Recently Gartner commented at a conference that, if organizations want to be or remain world-class, they need to consider spending 8 times more on execution than they spend on innovation. What?! Just yesterday everyone was saying ~ “innovate or die”. The context to the statement was not that innovation isn’t important, but with innovation happening much faster, cheaper and more aggressively than ever before, an organization’s ability to remain agile enough to execute to the latest innovation is becoming a priority.
So where do we spend that money, to become/remain more agile in our execution? Technology seems to the be the obvious choice. As an example, SAP S/4 HANA was developed to provide companies with a digital platform for gathering information rapidly, responding instantaneously and disrupting business processes and, even, business models. As the new SAP slogan states: “Run simple, run live”.
What history has taught us though, is that this digital wave will have many similarities to other waves we have had to endure in the past. Remember the days when we all heard that mainframe technology would soon be dead and would be replaced by client-server? Then there was the certain “end of the world” due to Y2K’s two-digit year limitations. The internet phenomenon changed the way we share information and advancing mobility technology put humans in charge of the user experience. What we have found is that no matter which impending disruption we are about to face, if we do not align the strategic intent with the day-to-day execution, we will not realize the business benefit of becoming an efficient, effective and scalable world-class value-chain.
To align strategy with execution, organizations will need to overcome the following top five factors that continuously drive a wedge between people (and their behaviors) and best practice/system processThe absence.
To address these challenges, Reveal’s ongoing VALUE optimization® (oVo®) takes a holistic approach to drive people behavior, process, and best practice alignment.
Digital is exciting, and S/4 HANA is a great platform on which to capitalize on the digital era. But be cautioned as in previous technology disruptions, we need to ensure that the modern-day organization is ready to capitalize on the impending change. By aligning the strategic and the tactical elements of the value stream and addressing the system, process and people elements holistically, organizations will be able to step into the new era with confidence!
If you are interested in more information on this topic, the upcoming 2019 Webinar series will help attendees to further their understanding on how to prepare their business, mature the organization and transform their employees to capitalize on the new technology (S/4 HANA Business Suite).Tags: Digital Transformation, Optimization, S/4 HANA, SAP, SAP Best Practices, Supply chain