Integrated Business Planning

I have a business with a great product and tremendous opportunity with a great team, however I am concerned with our ability to achieve our aggressive growth targets. It seems like we have so many issues with just getting through the month on plan that I am concerned our longer-term goals just won’t happen.  Our current sales plans continue to decrease each month and yet supply chain backorders continue to increase.  My sales team is suggesting that revenue growth will turn around next quarter, but our supply chain continues to struggle with the current demand claiming that the forecast is…

The real value of integrated business planning (IBP) is the ability to establish credible plans that enable the business leadership to make the appropriate tactical and strategic decisions that aligns with the business’s ambitions over the long-term horizon.   To accomplish this, the IBP process requires transparency of bottom-up plans with credible assumptions that can be financialized that leadership trusts.   Unfortunately, integrating finance into the IBP process can be challenging for an array of reasons that often result in financial leaders becoming frustrated.  This frustration is recognized when you hear comments such as, “the business doesn’t know how to plan”, or…