Transform strategic assessments into concrete actions
Manage the entire process, from SWOT analysis to task, activity, and risk management
The strategy development process is not limited to defining objectives for the
future. The organization must accurately assess its current position, existing
capabilities, areas requiring improvement, opportunities in the external environment,
and the threats it faces.
Minerva Strategy Management enables you to prepare a comprehensive
SWOT analysis for each strategy. Strengths,
weaknesses, opportunities, and threats are recorded in separate areas,
making the assessment framework underlying the strategy clearly visible.
Make SWOT analysis an integral part of your strategy
Strengths:
Identify the resources, capabilities, and successful practices
that provide the organization with a competitive advantage.
Weaknesses:
Identify deficiencies that may limit strategy execution and areas
requiring improvement.
Opportunities:
Assess the potential advantages arising from market developments,
technology, customer expectations, or regulatory changes.
Threats:
Identify external conditions and risk sources that may adversely
affect the success of the strategy.
Connect analysis with execution
Assessments must be supported by tasks and activities in order to generate
organizational results. Minerva helps manage the activities required
within the scope of the strategy together with the relevant strategy.
Strategic Management Question
Minerva Management Component
Where are we today?
Historical background, strategy details, and SWOT analysis
Where do we want to be?
Vision, strategic goals, and objectives
How will we achieve our objectives?
Initiatives, actions, tasks, and activities
What could prevent success?
Risk management, issues, and threats
What changed during execution?
Issue and change records
What is the background behind the decisions?
Notes, descriptions, and related records
Manage tasks and activities within their strategic context
By linking tasks and activities to the strategy, execution efforts
are not carried out independently of strategic objectives. Management can
monitor the strategy or objective under which each activity is performed.
Centralized definition of tasks arising from the strategy
Association of execution activities with the relevant strategy
Monitoring of start and end dates
Tracking the current status of activities
Recording issues encountered during strategy execution
Evaluating changing conditions and decisions together with the strategy
Do not manage risks separately from your strategy
Strategy-related risks can be managed using common definitions such as
risk categories, impact types, probabilities of occurrence, impact levels,
and risk levels. This establishes a corporate classification and assessment
approach for risks evaluated across different strategies.
Transform strategic thinking that begins with analysis into an actionable
management plan supported by tasks, activities, and actions.