In order to survive in this very competitive world, companies must draw up strategies that would benefit allow them to grow. Unfortunately, though, while a strategy is easy to draw on a whiteboard, it’s progress in execution is not so easy to track.

If you had a strategy for increasing your sales by 30% within the next three years, on day to day basis, how do you know you are on the right track. It’s difficult to know, right? But this is really only because there is no information that can break down the strategy into actionable steps.

Thankfully, though, there is such a thing is a strategy execution software. What is it? It’s basically a tool that helps you to draw up actionable plans that are in line with your overall goal. It’s basically a tracking tool that is enhanced by a template that you can use to formulate action plans.

If you search for it online, you will see that offers many brands of strategy execution software.The only question is, which one do you choose? Well, for us, it is all about finding the one that works for your team. Since there are many that offer a demo version or a trial version, you might want to try different platforms first before deciding on which one to subscribe to.

How much does a strategy execution software cost? They are not cheap and we see one that cost $800 per month. But you do get what you pay for and what you get are add-on features like strategy maps, scorecards, instant reports, among other features.

Once you are using it, there won’t be a need for creating spreadsheets and other types of reports. The software, as we said, automatically generates a report.