Software for strategic planning is more than just 360boardroom.info/simple-online-board-packs-preparing the tool used to create documents. It assists teams to stay on the same page, and drives execution. It also allows for flexible processes and collaboration. Your team will be able create a concise, clear and efficient strategic plan using the right tool.
A well-crafted strategic plan starts with a mission that provides an idea of direction and purpose. It describes the company’s goals and values and defines what the business hopes to achieve. It also identifies challenges and opportunities to help the organization know its current situation and future potential direction.
Once the goal is established then it’s time to set goals for the business. There are various methods to set goals, such as the balanced-scorecard (BSC), OKRs and SWOT analysis. These methods let you create annual goals that are tied to the strategic goals and objectives of your company.
Once the goals are established it is important to track and review the progress. This has traditionally been accomplished using spreadsheets. However, this can be costly and prone to errors. It’s also difficult to maintain the same alignment across different versions of the same spreadsheet.
