The Importance of Effective Strategy Management
Friday, May 13, 2011 at 8:33AM
Editor in Governance, Risk Appetite, SharePoint, Strategic Management

Strategy management has rarely been more critical to organisations than today. They must constantly search for ways to grow, creating value for shareholders and clients. To be successful, executives must formulate clear plans with a concise set of objectives; define the risks related to those plans and implement a change agenda to deliver its objectives while operating within its risk appetite.

Our solution, StratexPoint enables executives to more effectively manage their strategy by:

· Developing clarity around the direction and goals of the organisation

· Defining risk appetite in relation to your strategic goals

· Allocate resources to the most important initiatives

· Assess strategic performance and identify areas of improvement

· Automating strategy-related workflows and review processes

· Define ownership and governance for performance and risk using the RACI model

Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat. Sun Tzu

Article originally appeared on StratexSystems (http://www.stratexsystems.com/).
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