The Strategy Development Process is a comprehensive framework employed to formulate, delineate, and execute organizational objectives and actions. Generally undertaken by business leaders, strategists, and planning teams, this method involves assessing the current situation, identifying long-term objectives, and crafting actionable plans to achieve these goals. Through this structured approach, organizations can chart a clear path forward, aligning their resources and capabilities to meet market demands, address challenges, and harness opportunities, thereby ensuring sustained competitiveness and business growth.
With Praxie, I found a way to take what was in documents and spreadsheets and provide my team with a visual environment to drive our strategy with full accountability.
Praxie makes it easy to track progress on strategic objectives across the organization and it includes an executive level dashboard that makes it easy to provide real-time reports to the board on key initiatives.
I would heartily recommend the Praxie team to any organization seeking to seriously undertake a lasting and successful innovation process.
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Soren Kaplan has been recognized by Business Insider and Thinkers50 as one of the world’s top thought leaders in business strategy, innovation and the consulting industry. Soren is also a Wall Street Journal bestselling and award winning author of two books, an Affiliate at the Center for Effective Organizations at USC’s Marshall School of Business, a columnist for Inc. Magazine, and a globally recognized keynote speaker. He has consulted to and advised Disney, NBCUniversal, Kimberly-Clark, Colgate-Palmolive, Hershey, Red Bull, 3M, Medtronic, Roche, Philips, Cisco, Visa, Nucor, McKesson, Ascension Health, Cigna, CSAA Insurance Group, the American Nurses Association, AARP, and numerous others.