> Competitive Realities
> Stakeholder Input Process
> Target Business Review
> Economic Development Marketing
Assessment
> "Taking it to the Next
Level" Opportunity Austin Strategy
> Implementation Plan
Implementation Plan
In each project, Market Street tells our clients that
when the strategy process is complete, the real work begins. Timely
and effective implementation is critical to the ultimate success
of Austin’s “Taking It to the Next Level” Strategy.
Based on the Strategy, an Implementation Plan will be
developed with the following components:
I. Program Assessment and Enhancements
Once the “Taking It to the Next Level” Strategy is
final, a thorough review of existing programs of Opportunity Austin
and the Greater Austin Chamber will be conducted to determine what
changes are necessary to implement the action steps outlined in
the “Taking It to the Next Level” Strategy. Market
Street, with the guidance the Greater Austin Chamber and the
EDC Board, will play a critical role in reviewing the current assets
and gaps in capacity and in helping to identify any changes that
need to occur for successful implementation.
II. Funding Allocation
With the strategy finalized, Market Street will work
with the Chamber and EDC Board to determine if any funding reallocations
or enhancements are needed for implementation. Anticipated
funding needs will be estimated per objective to help with budgeting
and prioritization.
III. Timetable
The Chamber, EDC Board and Market Street will jointly
develop a one-year and five-year timetable for the Implementation
Plan. These timetables will focus on short, medium,
and long-term actions to best implement the Strategy’s goals
and objectives. The timetable must be updated over time to
address changing realities, and Market Street will recommend
a process for revisiting the Strategy goals on an ongoing basis.
IV. Communication Strategy
Market Street will work with
the Chamber and EDC Board to identify the means by which the final
strategy will be rolled out to the community, as well as make any
necessary adjustments to the Chamber’s marketing efforts to successfully enhance recruitment,
retention, and expansion efforts. To assist the roll-out phase
of the Strategy, Market Street will produce a PowerPoint
presentation and Executive Summary of the “Taking It to
the Next Level” Strategy and the timeframe for implementation
for the Chamber to use.

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