Improve results with better business execution.
A gap exists between strategy and performance. Most strategies deliver only 63 percent of their potential financial value.1 The obstacles that limit strategy occur at the point where people execute it — inadequate performance monitoring, poor communication and collaboration, actions that are not clearly defined, and blurred accountability.
To close the execution gap, people across your organization need the systems, processes, and tools that can improve business execution and get results. SuccessFactors is a cloud-based business solution designed specifically to meet that need in enterprise-class organizations and small and midsize businesses.
The first step in closing the execution gap is to align your people with your strategy across the entire organization. We subdivide your strategy into a series of goals, cascade those goals to every employee in the company, and then track progress against those goals. That’s the way we track how each person’s work supports the strategy. The result is focus, visibility, and accountability. It’s easier to prepare for the future.
The next step is to optimize performance throughout the employee life cycle. You can find the right people and get them into the right roles. You can help them gain the knowledge and skills needed to succeed, and then reward them as you develop them into future leaders. Our tightly integrated talent management solutions support a full set of mobile devices and functions across the suite.
Finally, you can accelerate your business with insights provided by the SuccessFactors Workforce Analytics and SAP Jam solutions. You’ve never before seen these kinds of insights without help from your IT team and plenty of internal resources.
That’s the power of better business execution, and that’s what we do.
1 Michael C. Mankins and Richard Steele, “Turning Great Strategy into Great Performance,” Harvard Business Review, July-August 2005.