Strategy Management
A strategy management software enables you to clearly define goals, manage actions transparently, and continuously monitor progress to implement strategies effectively and ensure sustainable success.
Our strategy management process
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1Define goals and scenariosDefine your goals with the Goal-Assessment method and develop appropriate scenarios.
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2Deriving fields of action and options for actionDerive suitable fields of action and their options.
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3Create strategiesCreate and discuss different strategies in a team.
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4Evaluate the strategiesCollaboratively evaluate the possible strategies against the objectives and scenarios at different time intervals.
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5DecideUse different methods to decide which strategy is the best at what time.
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6REPORTINGExport, share and publish the results with one click.
What is strategy management?
This is particularly relevant in VUCA environments (Volatile, Uncertain, Complex and Ambiguous) in which disruptions announce themselves with signals that are difficult or impossible to detect, but which have massive and unexpected effects due to systemic networking. By thinking about possible versions of the future today, you can recognize the course of the future early on.
The foresight strategy cockpit strategy management module
The idea: combining strategies with scenarios
A strategy is a plan including a set of action measures designed to bring about a desired future or to prevent an unpleasant future from becoming a reality. A strategy is selected to achieve a long-term or overall aim. Our Strategy Management module offers various methods to develop and stress-test your strategy. Therefore, it matches new or existing strategies with developed scenarios to test the future robustness of each strategy. For this purpose, new or existing strategies are compared with developed scenarios or goals and put into a temporal context. This allows you to deduce at which point in time which strategy is the most effective and when a strategy change must be initiated.
Define multiple strategies at once
Test your strategies in different scenarios
Further features
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Strategy Definition
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Strategy Evaluation
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Decision Matrix
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Link strategies with scenarios, trends, ideas, factors and risks
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Manage, describe and edit strategies
Our values in short
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Holistic Strategy Management
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Recognize opportunities and risks to adapt your strategy
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Browser Add-on and App for faster integration of relevant pieces of information
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Automated Reporting functions for fast communication
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Fully supported and trained by our Foresight experts
FSC Modules
Through strategic foresight methods such as Trend Management and Scenario Construction, we can reduce the complexity and uncertainty of a rapidly changing globalized world.
Designed for your team to create futures
Summary
Strategy management is the link between strategy, operations, and implementation planning. Every strategy follows a concrete goal - but companies are confronted with constantly and ever faster changing environments, posing increasingly higher demands on management and corporate strategy.
The more effectively you integrate the different levels and processes of the company into a holistic strategy prioritising long-term objectives, the better equipped they are for unexpected developments and changes. The management of these objectives must be part of the operational processes in the company as external and uncontrollable conditions are subject to change and difficult to predict.
Why one strategy isn’t enough?
Ensuring versatility when it comes to strategy formulation is vital to enable flexibility to react to a range of different scenarios an organisation may be faced with in the future. This allows managers to better react to changes and implement necessary strategic measures quicky. Different strategic objectives require different strategies for different scenarios: The more scenarios you can prepare for, the more robust your strategy management will be in times of disruption.
The market and competitor environment are characterised by an increased pace of disruption which means requirements and expectations are constantly changing – this is added to by exponential forces driving technological innovations and creating a challenging environment for the strategic management of any organisation.
The strategic significance, impact and potential of these developments must be continuously re-evaluated and reflected in a multifaceted corporate strategy. This is particularly relevant in VUCA (Volatile, Uncertain, Complex and Ambiguous) environments. These environments are often shaped by technological developments and innovations that are embedded in bigger systems resulting in a potential for wide-reaching and unexpected impacts.
Such drastic changes might disrupt or have a destructive effect on established business models. Making matters worse these changes are often impossible to anticipate and therefore require adaptive competencies in an organisation’s strategy management. The key to adaptability is to visualise a wide array different futures today in order to identify areas that can be actively shaped to use change for your own success.
The strategy management module has been designed to help you turn scenarios into success factors. Designing versatile and suitable strategic processes that are easily accessible will allow you to implement necessary measures all the more quickly.
In addition, our module enables you to adopt a cooperative approach to strategy evaluation at all levels of the company - assess possible strategies against different goals and scenarios for short-, mid-, and long-term horizons. Applying diversification techniques to your strategy creates a more future-proof approach and a potential to discover new opportunities that are easy overlooked in more one-dimensional strategies.
STRATEGY MANAGEMENT MODULE FOR HOLISTIC PROCESSES
Our strategy module within the Foresight Strategy Cockpit (FSC) facilitates the implementation of a multifaceted corporate strategy integrating all levels of your organisation. The FSC provides you with the right tool to do this digitally and efficiently allowing you to configure the different modules in line with your unique processes. The ability to be agile in a constantly changing market environment is a key success factor over the long term.
DIFFERENT SCENARIOS – ADAPTABLE STRATEGIES
The analysis of relevant factors that play a role for future developments should be integrated in a holistic and strategic management approach. This covers the evaluation of the current state of the company with regard to industry and market environment, as well as the corporate, vision, mission and policies. In addition, the strategic objectives should be viewed in interaction with anticipated technological developments that may have an impact on internal and external elements of your organisation. Formulating appropriate strategies that can account for a range of alternative future scenarios is vital for long-term planning. The results of these strategic analyses can be easily accessed through real-time reporting – allowing you to act to achieve your strategic objectives in a targeted and effective manner.
Frequently asked questions and answers
A strategy management software such as our Foresight Strategy Cockpit (FSC) provides companies with a tool to plan and implement their strategic goals and measures in a structured, efficient, and future-proof way.
In a fast-paced and often unpredictable business world, companies need a clear yet flexible strategy to remain capable of acting. A strategy management software supports proactive planning, scenario simulation, and continuous strategy adaptation.
Our Foresight Strategy Cockpit goes a step further: It integrates real-time data and expert knowledge, offers a variety of visualizations, and meets the highest security standards. Through modules such as trend management and scenario construction, companies can reduce uncertainty, identify opportunities earlier, and secure decisive competitive advantages.
The Foresight Strategy Cockpit combines various modules and processes to enable holistic strategy planning and implementation. It integrates qualitative and quantitative data, enables real-time team collaboration, and takes into account both internal corporate aspects and external market conditions. This gives companies a powerful solution to stay successful in an ever-changing market environment.
An optimal strategy results from the interplay of key factors: understanding internal structures and resources, analyzing external market and environmental conditions, and clearly defining goals and priorities.
Only when these influences are evaluated holistically can actions be derived that can be effectively anchored within the organization. It is essential that strategy work is not a one-time effort but is regularly adapted to new conditions. This creates a flexible, well-founded approach that provides orientation even under uncertainty and ensures long-term success.
