SAP White Paper Sample

Succeeding in today’s competitive business environment requires constant innovation and execution of new strategies. For example, to drive growth, companies may modify business models, design new product and service offerings, acquire new lines of business, or cultivate new channel strategies. All the while, they are usually maintaining an awareness of the level of aggregated risk this strategy entails. To increase efficiency, companies may focus on optimizing their supply chain, automating processes, or outsourcing business processes.

However, most organizations -- even those with streamlined operations and compelling strategies adjusted for risk -- struggle to follow through on their strategic objectives. The challenge is both profound and widespread, impacting businesses at both the corporate and line-of-business level. Various studies have found that very few strategies, even those effectively formulated, are effectively executed. In nearly every case, these studies show, failures are not for lack of a well-defined strategy but due to the absence of a well orchestrated implementation plan bridging the gap to execution.