Strategic Plan 2017-2021

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Strategic Plan 2017-21 Cover Page

Strategic Plan Goals

Four goals championed by Individual Trustees

  1. Strategic Goal - Technology Planning & Management
  2. Strategic Goal - Business Plan for Retail and Commercial Development
  3. Strategic Goal - Jurisdictional Efficiency & Cost Efficiency in Government
  4. Strategic Goal - Waterford as a Destination
A strategic planning workshop was held on May 10. Over 40 community members - citizens, organizations, business owners, staff, school personnel, and others did a SWOT analysis of Village Strengths, Weaknesses, Opportunity and Threats, prioritized the list and defined strategies. The Village Board heard from the community through a survey distributed in sewer & water utility bills. Workshop participants reconvened in August 2016 to review survey results and  develop recommendations for the Village Board to consider in fall 2016

The Village Board and key staff members met several times in late 2016 and early 2017 to develop goals based on the larger strategic planning group and the citizen survey. The five-year Strategic Plan 2017-2021 was approved by the Village Board on August 14, 2017. Individual trustees are taking leadership of one of the four goals, 

strategic planning workshop participants
Over 40 people participated in a strategic planning workshop in May.

Strategic Planning SWOT Analysis

Priority Strength Weakness Opportunity Threat
1
Schools
 Existing industrial
​parks at capacity		 Plan for better
​communication		 Lack of business
​growth
2
Location
 Lack of communication Promote the Fox River
​recreation 		Diminishing
​government revenues
3
 Services High taxes Grow Waterford into a
​destination		 Substance abuse
4
 Fox River Lack of retail diversity Increase diversity in
​community activities		 Competition from neighboring
​communities
5
 Viable downtown
​with potential		 Lack of synergy
​with neighbors		 Partner with Fox River
​Commission to develop river plan		 State Hwy 20/83 reconstruction