Strategic plans must be able to balance big picture vision with the reality of capabilities and resources. Strategic planning software can provide teams with central performance management tools to help them make plans a reality. This allows them to break apart the silos of their organizations and work as a cohesive unit. Real-time alerts allow you to keep track of the progress of your project and performance. Prioritize projects using logical or rule based approvals and make use of data visualization tools to make complicated information more understandable.
If it’s budgeting or forecasting or capacity planning strategies planning software can help companies translate their strategy into action on an enterprise-wide scale. It allows managers to create high-level plans and roadmaps that align with strategic goals while providing team members with a clear understanding of what they have to do to achieve these goals. Additionally, it enables companies to leverage predictive driver-based and multi-scenario analysis to identify the best course of action for their future.
There are many aspects to take into consideration when selecting the right strategic planning software including scalability, accessibility, and KPI tracking, among others. However, the most important thing is to choose a program that will support you in your business’s specific requirements and workflows. There are numerous options for companies that are looking for the best tools for strategic planning. Wrike, for instance is a project management tool that can also be used as an strategic plan. It’s a powerful platform for collaboration that helps teams organize their projects, collaborate effectively and stay on top of their performance with features like task assignment, deadlines, milestone achievements as well as file sharing and much more.