The tug of Siloed Business Planning
When teams within an organisation operate in siloes, the effects can be detrimental to the business. It results in gaps, inefficiencies, and lost productivity. Substantial effort is put in to strategising and planning at various departmental levels, but when not integrated at an enterprise level, the planning effort is diminished and the return may not be as effective.
During the last ten years I have seen these issues occur in many organisations of all sizes and across multiple industries on a regular basis. When teams work together towards one integrated business plan, it increases the chance of successful outcomes. In an interview with Stuart Harman, partner at Oliver Wight Asia Pacific, we asked:
What are some of the signs and symptoms to look for in a disintegrated planning environment?
- Short term focus and operational planning.
- Disagreement between teams about the source of data used for planning and questions about the integrity of the information used.
- Lots of time and effort spent in planning meetings with little results returned.
You can watch the video here:
When teams take a cross-functional approach to planning, it creates new opportunities for the business. Leveraging data effectively from sales, marketing, manufacturing, logistics, research and development, etc, to support integrated scenario planning will lead to better business outcomes.
At Professional Advantage we are committed to helping organisations achieve better outcomes. We have put together a whitepaper titled ‘Is Planning a Burden for your Organisation?’ where we share our views on:
- Why disintegrated planning happens?
- What is the business impact of disintegration?
- Strategies to address siloed planning and unlock opportunities.
We invite you to download the full whitepaper here.
For more information on Professional Advantage and Integrated Business Planning, click here.