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CED & STRATEGIC PLANNING

Community Economic Development

Community Economic Development (CED) is an overall approach to development whereby communities take charge of their own economic and social future and chart the course they will follow to realize their goals.

 

South Temiskaming CFDC works with private and public sector partners to assess local and regional issues and to look at new ideas and opportunities that can strengthen the economy. In consideration of the unique circumstances of the local area, we support development strategies that are designed to build brighter futures for all area residents.

Strategic Planning

Community Futures Development Corporations can partner in the creation of strategic plans that guide local economic development. Strategic planning brings together a broad cross section of community stakeholders, normally including the private sector, non-profit organizations, municipalities, education, labour and First Nations, to develop a common vision.

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  • Decision, where possible, are made by consensus.

  • Economic social, cultural, environmental and other factors important to the community are considered.

  • The strategic plan unites the various stakeholders in the community toward a common purpose.

  • People and other resources are then identified and mobilized.

  • The community strategic plan is the map for the work of a CFDC and its partners.

A strategic plan includes these basic elements:​

  • mission statement, goals and values

  • assessment of needs

  • high priority objectives

  • strategies for achieving results

  • framework for implementation

  • who will do each task

  • how the outcome is measured

Strategic planning tools include:

  • community profiles

  • labour market information

  • business and other databases

  • economic date

  • community networks and organizations

  • citizen participation

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