What the heck is Strategy Execution Software, and why do you need it? If you’re pondering this question, know that you’re not alone. Executing strategy today requires a solution that can align the shared goals of those creating the strategy and those executing it and measuring its effectiveness.
There are three main aspects to strategy execution software: Plan, Manage, and Measure.
PLAN Strategy Execution software should help organizations to formulate strategy, and then visualize and communicate it throughout the organization. You may be experimenting with the use of different strategy maps and strategic frameworks, but once you decide on one, your chosen software should easily accommodate your strategic plan.
MANAGE Once your strategic plan has been created, strategy execution software helps you effectively manage it on a day-to-day basis. Strategy Execution software should make it easy to update goals, initiatives, and KPIs. In addition, the right software will alert you to any issues with your initiatives and enable you to course-correct them to achieve success.
MEASURE Strategy Execution software will enable you to easily measure the results of the different components of your strategic plan, and then visualize those results to understand the overall performance of the strategy. The best software will offer you performance dashboards, data drill-downs, and dynamically-generated real-time reports and briefings.
SPIDER IMPACT FOR STRATEGY EXECUTION Spider Impact is Strategy Planning, Management, and Execution Software used by organizations around the globe. With it you can:
Visualize and communicate your strategy throughout the organization.
Align your team for successful strategy execution.
Measure the impact of strategic initiatives on achieving Strategy.