Business Planning
Recent Activity
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Brenda Morris (CFO, Love Culture Inc.)
Old fashion budgeting is going the way of the dinosaur. Real time 24/7 forecasts are becoming the norm and are requirements in many organizations. They offer better performance expectations management, better controls and constant insight into an organizations...
Ric Ratkowski (Enterprise Architect, SAP)
I recently read a blog by Sandy Richardson, titled “Is the Balanced Scorecard Out of Date?” and found it very interesting, I felt that it was dead on point so I wanted to share it (click here to go to that blog). As part of Sandy’s analysis she...
Ric Ratkowski (Enterprise Architect, SAP)
This week’s post is on Strategic Planning. This is the last component of the four key components of integrated business planning. Like project planning from the previous post, strategic planning focuses on the “grow” and “transform...
Ric Ratkowski (Enterprise Architect, SAP)
Last week, we discussed financial planning and how it fits into the overall framework of integrated business planning. This week’s post focuses on project planning. Let’s first take a look at the three functions of managing a business: Running the...
Ric Ratkowski (Enterprise Architect, SAP)
Last week we discussed the operational planning process within an organization, and this week’s post picks up where it left off. We’ll focus on monetizing the operational plan as well as adding other financial items to create a baseline financial plan....
Ric Ratkowski (Enterprise Architect, SAP)
Prior posts have identified key characteristics of Integrated Business Planning which include a review of high level goals, definition, structure, implementation approach, and best practices. However, the posts have danced around what is the heart and soul of...
Alexander Haislip (Author, Independent)
Image via Wikipedia What a pain planning is and so divorced from the unknowable reality residing right around the corner. Robert Burns may have expressed it best at the end of the 18th century, when he wrote: But Mousie, thou art no thy lane, In proving...
