By the end of this section you should be able to build a plan of action to launch your co-operative.
This is last piece of the puzzle. Having designed your co-operative business or organisation in enough detail to give confidence to those involved in your co-operative as well as potential investors, you need show that it’s possible to get this off the ground – and how.
By undertaking the feasibility study you have essentially built yourself a big ‘to do’ list. It’s a list, but with several stages, and processes in their own right. Some will need to take place before others, whilst some will need to take place at the same time. So that this can be a structured path, you will need an implentation plan with a list of everything that needs to be done, dates, who is responsible, and how they will deliver.
Think of each event as an objective to be achieved. For each objective, say:
- Exactly how it will be achieved
- Who is responsible for ensuring that it happens
- What resources they need and where they will come from
- How progress will be monitored
Once you’ve done this, try and draw a diagram to show how they link together and how they are dependent upon each other. And try to include timescales. If there is uncertainty here, indicate earliest and latest dates by which you expect each event to be completed by.
Think of this as a reality check:
- If you find that achieving any of these objectives is actually unrealistic then you have a problem and you may have to go back a few stages in your planning to address the issue.
- If one of the unrealistic objectives is also a critical success factor then you have a serious problem and you should put everything on hold until this is resolved.
- It may be useful to extend your implementation plan beyond the start-up point and into the early stages of the growth and further development of the business, perhaps up to the break-even point.
Your implementation plan
Use this ‘Implementation plan template’ to work through the following:
- What needs to happen before you can start trading? Write out your list in date order.
- Draw up a list of all the tasks that need to be carried out, broken down by who is responsible and what they need in order to perform these tasks.
- Identify any unrealistic taks and work out what can be done to resolve these issues.
The information and tools in this section have been developed by our colleagues at Co-operative Assistance Network.Updated: 26/03/2019