Don’t Forget to Ask These 10 SAP EPM Strategy Management Questions

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Starting Your SAP EPM Journey

Are you about to embark on a SAP EPM (Enterprise Performance Management) Strategy Management development exercise?  Then you should remember to ask or get answers to the following questions:

  1. Can you communicate and visualize corporate strategy with all employees and help them understand their role in meeting these objectives?

  2. Do employees share insights or ask questions about strategic goals?

    Is there a forum, such as a wiki, tied to the organization’s objectives that allows all shareholders to  collaborate?

  3. Can performance shortcomings be tied back to initiatives to correct those shortcomings? 

    • How are initiatives created to address tracked performance shortcomings?

    • Can you tie these initiatives to strategic objectives?

    • Do objectives have a simple way for employees to maintain their status?
  4. Do know how many metrics do you track?

    Does your organization struggle to determine what true key performance indicators are due to the sheer number of KPI's

    How many metrics/KPI's do you have?

    Have you performed a KPI sweep?

  5. How do you ensure that resources are deployed on the initiatives that will have the most impact on the organization?

  6. How effective are Operational Reviews? Do you have access to live data when it’s needed? 

  7. Are business KPI's, Measures, and other Leading Indicators / Operational Analytics implemented uniformly and tied to business objectives?

  8. Is there active executive management support for BI?

    What can be done to strengthen executive support?

  9. What is your utilization rate of office-based tools like Excel and PowerPoint to create dashboards and scorecards to measure performance? 

    • If your dashboards are created in enterprise level tools, like SAP Webi or xCelsius, are they fed through to these office tools?

    • Who and how many different groups create these dashboards and how much time do they spend creating them?

  10. How can your users get to the performance information they need to make their decisions?

    What are the current challenges to getting this information today?

    Are there any pain points with your current Strategy Planning process?


SAP EPM Supports Balanced Scorecard

 

A Successful Strategy Depends Upon a Solid Datawarehouse

 

SAP Strategy Management (SAP SSM)

 

These questions, once answered, should provide a solid foundation for building a Strategy Management system linked through to your business intelligence systems and dashboards.  SAP SSM is an ideal tool for this. 

 

SAP EPM Consulting

 

Need some help developing your own Enterprise Reporting Strategy?  We offer a complete suite of SAP Enterprise Performance Management Services.

 

Get Help Developing  a Reporting Strategy

 

People who read this article also read:

7 Questions typically answered by a BI Strategy

 

Topics from this blog:
Best Practices SSM Strategy Management EPM

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Lonnie D. Ayers, PMP

About the Author: Lonnie Ayers is a Hubspot Certified Inbound Marketing consultant, with additional certifications in Hubspot Content Optimization, Hubspot Contextual Marketing, and is a Hubspot Certified Partner. Specialized in demand generation and sales execution, especially in the SAP, Oracle and Microsoft Partner space, he has unique insight into the tough challenges Service Providers face with generating leads and closing sales using the latest digital tools. With 15 years of SAP Program Management experience, and dozens of complex sales engagements under his belt, he helps partners develop and communicate their unique sales proposition. Frequently sought as a public speaker in various events, he is available for both inhouse engagements and remote coaching.
Balanced Scorecard Consultant

He also recently released a book "How to Dominate Any Market - Turbocharging Your Digital Marketing and Sales Results", which is available on Amazon.

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