Strategic planning processes digitized with Solyp

The Solyp platform replaced Excel-based strategic planning at BASF many years ago. This ensured greater consistency of strategy data and measures. Simultaneously, the time required to track strategy implementation has been significantly reduced.

Dr. Michael Bretz, Head of Strategic Controlling, BASF SE

COMPANY PROFILE

The BASF Group employs approximately 122,000 people and has customers in almost all industries and around the world. In 2018, BASF achieved sales of around 63 billion euros. It is important to the chemical group to reconcile economic success with environmental protection and social responsibility. Overall, the portfolio of the chemical group comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions.

Reduce sources errors, increase comparability

Since 2009, Solyp supports BASF in structured, linked, and consistent data management. Based on this positive experience, the chemical group went one step further in 2015 and decided that Solyp should replace the Microsoft programs Excel and PowerPoint as standard software for strategic planning processes. Also because the Solyp standard software increases the comparability of strategic data and reduces sources errors.

In future, non-Excel-based strategy processes throughout BASF will also be mapped in the Solyp platform. Existing strategic tools such as SWOT analyses or competitive analyses will be integrated. Thus, the entire strategy process from market and competition analysis to the deriving of concrete investment plans can be digitally managed.

Results with Solyp

Standardized Planning Process

With Solyp, strategic data is bundled and becomes more comparable. Decisions can be made in a more timely manner as all required information is directly available.

Single Point of Truth

The data is available to any potential employee in one place, bundled and structured. This minimizes sources errors.

Intelligent Linking of the Data

Quantitative and qualitative information is collected and clearly presented in one tool so that, for example, market trends can also be incorporated into the decision-making process.

How can Solyp 4.0 support your strategic work?

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