What is a Strategic Initiatives Status Tracking and Accountability Form?

Strategic initiatives tracking forms are considered management tools and are used by executives to track the status and progress of the company’s strategic initiatives. Some of the key functionality in this type of strategic input template can help leaders and internal project managers track the status and progress of their strategic activities. The template typically includes the responsible person, tasks within initiatives, as well as current and past status. You will find an example of this type of strategic input template below.

Purpose of Strategic Initiatives Tracking and Status Forms

Companies and organizations use Strategic Initiatives tracking and status forms to make sure managers stay on track with the tasks that have been assigned to them. When used as part of good business practices in a leadership group and in a Financial Planning & Analysis (FP&A) Department, a company can improve its ability to execute on time as well as reduce the risk that the company is unable to deliver on their strategy.

Strategic Initiatives Tracking and Status Form Example

Here is an example of a tracking form for status and accountability as it relates to strategic initiatives.

Strategic Initiatives Status Tracking and Accountability Form

Strategic Initiatives Status Tracking and Accountability Form

You can find 100’s of additional examples here.

Who Uses This Type of Strategic Input Template?

The typical users of this type of strategic input template are: internal project managers and executives.

Other Strategic Input Templates Often Used in Conjunction with Strategic Initiatives Tracking and Status Forms

Progressive leadership groups and Financial Planning & Analysis (FP&A) Departments sometimes use several different Strategic Initiatives tracking and status forms, along with presentations related to strategic updates and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyses where budgets or forecasts are used, the data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Technology Solutions and More Examples