Most organizations are struggling with a disconnect between financial planning and the planning that goes on in operations/production, which leads to challenges in execution of strategy and errors in planning. This makes it difficult for businesses in general (and CFOs in particular) to deliver predictable results. The goal of integrated business planning (IBP) is to connect these disjointed teams, currently planning in their own silos with limited regard for the business realities of the other teams.
This guide outlines the current state of business planning, desired end-state IBP, the integrated business planning process, and the need for change. It provides questions to consider, shares survey findings, discusses integration with the existing framework, and offers key messages to take home.