IBIS Services for Effective business planning and monitoring
Advantage Ibis
Creating intrapreneurial cultures
As companies grow they tend to emphasise financial controls and more and more rigid specialisation, reducing risk taking and business development at an operational or divisional level. But markets are rapidly changing; competition becomes global, and customers are more and more demanding. This means that enterprises must respond more quickly, they must be more knowledgeable than their competitors across all business areas – with the imperative that top down planning is replaced with an emphasis towards operational planning and emergent rather than directed strategies.
Ibis has worked in business planning for over 20 years, creating an approach which focuses on the creation of core competencies in team building for planning, operational monitoring, and the identification of opportunities.
The methodology consists of three phases; training, implementing and supporting. Every company will require a different emphasis, with Ibis and company staff defining the exact mix to deliver the required outcome.
Training
Best practice in business planning.
The value of a balanced scorecard approach – what drives the business over the short, medium and long term?
The planning horizon – how long should we plan for?
Base business definition – what continuing business can we rely on?
The strategic gap – where do we want to be at the end of the planning horizon?
Strategic alternatives – consolidation, market penetration, market development, product development.
Assumptions, investment appraisal, risk analysis, cascade investment, project management.
Completing the plan – cash flow, budgets, proforma profit and loss and balance sheets.
Ibis deliver at the depth and length of training required.
Implementing
Team building for monitoring.
Converting the management information system to create monitoring modules in all key business areas: finance, production, logistics, personnel, marketing, new product development, contingency planning, information systems.
Identifying key performance indicators for each module and other important business drivers.
Identifying appropriate benchmarks for each KPI
and where relevant other drivers.
Creating monthly monitoring frameworks and assisting in their delivery.
Ibis deliver at the depth and length of assistance required.
Supporting
Standard operating procedures SOP delivered via the company Intranet assist the enterprise in the long term in continued development. Ibis have over 60 such procedures written and tested for specific operational requirements.
Podcasts recently developed, assist in commenting on specific topics, again delivered by Intranet where relevant.
Ibis deliver at the depth and length of support required.
What is the outcome?
Responsibility for most of planning and business development passed to operating units – creating an intrapreneurial climate.
Multi-skilled teams developed with broad business understanding and higher overall skills as monitoring systems demand interdisciplinary approaches.
Job rotation is encouraged in certain functions, further increasing internal linkages.
Enterprises move towards project based work across most disciplines.
Profits rise, labour turnover declines, rates of new product development dramatically increase.
