Strategic planning software is focused on more than merely creating documents. It aids teams to stay on track and help them execute. It also aids in collaboration and flexible processes. With the right tools, your team will be able to develop a a strategic plan that is not only clear and concise but is also actionable and effective.
A well-crafted strategic plan starts with a clear vision that provides a clear sense of direction and purpose. It outlines the company’s objectives and values, and outlines what it hopes to achieve. It also identifies the challenges and opportunities that can help the organization know its current situation and its potential future direction.
Once the purpose is defined then it’s time to set goals for the business. There are a variety of goal-setting methods to pick from such as the balanced scorecard (BSC), OKRs, SWOT analysis and scenario planning. These methods allow you to create annual goals that are linked to the strategic goals and objectives for your business.
It is crucial to monitor and report on progress once goals have been set. This was traditionally done using spreadsheets. This can be time-consuming and prone to error. It can also be difficult to ensure that the spreadsheet is aligned between multiple versions of the spreadsheet.
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