The inside edge for SAP customers worldwide | Sponsored by SAP n Volume 12 Number 3
Global economic indicators continue to trend upward, showing that growth is returning to more companies and industries. This news is certainly welcome, but the task of effectively managing and fostering that growth while mitigating risk in the post-recession economy
brings a new set of challenges to your organization with, very likely, a new sense of urgency.
Senior Vice President
Line-of-Business Solution Management
One of these challenges actually began to
emerge well before the recession started — business networks started becoming increasingly
complex. Today, your customers, partners, and
suppliers are likely more diverse in terms of
their location, sophistication, and size. And
while that diversity has clear business benefits,
such as reduced risk in a particular geography
or sector, it also increases the complexity across
the supply chain. Companies that learn how
to collaborate better with their extended networks will be the most successful when it
comes to optimizing that diversity for growth.
As business networks have gotten more complex, so too have data networks. The increasing
flow of data from various information systems
and inputs brings a wealth of intelligence, but it
also brings a risk of data overload. Organizations that can process this data effectively and
decide better based on the resulting intelligence will have a competitive advantage in the
With a close eye on the bottom line in a post-recession environment, organizations must still
focus on controlling costs. Gone are the days
when unjustified spending and inefficient
processes and systems were tolerated. To
manage costs and maximize growth potential,
successful enterprises will develop strategies
and employ simpler, more streamlined processes to operate better.
Collaborate better, decide better, and operate
better — these are the hallmarks of a successful
strategy in today’s “Networked Normal” busi-
ness environment. But a strategy is only as
effective as its execution. The top performers
— the networked enterprises — are executing
on all three of these dimensions simultaneously.
Focusing on their core competencies, they effi-
ciently collaborate with customers, employees,
and partners to both extract value from and
bring value to their broader ecosystem.
Jul n Aug n Sep 2011 | sapinsider.wispubs.com | © 2011 Wellesley Information Services.
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