Strategic planning software is focused on more than just generating documents. It assists teams to stay in sync and drive execution. It also facilitates collaboration and flexible processes. With the right tool, your team will be able create the strategic plan that’s not only concise and clear but is also actionable and effective.

A well-crafted strategic plan starts with a goal that provides a sense of direction and purpose. It defines the company’s values and goals and defines what the company hopes to achieve. It also identifies the obstacles and opportunities to help the organization determine its current position and future potential direction.

Once the goal is defined, it is time to set goals. There are a variety of goal-setting methods to choose from, including the balanced scorecard (BSC), OKRs, SWOT analysis and scenario like this planning. Using these methods it is possible to develop annual goals that relate to the overall strategic goals and objectives of the company.

It is important to track and report on progress after goals have been established. Traditionally, this has been done with spreadsheets. This can be time-consuming and error prone. It can also be difficult to maintain alignment between multiple versions of the spreadsheet.