I read with great interest the news last week that activist investor Elliott has taken a $1.3 billion stake in SAP. A few of our ASUG Members likely have very intimate knowledge of what can happen when an activist investor starts getting involved in their organizations. Welcome to the club, SAP.
You need leading processes powered by information and technology for your business to compete, innovate, and grow. So then, why isn’t your information technology (IT) and information systems (IS) team integrated within your decision-making process?
To start, let me define information systems/information technology (IS/IT), which consist of people, processes, machines, and information technology. The key word is information, and it is your most valuable commodity.
Regardless of what you call the team—it is ultimately responsible for driving value..
So much has changed in our digital landscape in recent years. What started as a quest to capture data and get a view of how the business is performing has become a platform for continuous learning. People and machines now can work together to continuously uncover new–and hopefully better–ways to get things done.
Digital transformation. It’s an interesting term that pops up in nearly every business conversation, but few people truly understand what it is. The literal definition of “digital transformation” implies a permanent shift from one state to another–an attainable, concrete, and final destination–achieved through the use of technology.
This is a follow-up to our recent webcast: Aligning Your Strategy and Systems to Drive Results. While this presentation was geared towards our ONE.Source Community for SAP Business One, the content was mostly product-agnostic and has general application for small and midsized businesses, regardless of the technology platform you may use.
As we covered in the webcast, the primary success factor in this process is to start with a view of the overarching business goals. In the McKinsey 7S Process we..