What is hidden strength in SAP LOD-SF-PM - Performance Management?

SAP Term: hidden strength

• Component: LOD-SF-PM

• Component Name: Performance Management

• Description: The competency on which employees rate themselves lower than others rate them by a defined amount.

Smart SAP Assistant

• Key Concepts: 
  Hidden strength is a term used in SAP Performance Management (LOD-SF-PM). It refers to the ability of an organization to leverage its existing resources and capabilities to achieve better results. This includes both tangible and intangible assets, such as technology, processes, people, and culture. 
  
  How to use it: 
  Organizations can use hidden strength to identify areas of potential improvement and develop strategies to capitalize on them. For example, an organization may have a strong customer service team but lack the technology to effectively track customer feedback. By investing in the right technology, the organization can leverage its existing customer service team to improve customer satisfaction. 
  
  Tips & Tricks: 
  When looking for hidden strength, it is important to look beyond the obvious. For example, an organization may have a strong sales team but lack the processes and systems needed to effectively manage customer relationships. By investing in the right processes and systems, the organization can leverage its existing sales team to increase customer loyalty. 
  
  Related Information: 
  Hidden strength is closely related to the concept of core competencies. Core competencies are the unique capabilities that give an organization a competitive advantage in the marketplace. By leveraging its core competencies, an organization can identify areas of potential improvement and develop strategies to capitalize on them.