Bonnyville Regional Economic Development Plan

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SOARR Assessment A SOARR Assessment is a model for reflecting on strategic planning by studying identified Strengths, Opportunities, Aspirations, Risks, and Results (SOARR). It is a forward-looking model, taking elements of what would traditionally be affiliated with a Strengths Weaknesses, Opportunities and Threats (SWOT) analysis. It then uses insights gained through stakeholder consultations to inform what is desired for the future and how to know when our aspirations have been met (see Figure 9). Figure 9: Data Points that Influence SOARR Assessment

Figure 10: Key Considerations for a SOARR Analysis

MDB Insight – Bonnyville Regional Economic Development Plan

Be bold, Bonnyville.

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