Stop Planning in Silos
If your department cannot see the operational data of other business functions, then you are planning in a silo. Integrating your planning processes with other functions, will drive better focus, outcomes and success for you and your organisation.
Unfortunately, departmental level planning is still the standard practice in many businesses. The current volatility in the market has clearly shown this method is causing major heartache and losses for organisations that are not keeping pace with competitors due to disparate and disjointed planning processes. Embracing integrated planning will give your organisation the agility, speed and nimbleness to survive.
Breaking it down, linking your strategic plans with financial and operational plans will give you greater visibility into the interconnected relationships between resources, and will reveal and even improve your organisational capabilities for vastly improved results.
Integrated Business Planning will enable the organisation to maximise performance, leading to better use of information to drive better business planning, leading to stronger KPI’s and strategic goals.
An Integrated Business Planning solution will drive greater:
Breaking it down, Integrated Business Planning combines data from both finance and operations across the business, to enable the organisation to maximise performance. This will link your strategic plans with financial and operational plans, giving greater visibility of the interconnected relationships between resources, capabilities, and results. This ultimately leads to better use of this information to drive better business planning, KPI’s and strategic goals.
Integrated Business Planning will benefit you thru better: