The Key Success Factor Analysis is one of four Plan Modules available to jump-start a strategic planning effort. While we recommend our full planning services as described on the Strategic Planning Process page, we realize that a targeted approach is a better fit for certain communities.

EDSP Module 2: Key Success Factor Analysis

Key Success Factor Analysis

Question: What should be included in our plan?

Challenge: Determining which community and economic development strategies are most likely to be implemented successfully based on the community's assets, expertise, etc.

Action: Participate in the Key Success Factor Analysis

Result: Report detailing the community's strengths and weaknesses, and a prioritization of strategies for consideration, based on their likelihood of successful implementation

For communities that may not be looking for a complete economic development strategic plan but are still seeking strategic direction, the Key Success Factor Analysis is the perfect choice.

This session can be conducted for eight to40 local citizens who are interested in their community’s future and knowledgeable about the comparative advantages (and disadvantages) the community has.

The community will receive a report that shows:

The Key Success Factor scores;
A Prioritized Strategy Report that rates and ranks the 25 Building Communities strategies in terms of the likelihood of successful implementation based upon comparative advantages; and
A report for all 25 strategies that shows the strengths to build upon and the challenges to overcome for each of the 25 strategies.

Such an analysis can provide a community with:

A high-level sense of direction for future community and economic development priorities;
A validation (or challenge) to existing community and economic development efforts;
An opportunity for the community to reconsider and/or reprioritize its strategic direction;
A precursor to issuing a strategic planning RFP that sharpens the scope of future planning needs;
A foundation for the development of land-use planning efforts; and
An assessment of local infrastructure investment needs.

If this quick, very focused analysis can be of value to your community, please contact us today.