IBP is a challenging but rewarding journey that requires careful navigation and a focus on key factors, from prioritization to partnerships, to help organizations steer clear of pitfalls and reach their desired destination.
IBP can drive better performance and financial improvement, and help spot potential dangers and opportunities, but many companies are floundering.
IBP is a powerful process for navigating today’s complex business landscape, but many organizations fail to realize its potential because of this handful of misconceptions.
Excessive and misaligned status meetings disempower teams and cause organizational drag. Resetting meeting governance and cascading authorities smooths flows and boosts efficiency and productivity.
Two years after Russia’s mass invasion of Ukraine compounded pandemic-induced supply chain chaos, volatility persists. Resilience is built by implementing robust contingency planning, data-backed agility, and closer supplier partnerships.
Tumultuous times make IBP invaluable for charting routes to strategic destinations. Leaders must harness volatility as an opportunity, not an excuse, and progress intentionally despite uncertainty.
Leaders must drive constant evolution, steering organizations to adapt fluidly using data-backed decisions. Nostalgia for past glory won’t yield future success – timely transformation guided by courageous leadership does.
Many AI projects fail due to hype, lack of diligence, and unrealistic expectations – leaders can improve outcomes by thoroughly assessing readiness, data reliability, unintended risks, and value measures before significant investments.
In 2024, leaders must take back the wheel and actively govern AI by owning strategy, setting expectations, and guiding adoption incrementally.
By treating initial business cases as living documents and continually revisiting core assumptions, organizations can dynamically realign innovation investments as market realities shift.
Dawn Howarth shares her advice on a commonly asked question: How do I deal with an interfering boss?
Our Events and Campaign Marketing Executive Hollie Cooper recaps Oliver Wight's thought leadership shared at events in 2023.
