SAP SM Introduction & Comparison to BW/BO

What is SAP Strategy Management?

It is a solution that aligns the strategy with our goals, initiatives and operational indicators, providing communication between all Intervenient.  It helps you communicate plans and objectives, align business units and allocate resources to key priorities, monitor and report on progress, and proactively take action when issues arise.

Key features of SSM

1.       Home Page: Here user can see all the related information. Initiatives, KPI summary, Alerts and operational reviews. Completely customizable as per user access and authority.

2.       Strategy maps: Used to visualize status of various strategic goals. Prepare pathway diagrams to build short term and long term strategy.

3.       Fishbone diagram: to identify and resolve bottleneck within an initiative by visualizing the links between strategy, goal, initiative, resource and other elements.

4.       Scorecard: This tab gives a visual display of strategic objectives that shows gap between actual and target. It displays the current score and the trend and helps the user focus on critical results by providing details of various KPIs

5.       Dashboards: These are used to provide information about specific operational goals and primarily used to measure and monitor operational metrics.

Key Advantages which SSM offers

1.       Accountability and Alignment: Assign individual responsibility for objectives, key performance indicators, and initiatives. Improve performance and align execution with strategy by connecting goals, initiatives, and metrics.

2.       Central KPI repository: Leverage a simple and centralized administration of KPIs to drive consistency. Get a quick indication of status with easy-to-interpret scorecards and drill down into more detail for additional analysis.

3.       Collaboration: Empower collaborators from all levels with embedded, threaded comments for discussions, as well as the ability to create and use operational reviews and link to external content, such as defined best practices.

4.       Impact and performance: Measure the impact of initiatives to best to allocate resources and compare business unit performance side-by-side or with other relevant benchmarks.

5.       Exception management: Receive automatic notification of below-horizon objectives that may be in jeopardy.

6.       Implement Balanced Scorecard: Measure various perspectives required for effective performance management of business.

What is Balanced Scorecard?

It is a management tool used for strategic planning and performance management. It helps align vision and strategy of organization to operational level activities.  Performance is measured for different perspectives like:

1.       Financial results

2.       Customer Satisfaction

3.       Internal Business Process efficiency

4.       Learning & Growth

How is SSM different from other reporting modules?