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Integrated Business Planning: Redesigning Planning for a More Dynamic Business Environment

Integrated Business Planning (IBP) is a new term applied to a longstanding objective: to bring together and improve the accuracy of the disparate strands of forward-looking activities across a corporation in order to foster internal alignment and enhance agility. The goal of IBP is to increase the organization's financial return and improve its strategic position. Unlike many business and technology three-letter acronyms, IBP means exactly what it says: It's about planning (not just budgeting) across an entire business (not just one department, business unit or function) in an integrated fashion. IBP incorporates advanced planning techniques, including driver-based planning, rapid planning cycles and rolling-quarters time frames. The paper investigates the planning practices and needs of individuals and organizations as well as the potential benefits from improving their existing processes, information and systems.

Written by: Ventana Research

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