Software for strategic planning is more than just a tool for creating documents. It helps teams stay in sync, and drives 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 solid strategic plan starts with a goal that provides a sense of direction and purpose. It defines the company’s goals and values, and outlines what the company’s goals are. It also identifies the obstacles and opportunities that can help the organization assess its current situation and the potential direction for the future.

Once the purpose is defined the next step is to establish goals for the business. There are many different goal-setting methods to pick from such as the balanced scorecard (BSC), OKRs, SWOT analysis and scenario planning. Using these methods, it’s possible to create annual objectives that link back to the overall strategic goals and goals of the business.

Once the goals have been established it is important to track and be able to report on progress. Traditionally, this was done using spreadsheets. This can be time-consuming and prone for error. It’s also difficult to keep the same level of accuracy across different versions of the same spreadsheet.

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