Strategic planning software provides a solution for building out a business mission statement, a plan to accomplish the mission, and the ability to track progress toward that ultimate business goal. Strategic planning solutions give users a place to easily create and share company values and goals, as well as track key performance indicators necessary to accomplishing those goals. Some strategic planning products also allow for the creation of organizational charts to map hiring plans needed to achieve the business mission. A handful of strategic planning solutions may offer performance management functionality to ensure that every employee is on the path toward the end goal. Others tools provide lightweight collaboration features and dashboards for a holistic view into the overall strategy. Strategic planning solutions are primarily used by company founders, C-level executives, strategists, and board members to monitor the overall business strategy and progress toward end goals.
These tools may also be referred to as strategic management, business management, or strategic execution software. Strategic planning software differs from project management and task management products because they do not monitor day-to-day tasks necessary to completing a project. However, at a high level they may outline necessary projects that will help a company achieve its ultimate business goals.
To qualify for inclusion in the Strategic Planning category, a product must: