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    The Oliver Wight IBP

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    Ahmad
    The Oliver Wight Integrated Business Planning model is a framework that aligns business processes across an organization to improve collaboration, decision-making, and the integration of strategic, operational and financial planning. The key components of the model include establishing executive leadership commitment and cross-functional governance, integrating demand and supply reviews, holding executive IBP meetings to align plans and make critical decisions, reviewing business plans while integrating financials and identifying risks, reconciling discrepancies between demand and supply plans, regularly reviewing performance and identifying opportunities for improvement, fostering a culture of collaboration, and utilizing technology and data analytics to support the process.

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    The Oliver Wight IBP

    Uploaded by

    Ahmad
    76 views2 pages
    The Oliver Wight Integrated Business Planning model is a framework that aligns business processes across an organization to improve collaboration, decision-making, and the integration of strategic, operational and financial planning. The key components of the model include establishing executive leadership commitment and cross-functional governance, integrating demand and supply reviews, holding executive IBP meetings to align plans and make critical decisions, reviewing business plans while integrating financials and identifying risks, reconciling discrepancies between demand and supply plans, regularly reviewing performance and identifying opportunities for improvement, fostering a culture of collaboration, and utilizing technology and data analytics to support the process.

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    The Oliver Wight Integrated Business Planning model is a framework that aligns business processes across an organization to improve collaboration, decision-making, and the integration of strategic, operational and financial planning. The key components of the model include establishing executive leadership commitment and cross-functional governance, integrating demand and supply reviews, holding executive IBP meetings to align plans and make critical decisions, reviewing business plans while integrating financials and identifying risks, reconciling discrepancies between demand and supply plans, regularly reviewing performance and identifying opportunities for improvement, fostering a culture of collaboration, and utilizing technology and data analytics to support the process.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    76 views2 pages

    The Oliver Wight IBP

    Uploaded by

    Ahmad
    The Oliver Wight Integrated Business Planning model is a framework that aligns business processes across an organization to improve collaboration, decision-making, and the integration of strategic, operational and financial planning. The key components of the model include establishing executive leadership commitment and cross-functional governance, integrating demand and supply reviews, holding executive IBP meetings to align plans and make critical decisions, reviewing business plans while integrating financials and identifying risks, reconciling discrepancies between demand and supply plans, regularly reviewing performance and identifying opportunities for improvement, fostering a culture of collaboration, and utilizing technology and data analytics to support the process.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    The Oliver Wight Integrated Business Planning (IBP) model is a comprehensive framework designed

    to align an organization's business processes and functions to achieve seamless collaboration,


    improved decision-making, and the integration of strategic, operational, and financial planning. The
    model is designed to bridge gaps between traditional siloed approaches to planning and create a
    holistic, cross-functional approach. Below, I'll outline the key components of the Oliver Wight IBP
    model in detail:

    1. Foundation:

    - Executive Leadership Commitment: The leadership team commits to driving the IBP process,
    setting the tone for cross-functional collaboration and alignment.

    - Governance: Establish a cross-functional governance structure to oversee the IBP process and
    resolve issues.

    2. Process Integration:

    - Demand Review: Collaboratively develop an accurate demand forecast based on market insights,
    sales data, and other relevant factors.

    - Supply Review: Evaluate the organization's production capabilities and supply chain constraints to
    ensure alignment with the demand forecast.

    - Pre-IBP: Prepare inputs, data, and analyses for the executive IBP meeting.

    3. Executive Integrated Business Planning (IBP) Meeting:

    - Preparation: The executive team reviews the demand and supply data before the meeting.

    - Meeting: The leadership team meets to review and align on the integrated plan, discussing key
    issues and decisions that require resolution.

    - Decision Making: Critical decisions are made during this meeting to address imbalances between
    demand and supply.

    4. Business Plan Review:

    - Financial Integration: Integrate the operational plan with the financial plan to ensure alignment of
    business goals and resources.

    - Portfolio Review: Evaluate the performance and alignment of products and services with the
    business strategy.

    - Risk and Opportunity Assessment: Identify risks and opportunities that could impact the business
    plan.

    5. Integrated Reconciliation:

    - Demand-Supply Reconciliation: Resolve discrepancies between demand and supply plans through
    collaborative decision-making.

    - Financial Reconciliation: Align financial projections with operational plans to ensure consistency
    and feasibility.
    6. Management Business Review:

    - Performance Review: Evaluate actual performance against the integrated plan and identify
    deviations.

    - Action Plan Review: Assess progress on action items defined in previous meetings.

    - Scenario Planning: Discuss and evaluate "what-if" scenarios to anticipate potential challenges or
    opportunities.

    7. Performance Management:

    - Key Performance Indicators (KPIs): Define and track KPIs that measure the effectiveness of the IBP
    process and overall business performance.

    - Continuous Improvement: Regularly review the IBP process and identify opportunities for
    improvement.

    8. People and Behavior:

    - Behavioral Alignment: Foster a culture of collaboration, accountability, and open communication


    across functions.

    - Training and Development: Provide training to team members involved in the IBP process to
    enhance their skills and understanding.

    9. Technology and Tools:

    - Information Systems: Implement or enhance technology solutions that support data sharing,
    scenario analysis, and real-time visibility.

    - Analytics: Utilize data analytics to gain insights and support decision-making within the IBP
    process.

    The Oliver Wight IBP model emphasizes cross-functional collaboration, continuous improvement,
    and a structured approach to aligning strategic and operational plans. It aims to break down silos,
    improve communication, and enable agile decision-making based on a unified view of the
    organization's performance and objectives. Remember that the model may be adapted to fit the
    unique needs of each organization, and successful implementation often involves the guidance of
    experienced consultants familiar with the methodology.

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