Value of Debating and Commitment in EPM
Description:
One must know that successful companies are successful because they have implemented a solid Enterprise Performance Management (EPM) system and this gives them a competitive advantage. Now that we have discussed what EPM is and we have also seen the importance of gathering and interpreting data, we now need to Debate and Commit in order to move forward. Remember the idea is to implement EPM correctly in order to develop a competitive advantage.
Write a 700- to 1,050-word paper that explains how the elements of people fit into the EPM process.
- Analyze the process and explain the structure that can be used to record the alternative scenarios.
- Describe the six management operating steps of Debating.
- Explain the inputs and outputs of the Commit process, and interpret accountability.
Format your paper consistent with APA guidelines.
Introduction
Business managers need to understand how the element of people fit into the EPM process. In organizations, debates are held to turn or answer the “what if” into “what’s next” question when making business plans and laying strategies to achieve the strategic objectives (Dimon, 2013). On the other hand, the commitment process is set to bring focus and accountability into the enterprise. In these processes, people play significant roles, and thus, their views have to be considered. This paper will discuss how the elements of people fit into the EPM process and competitive advantage of an enterprise, particularly in the debate and commit stages of operations management.
Analyze the process and explain the structure that can be used to record the alternative scenarios
The purpose of implementing a robust ERP system is to access a closed-loop framework for resource deployment, decision making, new insights, fewer surprises, and competitive advantage (Dimon, 2013). Be it reporting, planning, and analytics; most companies are satisfied with deploying an enterprise resource management system (EPM), which theoretically brings to the company what they need to achieve. However, theorizing without is a capital mistake which these organizations make. Instead of twisting theories to suit facts, most organizations insensibly twist facts to suit EPM models and theories (Anderson, 2015). Although this theoretical approach brings to the organizations what they seek to achieve, there is a missing component, which is the most under-connected, underused, and underappreciated part of the EPM cycle.
This missing component is the most suitable structure that the organizations can use to record alternative scenarios, for example, in the commit process where determine the inputs needed and the expected outcomes. An ERP process and system for facilitating, taking records, communicating, and leveraging a robust debate about what is possible to do and achieve results for the organization should be opted for (Kallunki, Laitinen, & Silvola, 2011). Having an ERP system for debate would allow all people in the workplace to contribute and ensure….End of Preview….