Is your organization consistently struggling to achieve its strategic goals?
While some strategy software tools handle only portions of strategy execution, ClearPoint has a full suite of features that cover both measures (KPIs) and project management. Our software also has two unique features that make it stand out from the competition:
If you’re looking for a way to get more accurate data around your strategy, consistent (awesome) reports, and time-saving tracking features, fill out the form to get a tour of our software. Want to be sure it will work for you? We do, too. As part of our tour you can send us a spreadsheet and we’ll mock it up and show you what your data looks like in ClearPoint. If you’d like to learn more about how strategy software can help—and about ClearPoint features specifically—keep reading.
Developing a good business strategy is crucial for the success of any company, but those carefully thought-out plans can be achieved only if they are well executed. Unfortunately, too many businesses devote little attention to strategy execution, which occurs on all levels, across all departments, daily. It’s those small operational pieces that can make or break the strategic vision, depending on whether they remain aligned with the larger goal.
Strategy software helps bridge the gap between strategy creation and execution. High-performing organizations that maintain a strong link between their strategy and execution activities do three things right:
Strategy software is a key component of strategy execution because it ensures you’re always making progress toward your goals. Some organizations attempt to track strategy using Excel or PowerPoint, but both of these tools fall short when it comes to strategy management. Excel was designed to track data, make tables, and run calculations, but it wasn’t designed to track progress over time, show qualitative analysis (comments), or link strategy elements together. PowerPoint, too, has its strengths: While it’s great for creating presentations, only one person can update content at a time, which leads to version control problems. These tools were not made for managing strategy, and if you’re using them, you’ve probably already wasted hundreds of hours per meeting trying to keep up.
The right strategy software takes all the effort out of the reporting process, helping you produce more informative reports in less time. But strategy software is about more than just number-gathering—it’s about keeping your entire organization on the same page so you never lose track of where you are, what you’re doing, and where you’re headed.
To deliver real value, the software you choose should include certain features and functionality. These must-have features are organized below in relation to the key components of a strategy: goals, measures, and projects.
Goals are the glue of your entire strategy. Your strategy software should:
Measures determine how you will track your progress toward goals; powerful software really starts to shine here. When it comes to measuring your results, strategy software should allow you to:
Unique from measures and goals, projects show action across a portfolio of activities. To support the success of your projects, your strategy software should:
All the above features will enhance your ability to manage and track your strategy, but they won’t necessarily save you much time. The best strategy software comes with a “secret sauce” that dramatically simplifies the strategy management process: automation. So if you want to produce great results and save tons of time, your software should:
You should also be able to use the software to:
Yes, it does! ClearPoint was specifically designed for strategy execution and has all the features—including the bonus automation feature—named above. Not only does it give you the insights you need to continuously improve the key strategic drivers of your business, but it also makes the activities around strategy execution easier and faster. Our software consistently earns rave reviews from business users, too, for everything from functionality to ease of use to customer support. If you’d like to check it out, we’d love to show you—just let us know!
Ted is a Founder and Managing Partner of ClearPoint Strategy and leads the sales and marketing teams.