Cochrane Five Year Strategic Plan | Page 39

Town of Cochrane Strategic Plan – Final Report October 2014 Figure 6.1: Proposed Strategic Directions for Cochrane Together, Cochrane residents are building a sustainable economy that supports a culturally diverse and vibrant northern way of life. VISION Our mission is to provide residents with exemplary municipal services through positive leadership, innovation and an entrepreneurial spirit. MISSION 1 2 3 4 5 Strengthen Business Community Grow Agricultural Sector Leverage Transportation Assets Promote a “Great Place to Live” Maintain Tourism Infrastructure The community will pursue projects that build local business capacity, and support an environment that encourages new investment. Cochrane will invest in projects that facilitate the growth of its agricultural sector, including secondary product creation and marketing. The Town will invest in projects that build competitive advantage by enhancing existing assets, including the highway, rail and airport. The Town will develop projects, partnerships, and marketing materials to facilitate and support population stability and a better quality of life. Cochrane will maintain and incrementally enhance its existing tourism assets with the goal of enticing tourists to “stay another day.” KEY STRATEGIC DIRECTIONS 6.1 Opportunity Alignment There are nineteen projects in this Strategic Plan. Table 6.1 demonstrates how each project addresses the issues identified in the SWOT analysis (Appendix C). Note that the SWOT has been slightly revised from the Phase 1 Report (December 2013). It contains additional information to accommodate issues identified through research and consultation. This project alignment exercise is important because it acts as a checklist. It demonstrates that the recommended projects in the Strategic Plan address major issues raised during the planning process. It also points out the community strengths that project leaders can leverage to execute various projects more effectively. This approach to strategic planning –structuring projects under major themes– helps to keep the plan flexible. As government policies, the economy and other external forces change, the plan may have to evolve if it is to remain relevant. By establishing five key themes, or directions, the community can ensure that it is still addressing major weaknesses and threats in a strategic fashion, even if the individual projects within those themes need to change. 37