Turning Strategy

               Into Action

The Balanced Scorecard concept of Robert S. Kaplan and David P. Norton is a management methodology for communicating the enterprise strategy and converting it into operational targets for all levels of the enterprise. SAP SEM has been the first software on the market to have been certified by the Balanced Scorecard Collaboration, that has been founded by David Norton. SAP SEM is the marriage of the balanced scorecard methodology and advanced OLAP technology.

The single most important skill in business today is the ability to translate strategy into action. This is increasingly difficult in large or more complex organizations, where the distance between those who formulate a strategy and those who carry it out can be significant. Using SAP SEM’s balanced scorecard, an organization can clearly define and communicate strategies such as product innovation, customer intimacy, and operational efficiency.

SEM-CPM contains the functionality required to define and operate an enterprise-specific Balanced Scorecard.

• Definition of strategic objectives and assignment to the Balanced Scorecard perspectives and strategic themes.
• Definition and visualization of causal relationships between the strategic objectives.
• Assignment of KPIs to the strategic objectives.
• Assignment of initiatives to strategic objectives.
• Assignment of owners to objectives, KPIs and initiatives.
• Progress and achievement monitoring through owner assessments.
• Mail and comment functions for assessments.
• Visualization of target achievement with traffic light reporting.