EAM 2020 - the future of the discipline - The shaping factors - Business challenges in 2020
5 important questions on EAM 2020 - the future of the discipline - The shaping factors - Business challenges in 2020
What do we expect as common future challenges of business, independent of their strategy and structure?
- markets and customers,
- volume and profit,
- statutory requirements and compliance,
- ability to implement change, and
- resource efficiency
Describe future business' challenges in the domain market and customers and the EAM relevance:
The individualisation trend. A demanding digital generation is meeting a globalising market, which is enabled by technologies,
standards and the use of external partners.
EAM relevance: To increase the transparency of resources and
capabilities available to support orchestration and convergence of
services, goods and suppliers, so as to meet, maintain and grow customer demands.
Describe future business' challenges in the domain volume and profit and the EAM relevance:
Shareholder interests, global resource limits and new product combinations will lead to an increase in mergers and acquisitions (M&A) and carve out activities.
EAM relevance: To promote and support management practices
that consider and manage change holistically and that inform thebusiness about assets’ value.
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Describe future business' challenges in the domain statutory requirements and compliance and the EAM relevance:
Acting more globally will require enterprises to comply with diverse
financial and tax standards.
EAM relevance: To offer insight into data structures and flows,
and to show how they relate to business information requirements,process design and execution.
Describe future business' challenges in the domain ability to implement change and the EAM relevance:
A common challenge for companies will be the time-to-market
available to maintain a superior customer experience, while responding to new or changing market conditions.
EAM relevance: To provide a basis for the identification of the
implications of change activities and the planning and managementof the necessary actions.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
