Every year has its challenges but some are more dramatic than others. Who predicted and planned for Covid-19, for example? As we look to the further uncertainty that lies ahead, how businesses increase their agility and build resiliency will determine their stability and profitability.
At a time when organizations are looking to their planning capabilities to bridge gaps and enable business development and fulfilment, Integrated Business Planning (IBP) has never been more relevant. But how does it fit into this world of increased IT and data complexity and the tempting promise of modern technology? The key is to understand what IBP seeks to do, and then ensure that the business (people, process, and tools) is aligned to this purpose.
This white paper outlines five steps to enabling a more integrated, sophisticated and cost-effective IBP integration.