Software for strategic planning is more than an instrument to create documents. It helps teams stay on the same page, and facilitates execution. It also facilitates collaboration and flexible processes. Your team will be able create a clear, concise and efficient strategic plan using the right software.

A well-crafted strategic plan starts with a clear vision that offers a clear sense of direction and the purpose. It outlines the company’s objectives and values, and describes what it wants to achieve. It also highlights challenges and opportunities, which aids the organization understand its current position and possible future direction.

Once the purpose is defined It’s time to establish goals for the business. There are many different ways for setting goals, including the balanced-scorecard (BSC), OKRs and SWOT analysis. These methods allow you Learn More about Virtual Boardroom Dynamics to establish annual goals that are tied to the strategic goals and objectives of your company.

Once the goals are established, it’s important to monitor and report on the progress. This was traditionally accomplished using spreadsheets. However, this can be slow and error-prone. It can also be difficult to maintain the same alignment between multiple versions of a spreadsheet.