What is cascaded objective in SAP EPM-SM - Strategy Management?

SAP Term: cascaded objective

• Component: EPM-SM

• Component Name: Strategy Management

• Description: An objective that is related and linked to objectives in children contexts.

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• Key Concepts: 
  Cascaded objectives are a feature of SAP EPM-SM Strategy Management that allows users to create a hierarchy of objectives. This hierarchy is used to define the relationships between different objectives and to ensure that all objectives are aligned with the overall strategy. The cascaded objectives feature allows users to create a visual representation of their strategy and to easily track progress towards achieving their goals. 
  
  How to use it: 
  To use the cascaded objectives feature, users must first create a strategy map. This map will serve as the foundation for the cascaded objectives hierarchy. Once the map is created, users can then add objectives to it and define the relationships between them. The relationships can be defined by assigning each objective a parent objective, which will be used to create the hierarchy. 
  
  Tips & Tricks: 
  When creating a cascaded objectives hierarchy, it is important to ensure that all objectives are aligned with the overall strategy. This can be done by assigning each objective a parent objective that is related to the overall strategy. Additionally, it is important to ensure that each objective has measurable goals and that progress towards these goals can be tracked. 
  
  Related Information: 
  For more information on using the cascaded objectives feature in SAP EPM-SM Strategy Management, please refer to the official documentation available on SAP's website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.