Tag: decision practices

decision intelligence, Leadership, S&OP

Key Elements of Decision Centricity in Effective IBP Processes

IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. But how decision centric is your S&OP/IBP process, your meetings, your organization? Any idea? To create some baseline insights, I developed an 11-question checklist to assess IBP decision centricity. Based on this checklist I … Continue reading Key Elements of Decision Centricity in Effective IBP Processes

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decision intelligence, S&OP

IBP decision centricity study: a lack of managing bias, speed, digitization, incentives & learning

IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. Improving IBP decision centricity results in improvements like: 👉 Increased decision speed 👉 Improved decision quality 👉 Reduced decision bias 👉 Less analytics waste 👉 Effective decision learning 👉 Improved engagement with decision process … Continue reading IBP decision centricity study: a lack of managing bias, speed, digitization, incentives & learning

Unknown's avatarNiels1 Comment
decision intelligence, S&OP

Embracing Decision Intelligence to Enhance Integrated Business Planning

Many Integrated Business Planning (IBP) cycles around the world are based on a 30-year-old process definition supported by similarly aged planning concepts. This traditional IBP is often not sufficient anymore for a fast-changing world, where speed of decision making and taking the right action means competitive advantage. Well run, traditional IBP can have many positive outcomes, but there are also many limitations like sequential process … Continue reading Embracing Decision Intelligence to Enhance Integrated Business Planning

Unknown's avatarNiels1 Comment
decision intelligence, Digital supply chain, S&OP

A Case for a More Decision Centric IBP

Although Integrated Business Planning (IBP) is designed to make high-impact business decisions, little attention has been given to the quality of decisions in an IBP cycle. In my latest Foresight article, I argue that to continuously learn from and improve IBP decisions, decision processes ought to be integrated with the traditional IBP process and supported by Decision Intelligence technology that goes beyond existing transactional and … Continue reading A Case for a More Decision Centric IBP

Unknown's avatarNiels1 Comment
decision intelligence

Don’t master AI. Be a Master of Your Business Process!

Seeing through the AI razzle dazzle Everything seems to be AI these days, which can become overwhelming when you have to think about how it can be used in your industry or business process. All whilst the market is screaming from all directions with their AI message. The AI razzle dazzle will continue. It will probably accelerate. Expect a ChatGPT every one or two years. … Continue reading Don’t master AI. Be a Master of Your Business Process!

Unknown's avatarNiels2 Comments
decision intelligence, Digital supply chain, S&OP

A New Approach to IBP Decisions during Crises

PREVIEW Niels van Hove writes that the limitations of the traditional Integrated Business Planning process are severely magnified during periods of significant disruption, which to many of us seems like the new normal. He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID. Instead, Niels offers a new tack centered on an IBP decision … Continue reading A New Approach to IBP Decisions during Crises

Unknown's avatarNiels3 Comments
decision intelligence, Digital supply chain

A Better Plan is not Necessarily a Better Decision

Some new language has been creeping in the planning vocabulary in the last year or two: planning & decision making. What used to be planning, or a planning system, is now sometimes referred to as planning & decision making. This is most likely influenced by the acknowledgement of a new category decision intelligence by Gartner, for which they provided a definition since 2022. I now … Continue reading A Better Plan is not Necessarily a Better Decision

Unknown's avatarNiels3 Comments