guide to integrated business planning

Integrated Business Planning

- 2 min read

Harness the power of integrated business planning with your guide to success

Great news for businesses looking to streamline their planning processes and achieve strategic alignment! We’re excited to share the release of the 2024 Intent Group Guide on Integrated Business Planning.

This comprehensive resource dives deep into the experiences of various companies on IBP journeys. Packed with insights, challenges, and solutions, the guide offers practical advice for organizations at any stage of IBP implementation.

What to expect

The guide offers a wealth of insights to help you achieve IBP success. Here are some key takeaways:

  • IBP unites your business: The guide clarifies the core function of IBP – bridging the gap between financial forecasts and Sales and Operations Planning (S&OP). This translates strategy into actionable plans for organizations of all sizes.
  • Planning for all horizons: Effective IBP caters to mid-to-long-term planning and short-term execution. This ensures your company stays focused on strategic goals while effectively managing day-to-day operations.
  • Setting the stage for success: The guide emphasizes the importance of clear goals, well-defined terms, and realistic implementation timelines from the outset. Establishing metrics for success and ROI allows you to track progress and measure the value of IBP.
  • Keeping it simple (but effective): The guide recommends starting with a basic IBP framework and gradually incorporating complexity as your organization becomes more comfortable with the process. Importantly, aligning IBP with your company culture is crucial for long-term adoption.
  • Maintaining focus: The guide stresses the importance of staying focused on long-term goals during IBP meetings. Your team can make strategic decisions that drive the business forward by avoiding getting bogged down in details and aligning with executive direction.

Learn from the experts

The guide, co-authored by Board and Oliver Wight, delves into several key areas for successful IBP implementation:

  • The impact of New Product Development (NPD): How to factor NPD into your IBP process.
  • IBP terminology: The pros and cons of using the term “IBP”.
  • Integrating technology: Insights on selecting and implementing IBP technology solutions that suit your business size and complexity.
  • Overcoming obstacles: Strategies for overcoming resistance to change and communication challenges across different languages and cultures.
  • Building a strong foundation: Best practices for data collection to ensure your IBP process is built on a solid foundation.
  • The right tools for the job: The importance of using the right tools to facilitate ongoing value creation and process improvement.

By establishing a well-defined IBP process and leveraging the right technology, you can drive positive change within your organization.

Show me more!

Whether you’re just getting started with IBP or looking to refine your existing process, the 2024 Intent Group Guide on Integrated Business Planning is a valuable resource. By prioritizing cultural alignment, setting clear objectives, and strategically integrating technology, you can achieve successful IBP implementation and unlock its benefits.

Download the full report and gain a deeper understanding of IBP to take your business to the next level.

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