Headline:

The term fully integrated is one that is often used by solution providers.  But how can you assess their claims when there is no universal definition of what this term means?
This article provides a starting point to address this dilemma.

Content:

What’s the difference between Integrated Business Planning, Integrated Financial Planning, Integrated Performance Management and other integration-related management terms?  In fact, what comprises a fully integrated process?  These are questions for which there are no universally accepted answers.  Provided below are articles and videos that answer these questions.  They describe a maturity model that brings together strategic, financial and operational views of planning and performance management (P&PM) processes.  By exploring them, you’ll learn the following:

• • • • Specific capabilities that comprise mature P&PM processes
      • How these capabilities enable global manufacturers to manage complexity
      • How these capabilities address strategic, financial and operational challenges
      • How this maturity model differs from those used by technology analysts

Provided below are links to the articles that address P&PM maturity:

• • • • Strategic IBP: Driving Profitable Growth in Complex Global Organizations Click Here
        
      • Why Finance Should Own Integrated Business Planning Click Here
        

Provided below are links to YouTube videos that address P&PM maturity along with:

• • • • Executive Overview: This 6 minute video provides executives (of global manufacturers) with a high level overview of differences between strategic and tactical IBP (Integrated Business Planning) that will help them to make key choices about their IBP strategy. Click Here
        
      • Maturity Details: This 1 hour video provides a detailed understanding of differences between immature and mature forms of Integrated Business Planning. In so doing, it introduces the terms Strategic and Tactical IBP, the latter being the most common form of used by global manufacturers and provided by solution providers. Click Here
        

 

I 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 in companies that manufacture and distribute goods. Also, check out our YouTube Channel for further details about the perspectives contained in this and other LinkedIn posts.