What is theme in SAP EPM-SM - Strategy Management?

SAP Term: theme

• Component: EPM-SM

• Component Name: Strategy Management

• Description: Descriptive statement representing a major component of a strategy, as articulated at the highest level in the Vision. Themes are often drawn from an organization's internal processes or the customer value proposition, but may also be drawn from key financial goals. The key is that themes represent vertically linked groupings of objectives. Themes are often stated as phrases that are easy for the organization to remember and internalize.

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• Key Concepts: 
  A theme is a high-level concept or idea that is used to organize and structure the strategic planning process in SAP EPM-SM Strategy Management. It is a way to group related objectives, initiatives, and activities together in order to achieve a common goal. Themes are typically used to define the overall direction of an organization and can be used to identify areas of focus for strategic planning.
  
  How to use it: 
  Themes can be created in SAP EPM-SM Strategy Management by selecting the “Create Theme” option from the main menu. This will open a window where you can enter the name of the theme, a description, and any related objectives or initiatives. Once created, themes can be used to organize objectives and initiatives into groups that are related to each other.
  
  Tips & Tricks: 
  When creating themes, it is important to ensure that they are specific enough to provide direction but not so specific that they limit creativity or flexibility. Additionally, it is important to ensure that themes are aligned with the overall goals and objectives of the organization.
  
  Related Information: 
  For more information on themes in SAP EPM-SM Strategy Management, please refer to the official documentation available on the SAP website. Additionally, there are many online resources available that provide tips and best practices for creating effective themes.