February 2021
Intermediate to advanced
240 pages
6h 41m
English
Content preview from Integrated Tactical Planning
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CHAPTER 2Empowering the Organization: Core Disciplines That Set Companies Apart
The Integrated Business Planning process sits at the heart of the Integrated Business Model (see Figure 2.1) and is the glue that holds everything together. It is a monthly aggregate business‐planning process that is designed to keep senior managers focused on a horizon of 4 to 36 months and its alignment with the strategic plan horizon.
The Integrated Business Model
The nine elements of a business, as described in the Oliver Wight Class A Standard for Business Excellence (7th ed.), are listed below. We need to make sure all are well defined and working effectively. The Integrated Business Planning process is designed to realign core plans with the strategic aspirations of the business and is an aggregate business planning process, often known as above the line, Integrated Tactical Planning is designed to operate at a more granular level of detail, with the objective to realign plans weekly in the tactical horizon back to the latest signed‐off monthly plan. This is what we call below the line in Figure 2.1, referring to the 10 underpinnings and more detailed‐level processes that are constantly running in the background:
- Managing the Strategic Planning Process.
- Managing and Leading People.
- Driving Business Improvement.
- Integrated Business Planning.
- Managing Products and Services.
- Managing Demand.
FIGURE 2.1 The Integrated Business Model
Source: Oliver Wight. Copyright Oliver Wight International, ...
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