Strategic plans must keep in mind the big picture and the reality of current resources and capabilities. Strategic planning software gives teams central tools board portal arrangement for performance management that help them develop strategies that work and break the silos of organizations and working together as a cohesive team. Real-time alerts allow you to keep track of progress and performance. Prioritize tasks using rules or logic-based approvals and use visualization tools to make complex information more understandable.

If it’s budgeting or capacity planning or forecasting, strategic planning software allows companies to translate strategy into delivery across the entire enterprise. It lets managers create high-level plans and roadmaps that align with strategic goals while giving team members a detailed understanding of what they have to do to achieve these goals. Additionally, it lets businesses to utilize predictive driver-based multi-scenario analysis, to determine the best path to take for their future.

There are many factors to consider when choosing the right software for strategic planning including scalability, accessibility, and KPI tracking, for instance. However, the most important factor is to choose a program that can meet your specific business requirements and workflows. There are a lot of alternatives for businesses looking for the most effective strategic planning tools. Wrike, for example, is a tool for managing projects which can also be used as an effective strategic plan. It’s a powerful collaboration tool which helps teams organize their projects, work effectively, and keep track of their performance. Features include deadlines, task assignments, milestone achievements documents sharing, and more.