ul>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE SWOT APPROACH?<\/strong><\/span><\/p>\n

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    A SWOT analysis (Strengths, Weaknesses, Opportunities and Threats) is the classic approach used in most strategic planning processes. It documents an organization\u2019s or company\u2019s internal strengths and weaknesses, as well as the opportunities and threats present in its environment.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE STRATEGIC ASSETS APPROACH?<\/strong><\/span><\/p>\n

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    After several years of experimentation, and with a view to simplifying the strategic thinking process, it became clear to us that it would be more effective to focus first on the strategic assets owned by the organization or company. A strategic asset is an element, tangible or intangible, that contributes to value creation or revenue generation. An asset may or may not be performing well, and from a strategic point of view, identifying a strategic asset that is underperforming quickly becomes the first opportunity to explore.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY USE THE STRATEGIC ASSETS APPROACH?<\/strong><\/span><\/p>\n

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    Starting with the identification of strategic assets allows us to work quickly on the strategic positioning of the organization, which is given by customers or users. The concept of strategic positioning is translated into a concept of identity when the notion of customers is less present, for example, for municipalities or institutions.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]SHOULD THE EXTERNAL ENVIRONMENT BE CONSIDERED IN THE STRATEGIC APPROACH?<\/strong><\/span><\/p>\n

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    Yes, this is an essential consideration. Accordingly, we identify current trends, as they may impact the organization\u2019s development and achievement of its mission, as well as the dynamics present in that environment.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A STRATEGIC COACHING PROCESS?<\/strong><\/span><\/p>\n

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    Strategic COACHING encompasses all activities related to an organisation\u2019s or a company\u2019s strategy but in a broader sense. Thus, strategic advisory will cover overall issues and challenges and identify major solution paths or priority strategic choices.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHEN IS STRATEGIC COACHING BENEFICIAL?<\/span><\/span><\/strong><\/p>\n

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    Strategic coaching is ideal in the following situations: assisting management in managing operations; updating a strategic plan or action plan; implementing the strategic plan; one-time support for a value-added project; a specific problem; preparing for meetings with the board of directors, city council or elected officials, executive committee, management team or shareholders; or reviewing the business model.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS AN INNOVATIVE PROJECT?<\/span><\/span><\/strong><\/p>\n

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    An innovative project refers to a transformative initiative capable of reshaping an organization or an ecosystem. This could involve developing a new growth platform, a research centre, an acceleration space or any other type of value-creating project in a living environment or for an organization.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY DEVELOP AN INNOVATIVE PROJECT?<\/span><\/span><\/strong><\/p>\n

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    Organizations can leverage innovative projects to help them advance and open new doors. In an economic ecosystem, innovative projects are transformative initiatives that will have a long-term impact on their environment or sector of intervention. An innovative project thus has the power to develop an organization or community.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT KIND OF SUPPORT IS OFFERED FOR DEVELOPING AN INNOVATIVE PROJECT?<\/span><\/span><\/strong><\/p>\n

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    Support for innovative projects includes project development, environment and competitive landscape analysis, existing concept search, networking with domain experts or key actors in the ecosystem, writing a funding application or submission in response to a request for proposals.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE STEPS IN DEVELOPING AN INNOVATIVE PROJECT?<\/span><\/span><\/strong><\/p>\n

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    The essential development steps include a feasibility or pre-feasibility study<\/strong> to validate whether the project is a go or no-go, the business plan, as well as the project implementation components<\/strong> (partnership strategy, governance, staffing structure).<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE INNOVATIVE PROJECT DELIVERABLES?<\/span><\/span><\/strong><\/p>\n

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    Deliverables include a research report based on collected studies and analyses, including an annotated bibliography; a feasibility study; a business plan; drafting forms for project application submission and relevant studies and analyses.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS AN ORGANIZATIONAL DIAGNOSIS<\/span>?<\/span><\/strong><\/p>\n

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    Organizational diagnosis is for organizations grappling with issues related to smooth operation, their resources (human or financial), operations or strategic alignment.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY PERFORM AN ORGANIZATIONAL DIAGNOSIS?<\/span><\/span><\/strong><\/p>\n

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    The process allows for an in-depth analysis of the organization\u2019s internal mechanisms. It highlights issues and challenges that may affect organizational health in terms of operational structure, financing structures, governance, internal management policies, human resources practices, strategic planning and much more. Recommendations can then be made, enabling the organization to target the identified issues and implement effective and sustainable solutions.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE PURPOSE OF AN EXTERNAL DIAGNOSIS?<\/span><\/span><\/strong><\/p>\n

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    Espace Strat\u00e9gies can use an external diagnosis to help organizations understand how they position themselves within their ecosystem. Some of the questions to ask include, which trends and dynamics are at play in the external environment? How is the organization perceived in its environment or by its partners? What are the external factors and pressures that may influence the organization?<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE TIMELINE FOR COMPLETING AN ORGANIZATIONAL DIAGNOSIS<\/span>?<\/span><\/strong><\/p>\n

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    An organizational diagnosis typically takes one to three months, depending on the organization\u2019s needs.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE ORGANIZATIONAL DIAGNOSIS COMPONENTS OR DELIVERABLES?<\/span><\/span><\/strong><\/p>\n

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    An organizational diagnosis includes observations, recommendations and an implementation proposal based on the information gathered and the analyses conducted. The process may also include a user survey, employee, administrator, partner, or key stakeholder groupings, as well as discussion workshops to coordinate the various parts of an organization.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHEN MIGHT AN ORGANIzATIONAL DIAGNOSIS BE USEFUL<\/span>?<\/span><\/strong><\/p>\n

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    You might need organizational diagnosis if you feel that your organization is facing obstacles preventing it from looking ahead and fulfilling its mission; are experiencing high turnover or lengthy board meetings and difficult decision-making; are sensing tensions within internal teams; are noticing duplicate or unfulfilled services or are experiencing dissatisfaction with operations management.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY CONDUCT A FEASIBILITY STUDY?<\/span><\/span><\/strong><\/p>\n

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    Feasibility studies are intended to provide a picture of a specific situation<\/strong>, related either to the activities of a territory, a population, the employment sector or the competitive market, in order to better understand the current situation or facilitate decision-making; clarify project feasibility<\/strong> before preparing a business plan; obtain a critical mass of information to gauge market sentiment as part of a commercial study<\/strong>; unearth strategic information or gather expertise<\/strong> to better define a particular project currently under consideration.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE TIMELINE FOR CONDUCTING A FEASIBILITY STUDY<\/span>?<\/span><\/strong><\/p>\n

    \n

    The duration varies according to needs and takes approximately two to six months, depending on the depth and scope of the project to be defined.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW IS A WORKSHOP CONDUCTED?<\/span><\/span><\/strong><\/p>\n

    \n

    Workshops should be tailored to the specific needs of the organization. Using an external facilitator is generally recommended. They provide an independent view of the situation without personal bias, enabling all stakeholders to focus on the discussion at hand.<\/p>\n

    An external firm will be able to co-design workshops with the client, considering factors such as the type of facilitation, presentation, content and themes to be addressed. They may use traditional or innovative approaches as needed and are constantly on the lookout for inspiring new methodologies.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT TYPE OF FACILITATION SHOULD BE CHOSEN?<\/span><\/strong><\/p>\n

    \n

    Espace Strat\u00e9gies has developed extensive expertise in facilitating various types of workshops, particularly in applying a strategic review process.<\/p>\n

    It is important to combine plenary sessions with subgroup or even individual activities to strike a balance between idea generation and the desired consensus for this activity.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHO CAN BENEFIT FROM CUSTOMIZED WORKSHOPS?<\/span><\/strong><\/p>\n

    \n

    Any type of organization can benefit from workshop facilitation services, including the municipal sector, businesses, non-profits or economic development organizations. Each workshop is unique, as each is designed based on the desired information, the size of the group and the type of people present.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES HELP YOU WITH WORKSHOP FACILITATION?<\/span><\/strong><\/p>\n

    \n

    Espace Strat\u00e9gies can help mobilize stakeholders and facilitate custom workshops tailored to different situations, such as a board of directors meeting, a strategic retreat or team mobilization.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT FORMS CAN WORKSHOPS TAKE?<\/span><\/strong><\/p>\n

    \n

    Depending on organizational needs, workshops can take various forms, including strategic review workshops with stakeholders; one- or two-day brainstorming sessions; public consultations; economic forums, economic summits or regional conferences or one or more consultation workshops to build strategies or conduct a study.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS AN ACTION PLAN?<\/span><\/strong><\/p>\n

    \n

    An action plan is an operational tool used to establish project priority after a strategic process is complete. Its purposes include establishing a schedule and designating budgetary resources for each action and identifying the individuals responsible for its implementation. Concrete objectives and performance indicators should also be included.<\/p>\n

    An action plan should be reviewed annually to effectively track projects and refine the initial strategy if necessary. Espace Strat\u00e9gies can provide an external independent perspective to help prioritize action and maximize the chances of strategy success.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW IS AN ACTION PLAN DEVELOPED?<\/span><\/strong><\/p>\n

    \n

    An action plan typically takes the form of a dashboard. This reference tool can be used throughout the year and revised in subsequent years.<\/p>\n

    Short-term opportunities (one year) must be prioritised and first steps for medium or long-term opportunities (2 to 5 years) must be identified.<\/p>\n<\/div>\n

    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW IS AN ACTION PLAN DESIGNED?<\/span><\/strong><\/p>\n

    \n

    The process of designing an action plan may include prioritization workshops to clarify the courses of action and opportunities that emerged during previous deliberations. This involves internal consultation activities, usually at the management team level.<\/p>\n

    This comprises a number of considerations, including:<\/p>\n

      \n
    • What are our decision-making criteria?<\/li>\n
    • What human and budgetary resources are required to successfully implement each action?<\/li>\n
    • What are our goals?<\/li>\n
    • What are our outcome or impact indicators?<\/li>\n<\/ul>\n<\/div>\n

      [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES HELP YOU WITH YOUR ACTION PLAN?<\/span><\/strong><\/p>\n

      \n

      Espace Strat\u00e9gies can help organizations with the annual review of their action plan. This often requires review workshops to determine whether the different courses of action and opportunities are relevant:<\/p>\n

        \n
      • What actions have been completed to date?<\/li>\n
      • Which actions have not yet been completed? Why?<\/li>\n
      • Was there a lack of time or resources?<\/li>\n
      • Is a new approach required due to a change in context?<\/li>\n
      • Did the organization experience anything transformative over the past year?<\/li>\n<\/ul>\n<\/div>\n

        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHO CAN BENEFIT FROM AN ACTION PLAN?<\/span><\/strong><\/p>\n

        \n

        Action plans apply to any type of organization and can be developed following any strategic review process\u2014a strategic plan, research strategy, communication or marketing strategy, financing strategy and much more.<\/p>\n<\/div>\n

        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A STRATEGIC PLAN?<\/span><\/strong><\/p>\n

        \n

        A strategic plan is the result of a process that aligns the organization\u2019s development over the next few years through informed choices without getting off track.<\/p>\n

        An in-depth examination of the mission, vision, strategic positioning, values and various available opportunities is performed in the reflection exercise preceding the strategic plan to identify priority directions for the organization.<\/p>\n

        The strategic plan provides a clear direction and should be followed by implementing an action plan. The strategic plan is an organization\u2019s most important document and serves as its compass for the years to come.<\/p>\n<\/div>\n

        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE TIMELINE FOR DEVELOPING A STRATEGIC PLAN?<\/span><\/strong><\/p>\n

        \n

        The review process involved in developing a strategic plan varies, but it generally takes between three and six months, depending on organisation complexity and the consultations held.<\/p>\n<\/div>\n

        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE ELEMENTS OR DELIVERABLES OF A STRATEGIC PLAN?<\/span><\/strong><\/p>\n

        \n

        Typically, a strategic plan includes the following:<\/p>\n

          \n
        • Mission and values<\/li>\n
        • Strategic positioning or identity<\/li>\n
        • Development vision<\/li>\n
        • Priority issues for the organization<\/li>\n
        • Strategic directions and objectives<\/li>\n
        • Objectives and measurement indicators<\/li>\n
        • Action plans distributed over the short, medium or long term<\/li>\n<\/ul>\n<\/div>\n

          [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHO CAN BENEFIT FROM A STRATEGIC PLAN?<\/span><\/strong><\/p>\n

          \n

          This approach applies both to organizational strategic planning (business, non-profit, institution, for example) and to territorial planning for an economic development organization, a city or a regional county municipality.<\/p>\n

          A strategic plan is ideal for organizations looking to:<\/p>\n

            \n
          • Engage stakeholders<\/li>\n
          • Align their resources<\/li>\n
          • Mobilize teams<\/li>\n
          • Clarify their directions and define their development strategies<\/li>\n
          • Communicate their development intentions to stakeholders<\/li>\n<\/ul>\n<\/div>\n

            [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT CAN BE INCLUDED IN THE DEVELOPMENT OF A STRATEGIC PLAN?<\/span><\/strong><\/p>\n

            \n

            A number of analyses and forms of consultations can be conducted as part of a strategic plan. They depend on the type of organization, specific needs and issues related to each context and on the organization\u2019s budget.<\/p>\n

            The following can be added to the process:<\/p>\n

              \n
            • A survey of partners, members, merchants, users, the population and any other stakeholders<\/li>\n
            • One-on-one interviews (partners, clients, etc.)<\/li>\n
            • Focus groups<\/li>\n
            • An economic forum or regional conference<\/li>\n
            • Specific analyses on supply and demand<\/li>\n
            • A 5-function organizational diagnosis<\/li>\n
            • An action plan (in addition to the strategic plan)<\/li>\n
            • Ad hoc strategic coaching session for other customized needs<\/li>\n
            • And other activities specific to the organization\u2019s context<\/li>\n<\/ul>\n<\/div>\n

              [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A STRATEGIC REVIEW PROCESS?<\/span><\/strong><\/p>\n

              \n

              A strategic review process involves uniting the perspectives of different stakeholders within an organization to arrive at a common vision and prioritise opportunities.<\/p>\n

              A strategic review requires less involvement from management than a strategic plan. It is a streamlined process that makes it possible to focus on the essentials.<\/p>\n<\/div>\n

              [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE STRATEGIC REVIEW PROCESS COMPONENTS OR DELIVERABLES?<\/span><\/strong><\/p>\n

              \n

              Typically, a strategic review process will cover some elements of strategic planning, concentrated in segments that require immediate attention. At a minimum, it should review the vision, issues and major orientations.<\/p>\n<\/div>\n

              [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHO IS A STRATEGIC REVIEW PROCESS FOR?<\/span><\/strong><\/p>\n

              \n

              This approach is applicable to businesses, non-profits or economic development organizations. The major difference between strategic review and a strategic plan is how long it takes to complete and the level of participation it requires.<\/p>\n

              A strategic review is ideal for organizations that:<\/p>\n

                \n
              • Want to focus on what is essential<\/li>\n
              • Have limited resources preventing them from completing a full strategic plan<\/li>\n
              • Need to make informed decisions quickly<\/li>\n<\/ul>\n<\/div>\n

                [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ARE THE GROWTH CHALLENGES FOR BUSINESSES?<\/span><\/strong><\/p>\n

                \n

                The business context is constantly evolving. Companies generally fall into one of three situations:<\/p>\n

                  \n
                • Growth plateau<\/span>: The company is maintains the same situation but is struggling to find its next growth phase.<\/li>\n
                • Rapid growth<\/span>: The company is experiencing rapid growth and a rush of activity. This requires quick decision-making with long-term impacts on its organization, requiring careful consideration.<\/li>\n
                • Struggling<\/span>: The company is experiencing difficulties that are negatively affecting it and seeks to restore stability or resume growth.<\/li>\n<\/ul>\n

                  Additionally, companies may grapple with specific issues, such as in human resources or in entrepreneurial succession.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A GROWTH STRATEGY?<\/span><\/strong><\/p>\n

                  \n

                  Entrepreneurs often struggle to prioritize their many business opportunities. By developing a growth strategy, they can evaluate the estimated revenue potential of each opportunity over several years, in the short or medium term. A growth strategy serves to assess if the volume of opportunities is sufficient to achieve set goals and to explore new avenues or revise objectives if necessary.<\/p>\n

                  When companies are in a precarious situation or facing a crisis, they can use their growth strategy to intervene quickly and react in the short-term to find development levers. A growth strategy can also drive meetings with potential investors or better alignment between daily operations and research and development.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHEN SHOULD A GROWTH STRATEGY BE CONSIDERED?<\/span><\/strong><\/p>\n

                  \n

                  A growth strategy can serve to address various issues based on the organization\u2019s needs: revising the business model and business plan; analysing growth opportunities; reviewing assets and the organization\u2019s strategic positioning; identifying market trend changes; selecting innovation management practice approaches, products, and services; and providing a deeper understanding of customer needs to identify unique and distinctive aspects of the offer.<\/p>\n

                  A growth strategy can also guide the company\u2019s trajectory and plan its growth over the medium and long term. It can help navigate entrepreneurial succession issues, devise a merger and acquisition strategy, discern the best opportunities and measure risks.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS THE IMPACT OF RAPID GROWTH ON AN ORGANIZATION?<\/span><\/strong><\/p>\n

                  \n

                  The impact of rapid growth on all of an organization\u2019s internal systems is often underestimated, as is the pressure this rapid growth puts on the company\u2019s financial capacity and liquidity.<\/p>\n

                  Systems that were effective with the organization\u2019s previous size no longer work. Hiring (including onboarding and learning periods) does not meet current needs. The bank relies on outdated data and credit lines are no longer sufficient. Necessary investments in expansion or equipment upgrades will require significant capital input. And so on\u2026<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES ASSIST WITH A GROWTH STRATEGY?<\/span><\/strong><\/p>\n

                  \n

                  Espace Strat\u00e9gies can assist any type of company with a growth strategy, regardless of the industry.<\/p>\n

                  Combining participatory methodologies<\/strong>, an understanding of market evolution and recognized expertise in strategy<\/strong>, Espace Strat\u00e9gies adapts to the company\u2019s context, identifies promising development opportunities and establishes relevant connections with key stakeholders. Furthermore, Espace Strat\u00e9gies uses its extensive knowledge of the business ecosystem to engage experts in specific areas to complement its expertise.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHY SHOULD AN INNOVATIVE BUSINESS SEEK EXTERNAL HELP TO ENSURE ITS DEVELOPMENT?<\/span><\/strong><\/p>\n

                  \n

                  Innovative businesses often underestimate the impact of rapid growth on important strategic decisions for the company and their implications. An outside perspective helps ensure the long-term vision remains on track and provides the right tools to make these decisions.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]UNDER WHAT CIRCUMSTANCES CAN ESPACE STRAT\u00c9GIES ASSIST A TECH COMPANY?<\/span><\/strong><\/p>\n

                  \n

                  Tech companies often experience rapid growth, which brings numerous challenges and requires agile management of cash flows, human resources, innovation and research and development investments. Espace Strat\u00e9gies can guide tech companies to reach their full potential.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES ASSIST A TECH COMPANY?<\/span><\/strong><\/p>\n

                  \n

                  Espace Strat\u00e9gies can help devise the best strategies for the company\u2019s growth potential and identify the right business model based on the competitive environment and business practices in the targeted sectors.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES ASSIST A NON-PROFIT ORGANISATION?<\/span><\/strong><\/p>\n

                  \n

                  While each non-profit organisation operates within its unique environment and faces its own challenges, Espace Strat\u00e9gies has identified several recurring issues impacting these organizations, including diversifying funding sources, governance structuring, documenting organizational processes, adapting service offerings to emerging trends and workload overload amidst labour scarcity.<\/p>\n

                  Espace Strat\u00e9gies has been able to support these organizations by cultivating their strategic reflexes through strategic review and planning processes, developing business plans for implementing strategic projects, conducting organizational diagnoses, as well as implementing change management plans.<\/p>\n<\/div>\n

                  [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES SUPPORT ECONOMIC DEVELOPMENT ORGANIZATIONS?<\/span><\/strong><\/p>\n

                  \n

                  Espace Strat\u00e9gies can:<\/p>\n

                    \n
                  • Help your organization to redefine its service offerings based on the current transformation of your ecosystems.<\/li>\n
                  • Support your business growth, including assistance in producing business plans and more complex financial arrangements.<\/li>\n
                  • Support your entrepreneurs in integrating digital, industry 4.0 and artificial intelligence considerations into their business models.<\/li>\n
                  • Help your teams to structure significant projects such as technopoles, innovation zones, incubators and accelerators.<\/li>\n
                  • Conduct analyses, studies and sectoral research for which you may lack internal expertise.<\/li>\n
                  • Enhance your organization\u2019s client approach towards entrepreneurs and start-up companies in the territory.<\/li>\n
                  • Plan the economic, industrial and commercial development of your territory.<\/li>\n
                  • Support the development of your commercial structures.<\/li>\n
                  • Engage your community and businesses in consultation activities, whether traditional or focused on co-creation.<\/li>\n
                  • Provide internal support for your recruitment and human resources challenges.<\/li>\n<\/ul>\n<\/div>\n

                    [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS A COMMERCIAL DEVELOPMENT CORPORATION (CDC)?<\/span><\/strong><\/p>\n

                    A Commercial Development Corporation (CDC) is an association of merchants and business individuals located on a street or within a defined geographic area. Its mission consists in:<\/p>\n

                      \n
                    • Livening up the community<\/li>\n
                    • Supporting merchants in their activities<\/li>\n
                    • Advocating for its members\u2019 interests<\/li>\n
                    • Organizing promotional events and enhancing the territory\u2019s value<\/li>\n<\/ul>\n

                      It is an initiative implemented by and for the community.<\/p>\n

                      [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW DOES A COMMERCIAL DEVELOPMENT CORPORATION (CDC) WORK?<\/span><\/strong><\/p>\n

                      \n

                      CDCs are non-profit organizations with their own boards of directors and governance rules.<\/p>\n

                      When setting up a commercial development corporation, businesses in the area commit to contribute financially to support its activities.<\/p>\n

                      CDCs are also supported by the city in which they are located and, in some cases, by the borough. Although they are private, CDCs are legally regulated organizations constituted as independent bodies.<\/p>\n<\/div>\n

                      [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT ISSUES CONCERN COMMERCIAL DEVELOPMENT CORPORATIONS (CDC)?<\/span><\/strong><\/p>\n

                      \n

                      Similar to a city or a regional county municipality (RCM), CDCs act within their territory to address issues affecting their members and development.<\/p>\n

                      Externally, CDCs must address problems affecting the viability of their street or commercial area, including activities and image.<\/p>\n

                      Internally, CDCs may face numerous organizational challenges regarding governance, recruitment or mobilisation.<\/p>\n<\/div>\n

                      [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT CHALLENGES ARE FACED BY COMMERCIAL DEVELOPMENT CORPORATIONS (CDC)?<\/span><\/strong><\/p>\n

                      \n

                      The challenges are manifold:<\/p>\n

                        \n
                      • The street or area is struggling, evidenced by a high vacancy rate or declining foot traffic.<\/li>\n
                      • The area is vibrant but has not reached its full development potential.<\/li>\n
                      • The area is undergoing major construction work affecting commercial activity, leading to decreased traffic to businesses.<\/li>\n
                      • The area wants to establish a strong and distinctive commercial positioning to stand out from other commercial hubs.<\/li>\n
                      • The CDC strives to develop a mobilizing vision for its members to prioritize actions and make the best choices for its territory.<\/li>\n
                      • The CDC faces governance and board mobilization issues.<\/li>\n<\/ul>\n<\/div>\n

                        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES ASSIST CITIES AND MUNICIPALITIES?<\/span><\/strong><\/p>\n

                        \n

                        Espace Strat\u00e9gies can:<\/p>\n

                          \n
                        • Develop a comprehensive and inclusive strategic plan considering all stakeholders in the territory.<\/li>\n
                        • Provide expert guidance in implementing strategies, tools, action plans and project prioritisation.<\/li>\n
                        • Identify a relevant and distinctive economic positioning for the organization.<\/li>\n
                        • Facilitate collaboration among socioeconomic actors, such as coordinating their needs or establishing an economic forum.<\/li>\n
                        • Assist the organization in project proposal submissions for an incubator, accelerator or other significant projects.<\/li>\n
                        • Support the development of complex business plans.<\/li>\n
                        • Perform organizational diagnoses, provide human resource management support or recruitment.<\/li>\n
                        • Update the socioeconomic profile of the territory.<\/li>\n
                        • Plan the structure of commercial streets and devise a commercial development strategy.<\/li>\n
                        • Plan the development of industrial parks.<\/li>\n
                        • Consider sustainable development in territorial planning or development, as well as in significant projects.<\/li>\n<\/ul>\n<\/div>\n

                          [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHEN CAN ESPACE STRAT\u00c9GIES ASSIST CITIES AND MUNICIPALITIES?<\/span><\/strong><\/p>\n

                          \n

                          Espace Strat\u00e9gies can assist cities and municipalities when:<\/p>\n

                            \n
                          • They require support in territorial or strategic planning due to lack of time, internal resources or to benefit from independent expertise.<\/li>\n
                          • They have a new economic development mandate, but lack internal knowledge to plan effectively.<\/li>\n
                          • They are facing a new governance structure in the territory.<\/li>\n
                          • They want to establish a long-term vision for the territory in consultation with elected officials.<\/li>\n
                          • They are striving to promote collaboration among all ecosystem actors and avoid working in silos.<\/li>\n<\/ul>\n<\/div>\n

                            [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES ASSIST A SOCIAL ECONOMY ENTERPRISE?<\/span><\/strong><\/p>\n

                            \n

                            Similar to for-profit enterprises, social economy enterprises must:<\/p>\n

                              \n
                            • Establish sustainable strategies, especially in the context of scaling up projects.<\/li>\n
                            • Conduct feasibility studies and market research for their projects.<\/li>\n
                            • Market their products and services.<\/li>\n
                            • Develop a marketing plan, communication plan or sales strategy.<\/li>\n
                            • Consider organisational development for their structure.<\/li>\n<\/ul>\n<\/div>\n

                              [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS SOCIAL ECONOMY?<\/span><\/strong><\/p>\n

                              \n

                              Social economy refers to the ecosystem of organizations or enterprises with the primary mission of serving members and the community rather than making profits.<\/p>\n

                              These organizations strive to address community needs and prioritize human capital. While still seeking economic viability, social economy enterprises measure success based on positive impacts within their communities.<\/p>\n

                              They often have democratic operational methods and distribute revenues or reinvest profits within the organization. These organizations more commonly take the form of non-profits or cooperatives.<\/p>\n<\/div>\n

                              [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner][vc_column_text]HOW CAN ESPACE STRAT\u00c9GIES ASSIST A COMMERCIAL DEVELOPMENT CORPORATION (CDC)?<\/span><\/strong><\/p>\n

                              \n

                              Espace Strat\u00e9gies can help CDCs with various needs to invigorate a territory\u2019s commercial offerings. Our assistance includes:<\/p>\n

                                \n
                              • (Re)defining the street\u2019s commercial positioning to identify what makes your territory unique.<\/li>\n
                              • Developing the CDC\u2019s strategic plan, involving all stakeholders (CDC staff, directors, members, institutional partners, citizens, etc.).<\/li>\n
                              • Implementing a commercial recruitment strategy to attract new businesses to occupy vacant premises or influence the commercial mix composition.<\/li>\n
                              • Establishing a profile of commercial offerings, including establishment inventory by type, composition of the commercial mix, vacancy rates.<\/li>\n
                              • Establishing a profile of commercial demand, for example, by studying foot traffic, consumer origins and all socio-demographic data. Some streets may have a local focus, while others attract customers from other neighbourhoods or cities.<\/li>\n
                              • Conduct a walking diagnosis, surveying the street on foot to identify its assets and create a dynamic portrait of its situation and challenges.<\/li>\n<\/ul>\n<\/div>\n

                                [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

                                [vc_row css=”.vc_custom_1473954761949{margin-bottom: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_text_separator title=”Frequently Asked Questions” color=”orange” border_width=”5″ el_class=”invert dx-h1″ css=”.vc_custom_1691611037876{margin-bottom: 0px !important;}”][\/vc_column][\/vc_row][vc_row el_class=”container” css=”.vc_custom_1473954786836{margin-top: 50px !important;}”][vc_column][vc_row_inner][vc_column_inner][vc_column_text]WHAT IS STRATEGIC PLANNING? Strategic planning is a fundamental tool for an organisation that serves as a guide for the years ahead. It involves designing or consolidating coherent and effective tools such as action plans, financing…<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"class_list":["post-7555","page","type-page","status-publish","hentry"],"yoast_head":"\nFAQ | Espace Strat\u00e9gies<\/title>\n<meta name=\"description\" content=\"Answers to the most frequently asked questions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/espacestrategies.com\/en\/faq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAQ | Espace Strat\u00e9gies\" \/>\n<meta property=\"og:description\" content=\"Answers to the most frequently asked questions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/espacestrategies.com\/en\/faq\/\" \/>\n<meta property=\"og:site_name\" content=\"Espace Strat\u00e9gies\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-06T18:11:35+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"29 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FAQ | Espace Strat\u00e9gies","description":"Answers to the most frequently asked questions","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/espacestrategies.com\/en\/faq\/","og_locale":"en_US","og_type":"article","og_title":"FAQ | Espace Strat\u00e9gies","og_description":"Answers to the most frequently asked questions","og_url":"https:\/\/espacestrategies.com\/en\/faq\/","og_site_name":"Espace Strat\u00e9gies","article_modified_time":"2024-06-06T18:11:35+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"29 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/espacestrategies.com\/en\/faq\/","url":"https:\/\/espacestrategies.com\/en\/faq\/","name":"FAQ | Espace Strat\u00e9gies","isPartOf":{"@id":"https:\/\/espacestrategies.com\/en\/#website"},"datePublished":"2023-07-13T16:05:14+00:00","dateModified":"2024-06-06T18:11:35+00:00","description":"Answers to the most frequently asked questions","breadcrumb":{"@id":"https:\/\/espacestrategies.com\/en\/faq\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/espacestrategies.com\/en\/faq\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/espacestrategies.com\/en\/faq\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/espacestrategies.com\/en\/"},{"@type":"ListItem","position":2,"name":"FAQ"}]},{"@type":"WebSite","@id":"https:\/\/espacestrategies.com\/en\/#website","url":"https:\/\/espacestrategies.com\/en\/","name":"Espace Strat\u00e9gies","description":"Strat\u00e9gies d'affaires","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/espacestrategies.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},false]}},"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/pages\/7555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/comments?post=7555"}],"version-history":[{"count":11,"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/pages\/7555\/revisions"}],"predecessor-version":[{"id":8140,"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/pages\/7555\/revisions\/8140"}],"wp:attachment":[{"href":"https:\/\/espacestrategies.com\/en\/wp-json\/wp\/v2\/media?parent=7555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}