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Measurement and follow-up: Many SMEs lack robust systems to measure and follow up on strategic initiatives.
Measurement and follow-up: Many SMEs lack robust systems to measure and follow up on strategic initiatives.

Here's how GoalEnvision helps with the most common strategy challenges faced by SMEs

Jörgen Forslund avatar
Written by Jörgen Forslund
Updated over a year ago

GoalEnvision is designed to help SMEs solve the challenge of poor measurement and follow-up of strategic initiatives. Here is how GoalEnvision can help with this:

Defined Metrics and Indicators:

For companies that lack robust measurement systems, GoalEnvision offers pre-defined metrics and indicators that are linked to strategic goals. This saves time and resources by providing a clear set of KPIs and metrics that can be used to evaluate progress.

Visual Presentation of Data:

By using magic charts and traffic light indicators on the home page, GoalEnvision provides a visual presentation of data and KPIs. This makes it easy for users to quickly get an overview of the status of goals and identify areas that require attention.

Measurability in Strategic Objectives:

Strategic goals in GoalEnvision include measurable metrics and responsible people. This creates clarity on how each goal will be measured and who is responsible for tracking and reporting the results.

Automated Reminders and Notifications:

To ensure that measurement and follow-up are not overlooked, GoalEnvision sends automated reminders and notifications to report results and outcomes. This keeps everyone engaged and updated in real time.

Perspective-based Monitoring:

By integrating different perspectives such as marketing, sales, operations and finance, GoalEnvision provides a holistic view of how strategic initiatives impact different parts of the business. This makes it possible to assess and manage performance from different angles.

Customisable Metrics:

For companies with specific needs, GoalEnvision allows for the customisation of metrics and indicators based on their industry or goals. This allows companies to measure and track initiatives in a way that is relevant to their business.

In summary, GoalEnvision enables the measurement and monitoring of strategic initiatives for SMEs by offering pre-defined metrics, visual presentation of data and a structured approach to defining and monitoring KPIs. By automating reminders and integrating different perspectives, the tool provides a holistic view of the initiatives' impact and progress.

Related Articles
Lack of resources: Smaller companies often cannot afford to hire dedicated strategy consultants or in-house strategy teams.
Change management: With rapid technological development and market changes, adaptability is critical.
Time saving: SMEs often have less time and resources to devote to strategy work.
Difficult to prioritise: With limited resources, it can be difficult to know which strategic initiatives should actually be prioritised.
Complexity of collaboration: With multiple departments, suppliers, and other stakeholders, coordinating strategic initiatives can be a challenge.
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