Action Plan - Example
Each strategy will usually have more than one Action Plan, with each plan targeting a different aspect of the strategy, or developing into a hierarchy of plans that need to be completed in a particular sequence.
The following example shows a completed Action Plan.
Action Plan
Strategy 1: Demonstrate representation of the wider finance industry.
Action Plan 1.1 Identify demographics of current members.
Scope: Identify demographic information relevant to planning needs; analyse what the database can do now, what it is capable of doing, what is needed; construct the database to accommodate survey information; identify how to collect, input and maintain data; survey all members with next subscription notice; review membership application form and renewal notice to include all database fields and survey information.
Resources: Database upgrade $15,000; time allocation for data input.
Start: May 2008.
Completion: November 2008.
Project Manager: Executive Director.
Success Measure: 60% members have complete data on the database.
Ethical Dimension: Ensure privacy, ensure security of data.
Risk analysis: database corruption-need backup protocols