Manage creation, evaluation, execution, and monitoring processes within a single corporate environment
Storing strategies across different files, spreadsheets, presentations, and
independent departmental documents can weaken information integrity,
accountability tracking, and management visibility.
Minerva Strategy Management enables core strategy information, framework
components, analyses, hierarchical relationships, and execution records
to be maintained within a common system. As a result, the strategy development
process and its subsequent evolution become part of the organization’s corporate memory.
Manage strategy statuses
Strategies and strategy frameworks can be monitored using statuses appropriate
to their preparation and execution processes. Statuses such as draft, proposed,
active, or suspended enable management to view the current position of each
strategy within its lifecycle.
Separate strategies under preparation from other initiatives
Monitor strategies that are under evaluation or awaiting a decision
Identify active strategies currently in execution
Maintain records of strategies that have been suspended or are no longer valid
Manage strategy periods through start and end dates
Support strategy with corporate operations
Strategy execution is a multidimensional management activity that must be
addressed together with meetings, corporate activities, issues and requests,
risks, and feedback processes.
The operational management components within Minerva Strategy Management
support the management of corporate activities arising during strategy execution
through common definitions and systematic record structures.
Meetings:
Common meeting types and templates can be created for strategy review
and execution meetings.
Corporate Events:
Corporate initiatives and events associated with the strategy can be defined.
Issues and Requests:
Matters arising during execution can be managed according to their categories
and severity levels.
Risks:
Strategic risks can be classified using common risk categories and
assessment levels.
Surveys:
Survey groups can be created for required feedback and evaluation activities.
Performance Definitions:
A common corporate definition structure can be established for
Key Performance Indicator objects.
Create a common and reliable source of information for management
Instead of maintaining fragmented strategy information across different business
units, a centralized record environment is established for management. The strategy’s
scope, components, organizational ownership, subordinate levels, execution activities,
risks, and changes can be evaluated together.
Preserve the background and rationale of strategic decisions.
Generate corporate knowledge from previous strategy initiatives.
Reduce information loss during management transitions.
Create a comparable structure across different strategies.
Strengthen the connection between planned activities and execution records.
Transform strategic management from a process remembered by individuals
into a system managed, monitored, and continuously improved by the organization.