Integrated Business Planning (IBP) is a brilliant process to nurture cross-functional team engagement and achieve outstanding organisational performance. From my experience a πππππ ππππ ππ ππ π°π©π· ππππππππππππππ ππππ ππ π πππππ ππ πππ ππππππππ πππππ. However, there are some areas, where external consultancy can be of great support.
Principles for a successful IBP transformation:
β¨ Fully leverage the ππππππππ πππππππ ππ πππ ππππππππππππ!
β¨ Make sure that you have an ππππππππ π°π©π· ππππ
β¨ Build a strong π°π©π· ππππππππππ that will drive evolutionary improvement of process, system, and organisation
β¨ All team members should get the opportunity to πππ πππ ππππππ and to benefit from the learnings
β¨ Make sure that the process, system and organisational πππππππππ ππππππ ππ πππ ππππππππππππ.
External consultancy may be especially valuable to sharpen the πΎπ―π and the π―πΆπΎ of the process:
β¨ πΊππππ-ππππππ interviews with all functions to paint the picture of current condition versus IBP vision
β¨ Act as a sounding board and πππππππππ ππ πππ π°π©π· ππππ
bringing in external experience
β¨ ππππππππ πππ π°π©π· ππππ along the IBP transformation journey
β¨ setting up a πππππ ππππππππππ πππππππππ
β¨ supporting the teams not just on the technical aspects of Integrated Business Planning (IBP) (process, system), but also in the πππππππππππ πππππππ (people, organisation) of a cross-functional business transformation
Curious to hear about your experience during IBP transformations!