How to Choose THE BEST Strategy Execution Software

When it comes to running a business well, choosing the right strategy execution software is key to making strategic planning more efficient and improving decision-making. With so many options out there, it's important to find a platform that makes business reporting easier and fits your organization's specific needs. 

This guide will help you understand what to look for, ensuring you pick a solution that provides clear insights, supports growth initiatives, and enhances performance metrics. Let's explore how to select the best strategy execution software for your business, preparing you for success in an ultra-competitive market.

Want to learn more about strategy execution? Check out our beginner’s guide here.

What is Strategy Execution Software?

Strategy execution management software is designed to simplify how you manage your strategic plan, helping you track progress and achieve your goals more effectively. Unlike broad project management or data visualization tools, this software is tailored to drive your organization towards its objectives. It offers a clear framework for planning, tracking, and analyzing strategic actions, making it easier to make informed decisions. 

This software is unique because it provides a focused approach to keep your strategy on track and ensure every step contributes to your main goals. With platforms like ClearPoint, you get a tool that sharpens your teams' strategic focus, making execution more organized, measurable, and successful.

ClearPoint strategy execution software solves the two biggest challenges associated with strategy execution:

1. It keeps your eye on the (right) ball. In ClearPoint, you can view project details and metrics, but always in the context of strategy. So you’ll always know what elements of your plan are working and which are not—and you’ll have the insights you need to make course adjustments if necessary.
2. It makes strategy reporting fast and easy. In ClearPoint you can automate up to 70% of the administrative tasks associated with strategy execution. As a result, the process is easily manageable, and you’re more likely to stick with it over the long term.

ClearPoint is helping more organizations to reach their goals than ever before—our growing number of G2 badges is a testament to the value we provide. (We’ve been named a leader in strategic planning software, most likely to be recommended by users, best ROI, and more!)

See ClearPoint Strategy in action! Click here to watch a quick DEMO on the software

Why Strategy Execution Software?

Not convinced you need strategy execution software? Maybe you have an Excel or PowerPoint system in place for strategy reporting already. Maybe your organization also uses Power BI, Tableau, Asana, or some other project management or data visualization tool. If so, you (or perhaps your boss) may be wondering—“Why would I need to add strategy execution software into the mix?”

Believe it or not, even at ClearPoint we use tools in addition to our own to run our business. But each tool has its place, and none of them allow us to do what ClearPoint (or any strategy execution software for that matter) does. What is that, exactly, and why does your organization need it? Good questions—keep reading to get the answers!

Strategy Execution Software Use Cases

Strategy execution software is a game-changer for organizations aiming to effectively create, implement and track their strategic plans. Here's how it can revolutionize strategic management across various use cases:

• Visualizing strategy: The software enables you to map out your strategy visually, linking key performance indicators (KPIs) and projects to your main goals. This visualization helps clarify how each department contributes to overall objectives and identifies key areas impacting success.
• Organizing and analyzing data: Manual data collection and organization are time-consuming. Strategy execution software automates these tasks, centralizing data for easy access. It supports custom dashboards and reports, offering insights for better strategy analysis and decision-making.
• Streamlining strategy reporting: This software reduces the workload involved in strategy reporting by automating updates, data collection, and report generation and distribution. This efficiency allows your team to focus on strategic rather than administrative tasks, optimizing resource allocation for more valuable activities.

Take a look at 5 organizations that have successfully carried out strategy execution in this blog.

Key Features To Look For When Searching for Strategy Execution Software

When selecting the right strategy execution software for your business, it can be quite overwhelming. However, focusing on specific features that align with your strategic goals and operational needs is a great way to make the right choice. Here are key features to consider to ensure you make an informed decision:

• Performance metrics tracking: Effective strategy execution depends on tracking and analyzing performance metrics. Choose software that provides tools for real-time monitoring of KPIs. This allows you to assess the effectiveness of your strategies and make informed decisions.
• Strategic frameworks support: Look for software that accommodates various strategic planning methods, like the Balanced Scorecard, objective and key results (OKRs), and strength, weaknesses, opportunities, and threats (SWOT) analysis. This adaptability lets you use the planning approach that fits your organization's strategy best.
• Usability and interface: The software should have a straightforward, user-friendly interface. Easy navigation and usability improve user adoption and minimize the learning curve, letting your team concentrate on strategy execution instead of figuring out how to use the software.
• Project management features: Since strategy execution often involves project management, the software should include features for assigning tasks, tracking progress, and managing resources. This ensures projects are completed efficiently and contribute to your strategic goals.
• Software integrations: The ability to integrate with other digital tools like CRM systems, financial software, and HR platforms is crucial. Integrations should streamline data sharing and reduce the need for manual input, boosting overall efficiency.

Learn more about how a strategy execution software can help your business in this blog.

Claim your FREE eBook on 8 effective strategic planning templates here

How to Choose The Best Strategy Execution Software

Choosing the best strategy execution software for your business is a vitally important decision that can significantly impact your organization's ability to achieve its strategic goals. These advanced strategy software solutions can be costly and choosing the wrong one could have significant negative effects. With a variety of options available, each equipped with unique features and capabilities, it's essential to carefully evaluate your needs and the software's offerings. Here's a straightforward guide to help you navigate this process:

• Assess your strategic needs: Start by defining your organization's strategic goals and the obstacles you encounter in achieving them. Take into account your organization's size, the complexity of your strategic plan, and your industry, whether it's healthcare, local government, or something else.
• Identify key features: Determine the essential features you need in strategy execution software based on your strategic requirements. 
• Evaluate usability and support: Choose strategy execution software that is both powerful and easy to use, with a straightforward interface your team can navigate without difficulty. Also, look into the customer support offered, such as training materials and customer service.
• Consider integration capabilities: As previously mentioned, ensure the software integrates well with other tools you use. Good integration capabilities mean smoother data flow and less manual input, improving efficiency.
• Review pricing and scalability: Check the software's pricing to make sure it's within your budget and provides value for its features. Also, consider whether the software can scale with your organization and adapt to your evolving strategic needs.
• Explore software options: Investigate different strategy execution software options, such as AchieIt, Adobe Workfront, Nifty, Unito, Profit.co, Hirebook, and Airtable. Each offers unique advantages, from OKR-based planning and data visualization to integrating strategies across projects.
• Request demos and trials: Ask for demos or free trials from the software providers to test functionality, ease of use, and suitability for your needs. You can try ClearPoint Strategy strategy execution software for free and book a demo here.

By taking these steps and thoughtfully evaluating your choices, you can select the strategy execution software that aligns with your objectives, enhances your strategic planning and execution processes, and promotes growth.

Claim your FREE 41-page Strategy Execution Toolkit for enhanced strategic performance here

Is ClearPoint Strategy a Strategy Execution Software Platform?

Yes, ClearPoint Strategy is a premier strategy management and execution software platform designed to streamline and enhance the strategic planning and execution process for organizations across various sectors. With its comprehensive suite of tools, ClearPoint Strategy stands out as a holistic solution for managing and executing organizational strategies effectively. Here's how ClearPoint excels in facilitating strategy execution:

• Strategic alignment: ClearPoint Strategy aligns the entire organization with its main strategic goals. It offers a straightforward framework to understand the strategy and everyone's role in it, ensuring a cohesive effort towards achieving objectives.
• Effective communication: The platform has strong tools for distributing strategic plans, reports, and updates throughout the organization. This supports clear, continuous communication, essential for responding to changes and keeping focus on strategy.
• Resource allocation: ClearPoint Strategy allows organizations to effectively manage and monitor how resources are distributed according to strategic priorities. This ensures that resources are used where they're needed most to meet strategic goals.
• Performance metrics: The software is effective in managing performance, enabling the tracking and analysis of KPIs and OKRs. This supports ongoing evaluation of performance and informed decision-making for strategy adjustments.
• AI assistant: A standout feature is the AI assistant, which uses advanced AI technology to analyze complex data and provide immediate insights, aiding in data-driven decisions. This tool improves the user experience and makes strategy execution more streamlined and efficient.

Basically, ClearPoint Strategy delivers what strategy execution software should, a complete, easy-to-use platform that covers essential aspects of strategic planning, management reporting, and performance tracking.

See ClearPoint Strategy in action! Click here to watch our quick 6-minute demo

Unlock Superior Strategy Execution with ClearPoint Strategy

Using the right strategy execution software greatly simplifies achieving your company's strategic goals. ClearPoint Strategy is a powerful platform that not only makes the strategic planning and execution process easier but also helps your organization reach its full potential. It offers a wide range of features, all of which are designed to turn complex data into actionable insights.

ClearPoint Strategy is suitable for all leaders in any sector looking to enhance strategic outcomes. It provides customization, seamless technology integration, and a user-friendly experience to drive your organization forward.

Whatever outcomes you’re hoping to see, the ClearPoint team can help you get there. (Check out our outstanding G2 support rating and our related badge!)

Don't let the challenges of strategy execution slow you down. Enhance your strategy execution with ClearPoint Strategy and make your strategic vision a reality. Visit our website, request a demo, and discover how we can help you achieve your strategic objectives.

Book your FREE 1-on-1 DEMO with ClearPoint Strategy

FAQ:

What does good strategy execution require?

Good strategy execution requires:

- Clear Objectives: Well-defined and communicated goals that align with the organization’s vision and strategy.
- Strong Leadership: Committed leadership to drive the strategy forward and make necessary decisions.
- Effective Communication: Transparent communication across all levels of the organization to ensure everyone understands their roles and responsibilities.
- Resource Allocation: Adequate resources, including time, money, and personnel, to support the execution of the strategy.
- Performance Monitoring: Continuous tracking of progress using Key Performance Indicators (KPIs) and regular reviews to ensure alignment with strategic goals.
- Adaptability: Flexibility to adjust the strategy based on feedback and changing circumstances.

Why does strategy execution fail?

Strategy execution fails due to:

- Lack of Clear Objectives: Undefined or vague goals leading to misalignment and confusion.
- Poor Communication: Inadequate communication results in misunderstandings and lack of buy-in from stakeholders.
- Insufficient Resources: Inadequate allocation of resources hinders the ability to execute the strategy effectively.
- Resistance to Change: Organizational culture and employee resistance prevent the successful implementation of strategic initiatives.
- Lack of Accountability: No clear ownership or accountability for executing the strategy.
- Failure to Monitor and Adjust: Inadequate monitoring and failure to adapt the strategy to evolving circumstances.

What is a strategy execution platform?

A strategy execution platform is a software solution designed to facilitate the implementation and monitoring of an organization’s strategic plan. It helps align resources, track progress, and manage performance through features like:

-Goal Setting and Alignment: Tools to define and align strategic goals across the organization.
- Performance Tracking: Dashboards and KPIs to monitor progress and performance in real-time.
- Collaboration Tools: Communication and collaboration features to keep all stakeholders informed and engaged.
- Resource Management: Capabilities to allocate and manage resources effectively.
- Reporting and Analytics: Data-driven insights and reports to support decision-making and strategy adjustments.

What is the difference between strategy execution and implementation?

The difference between strategy execution and implementation is:

- Strategy Implementation: Refers to the initial steps of putting a strategic plan into action. It involves setting up processes, resources, and structures needed to carry out the strategy.
- Strategy Execution: Encompasses the ongoing process of managing, monitoring, and adjusting the strategy to achieve the desired outcomes. It is the continual practice of aligning resources, tracking progress, and making necessary adjustments to ensure the strategy is successful.

What is an example of successful strategy execution?

An example of successful strategy execution is Apple Inc.'s product innovation strategy:

- Clear Objectives: Apple set clear goals to lead the market with innovative products.
- Strong Leadership: Under Steve Jobs and subsequently Tim Cook, Apple’s leadership drove the company’s vision and strategy.
- Effective Communication: The company maintained transparent communication about its innovation goals and product launches.
- Resource Allocation: Apple invested heavily in research and development to support its innovation strategy.
- Performance Monitoring: The company continuously tracked market trends and consumer feedback to refine its products.
- Adaptability: Apple adapted its strategy based on market demands and technological advancements, leading to successful products like the iPhone, iPad, and Apple Watch.