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So What?

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Typically, budgeting, planning, and forecasting are thought of as solely Finance or Information Technology initiatives and can easily be put in the “operational efficiency through automation” bucket of benefits. Which is just a fancy way of saying a corporate cost-cutting program. However, in order for Connected Planning to really matter in the business, it has to have a direct impact on more than just operating margins. Ideally, it should provide your department, business unit, and company with one or more competitive advantages in the areas of:

 Customer acquisition and retention

 Product innovation and profitability

 People productivity

 Supply-chain efficiency

 Marketing effectiveness

 Overall sustainable execution of strategy

It is no longer an IT-led area but rather a joint IT, Finance, and Business concern that impacts all of these performance areas.

Connected Planning

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