What is Strategy Execution Software?
Get to grips with this fast growing software vertical, and give it a try for yourself.
There are three main aspects to strategy execution software:
Plan
Tools that help organizations to formulate strategy, then properly structure and disseminate it throughout the organization. Often involves the use of strategy maps and strategic frameworks.
Manage
Once a plan’s created, strategy execution software should help you effectively manage the components of that plan on a day-to-day basis. Typically that involves the updating of goals, projects and KPIs.
Track
Tracking the results of the different components of a plan, and then correlating those results to the overall success (or failure) of the strategy. This will typically involve the use of dashboards and reports.
Tools You’ll Replace
One of the best things about strategy execution software is that it allows you to save costs and improve efficiency through the consolidation of different software tools into a single platform.
Planning Tools
Excel
PowerPoint
Word
Trello
etc.
Management Tools
Goal Managers
Project Management Software
Task Management Software
Risk Management Software
etc.
Tracking Tools
Powerpoint
Word Documents
Dashboard Software
Business Intelligence Software
Data Visualization Software
etc.