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- Strategic_planning_software abstract "Strategic planning software is a category of software that covers a wide range of strategic topics, methodologies, modeling and reporting. Loosely speaking, the software can be categorized into the following types:1. Small business oriented strategic and business planning. Here, the focus is primarily upon developing goals, a business plan and a financial projection.2. Execution oriented software, e.g. Kapta and Achieveit that is focused more upon cascading the implementation of strategic plans and is often similar in functionality to project portfolio management, agile and project management software.3. Large business oriented strategic planning software. This particular category is often customized by a company and may consist of multiple elements that can cover a wide range of requirements. Word processing and spreadsheet templates are common in this area. Consolidation is often a critical aspect of this domain with a variety of enterprise software, OLAP (On Line Analytical Processing or multi-dimensional spreadsheets) and databases used. ROLAP combines relational and multi-dimensional capabilities. In recent years, reporting software has gained the label, Business Intelligence or BI software. Dashboards, first made popular by the idea of the Balanced Scorecard are common means of reporting on multiple dimensions of ongoing performance.4. Scenario planning software. While a small category, software for supporting scenario analysis does exist. It tends to be relatively simple in nature due to the belief of many scenario facilitators that scenarios should be more stories than numerical models. Currently (2013 on), there is an emerging trend of using modeling to support and analyse the consequences of particular scenarios.5. Simulations and war-games. It may seem strange to include computer simulation and war-games as strategic planning software. The rationale however, comes out of both military strategic planning and also the emergence of strategic management as a concept in the 1980s. The assumption behind strategic management was that separation of planning from execution was ineffective, so strategic planning should be devolved in the organization to those who would executive. Simulations and wargames became a way of sharing knowledge about markets and provide a cognitive frame for decision making.6. Predictive software and models. There is a long history in strategic planning of the use of predictive models. In the 1970s, the Strategic Planning Institute collected data on the performance of business units at its subscribers. The resulting Profit Impact of Market Strategy (PIMS) model was very influential with its key insights about the value of having highest or second highest market share in improving profitability and return on equity. Harvard Business School professor, Michael Porter's influential book, Competitive Strategy was based upon this data. NewProd and DanProd, based upon the research of Robert Cooper, a new product researcher at McMaster University developed and commercialized a regression model that correlates .8 with new product success based upon over 3,000 new product launches. Advia New Product, developed by the now defunct, Alacrity Inc. and its co-founder, Mary Chung, provided a phased a set of new product development templates with expert system for evaluating whether a new product should proceed to the next stage.7. Expert system based strategy evaluation systems. The first, managerial expert system, Alacrity was developed by Allstar Advice Inc. in 1985 and 1986 and launched in 1987 by associated company, Alacritous Inc. which later changed its name to Alacrity Inc. It contained what was probably the most comprehensive strategic planning functionality ever developed for an off-the-shelf packaged software product. It contained a 3,000 rule expert system that used concepts of market life cycle, Porter 5-Forces model, Utterback and Abernathy innovation models, generic strategy, and learning curves to make predictions about market evolution. Additional functionality included business and strategic planning templates, product/business unit portfolio analysis, financial modeling of income statements, balance sheets and cash flow with an attached financial expert system. The same company also launched a small business planning system, Advia Decide and Manage which is no longer available.8. Packaging of major consulting firms' methodologies for strategic analysis as a component of the strategic planning process. The examples are typically narrow in focus and don't encompass a full set of planning, execution and monitoring processes. Examples include Stella and iThink based upon Peter Senge's book, The Fifth Discipline, BCG Matrix for Brand Portfolio Analysis Net Promoter Score software, Management Software Associates' Competitive Strategy (which modeled strategic cost drivers such as learning curves, impact of scale, impact of complexity, economies of scope and value), Portfolio Analysis and New Product Modeling using viral models.".
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- Strategic_planning_software comment "Strategic planning software is a category of software that covers a wide range of strategic topics, methodologies, modeling and reporting. Loosely speaking, the software can be categorized into the following types:1. Small business oriented strategic and business planning. Here, the focus is primarily upon developing goals, a business plan and a financial projection.2. Execution oriented software, e.g.".
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