“Is IBP such a big deal that if our organization is late to the party, then will we never catch up to our competitors that have deployed it?”
Let me begin answering that question by outlining what are, in my opinion, the critical capabilities involved: forecasting, modeling methods, business analytics, and multi-platform reporting. Their purpose is to increase profitability, strategy execution, and decisions. However, a case may be made that there is a sufficient competitive edge from simply using traditional, commonly accepted managerial improvement methods without these four methods. But can those methods provide a sustaining competitive edge?
