Strategic planning and execution software provides a solution for building a business mission statement, a plan to accomplish the mission, and the ability to track progress toward its execution. These solutions give users a place to easily create and share company values and goals, as well as track key performance indicators necessary for the execution of those goals. Most strategic planning and execution tools provide collaboration features and dashboards for a holistic view of the overall strategy. Company founders, C-level executives, strategists, and board members use these solutions to monitor the overall business strategy and progress toward end goals.
Strategic planning and execution software differs from project management and task management products because they do not monitor day-to-day tasks necessary to complete a project. However, at a high level, they may outline necessary projects to help a company achieve its ultimate business goals.
To qualify for inclusion in the Strategic Planning and Execution category, a product must:
Allow the user to lay out a business plan, company vision, and strategies to improve operations
Offer the ability to create goals and milestones that will lead toward the company’s vision of success
Define and manage strategic plans using predefined templates that users can customize
Facilitate a seamless transition from planning to execution using workflows, tasks, and collaboration tools
Monitor the implementation and execution of strategies across all departments of the company
Provide an overall view of how a business is progressing toward its goals
Focus on high-level business objectives rather than day-to-day activities and tasks for project management purposes
