Businesses today need to constantly assess their strategies for success. Strategic management helps businesses identify strategies they can use to achieve better performance and a competitive advantage.
We provide SAP Strategy Management (SSM) solution, which closes the gap between strategy and execution by identifying and properly resourcing key initiatives.
Main benefits of using strategic management solutions are:
Businesses that engage in strategic management are more profitable and successful than those that do not have the benefit of strategic planning and strategic management.
High performing businesses tend to make more informed decisions because they have considered both the short term and long-term consequences and hence, have oriented their strategies accordingly
- Increased problem-solving capabilities
Strategic management can often improve problem solving and problem preventing capabilities of the business
Strategic management offers the potential for an enduring edge over rivals
The SAP Strategy Management (SSM) application integrates the following pillars of strategic management: goals, initiatives, and key performance indicators. It can link these to accountable individuals, enabling organizations to hone their decision making and achieve their objectives.
With SSM you are provided with a solution that can manage and integrate all of your figures needed to deal with current business questions related to corporate strategy.