Functional silos remain the primary barrier to strategy execution. Research consistently confirms this fact! They undermine most strategies that organizations pursue, examples of which are shown in the picture above. They persist, despite efforts to eliminate them. In fact, 80% of cross functional coordination mechanisms – aimed at addressing these silos – are ineffective, according to Harvard Business Review.

For Operational Excellence and Transformation leaders, this can be a sobering statistic and a frustrating situation. Especially in global organizations, where silos erode even greater value because they contribute to complexity costs, an amount that can approach 5% of sales.

The problem is that organizations can’t effectively plan, manage and govern business outcomes. Especially in complex settings, where outcomes often span multiple functions and entities. Critical capability gaps prevent them from integrating strategic, financial and operational planning and performance management (P&PM) processes, the method for connecting business outcomes to processes, activities, resource requirements, assumptions and risks.

Addressing these gaps is one of the key challenges facing Operational Excellence and Transformation leaders. The complication is that there is no clear ownership of these capability gaps. Consequently, traditional financial budgeting and reporting processes are left in place – one of the primary factors that reinforce silos and erode value. This challenge is a key focus of the recorded webinar.

The webinar recording shows how these challenges can be addressed by establishing effective productivity management – a capability enabled by integrating strategic, financial and operational P&PM processes. Important takeaways will be an understanding of:

• • • How integrated P&PM processes create incremental capabilities that enable productivity management, together with related process changes
    • Why these integrated processes – that support productivity management – can be worth 5% of sales to global organizations
    • What organizations can do differently to realize this value

In explaining the above, the webinar describes important innovations for integrating strategic, financial and operational planning and performance management processes. And how such integration resolves management issues that are important to strategic, financial and operational executives. Links to the recorded webinar, along with the article upon which it is based, are provided below.

1. Link to Recorded Webinar

2. Link to Article Upon Which Webinar Is Based

I always welcome comments and opportunities to discuss these points of view. To this end, please feel free to connect with me and join the IBP Collaborative LinkedIn group, a key focus of which is on planning and performance management innovations and interconnected (strategic, financial and operational) issues with manufacturing and / or supply chain companies. Also, check out our YouTube Channel for further details about the perspectives contained in this and other LinkedIn posts.