| Every organisation strives for strategic
differentiation, whether it be along product, process or
cultural lines. However, as David Morgan, CEO of Westpac
Banking Corporation tells us, we may have been going about it
in
the wrong way.
“It is not the
differentiation of strategy that you need to look to, but
differentiation of execution, and the proof of that pudding is
in the eating.”
A critical step in executing any business
strategy is the ability to access and analyse information.
Today most organisations have amassed volumes of information
and yet it could be said these organisations are still
“intelligence poor”. The investment by business in ERP and CRM
systems was expected to deliver value and business efficiency,
yet what we have seen is the development of a much more
complex environment. These issues may sound familiar – ongoing
infrastructure investment, system integration issues,
reporting and consolidation issues and difficulty in measuring
strategic change.
Innovative organisations are now realising
that successful strategy execution, performance management,
customer and supplier understanding will only be gained
through intelligence. Often gained from your existing internal
information assets, it is this “intelligence” that is being
seen as the true mark of business differentiation going into
2003.
Around the world, organisations are realising the
importance of intelligence and effective strategy
implementation in creating and driving value, and being
able to deliver and communicate this value and increased
effectiveness to key stakeholders.
Enterprise wide
intelligence, realising value from existing legacy, ERP and
CRM investments and effective strategy implementation have
never been more important for business leaders.
SAS, working
with its key partners, has been recognised as the global
leader in delivering intelligence across the organisation.
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