Business strategy success revealed in new research report by SuccessFactors
SuccessFactors and Accenture recently commissioned a report entitled, ‘The Link Between Strategic Alignment and Staff Productivity’, which identifies the key to business performance management, the link between strategic alignment and staff productivity, and also highlights characteristics of the Next Economy.
Leading provider of cloud-based Business Execution (BizX) software solutions, SuccessFactors says that business leaders need to carefully assess their own organisation’s status in relation to the study’s findings, whilst at the same time considering what the Next Economy looks like. Business leaders who recognise potential organisational shortcomings will emerge as the winners in the Next Economy.
“Achieving business success in the new economy is more than simply being on the right course or redefining a new strategy. These are merely minimum requirements,” said Erik Berggren, Vice President of Customer Results and Global Research at SuccessFactors.
Berggren added, “Specifically, what matters most are the people who will execute the strategy – many of whom CEOs and senior management will never meet. It is essential for business leaders to align their team’s work with the overall business strategy and it is clear that most don’t know how to do this effectively. At SuccessFactors we work with customers to deal with this every day and through our Business Execution (BizX) solutions we are helping companies reverse this trend.”
The full report and accompanying SuccessFactors and Accenture white paper, ‘Winners & Losers in The New Economy’, can be downloaded at http://www.successfactors.co.uk/accenture.
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