The Integrated Reconciliation Review: Deploying Strategy with Integrated Business Planning

The fifth white paper in Oliver Wight's seven-paper series, Deploying Strategy with Integrated Business Planning, highlights the role of the fourth step in the Integrated Business Planning (IBP) cycle, the Integrated Reconciliation Review (IRR).

The purpose of the Integrated Reconciliation Review is to establish the agenda and content for the final stage of the IBP process – The Management Business Review (MBR). In the IRR, the unresolved issues from the previous three steps are filtered and, where they cannot be addressed, prepared for escalation to the executive team in the MBR. The IRR is also where the comprehensive operational plan is financialized and compared to appropriate commitments, e.g., annual operating plans or strategic plans, to identify gaps.