Integrated strategic business planning process (ISBPP) business method
OwnerWilliam Herren, Rudy Wilsoninventors
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Abstract
Various embodiments of the invention include a financial and operations business planning process to provide a balanced and integrated operating plan for an automotive supplier firm. One embodiment includes a “Free Flow” Marketing Plan, several functional plans, and a financial plan. The executive management team sanctions and institutionalize the process within its individual business line. Individual functional manager provide the required plan detail to balance and integrate with other functional plans.
Claims1
An operations and financial business planning process system for a manufacturing business entity in the automotive industry, the system comprising:
- A detailed business planning process;
- A global “Free Flow” marketing plan permitting a business's executive management team to assess and analyze its markets continually including an global situation, competitive assessment and business opportunity analysis;
- Detailed business functional plan analysis permitting a business to systematically plan and integrate its various business functions;
- Wherein the process is configured for personal interaction between the each functional manager and the manager of marketing to allow for a complete understanding of the “Free Flow” marketing plan and its various facets.
- Wherein each functional manager provides his/her its own operating budget
- Wherein each functional manager interacts to eliminate expenses cause by overlapping actions, resource commitments not covered in the “Free Flow” marketing plan
- Wherein functional group assess the actions necessary to carry out the “Free Flow marketing plan
- Wherein the plan is integrated and a preliminary financial plan is analyzed to determine whether pre-determined financial metrics can be attained
- Wherein the executive management team assess whether key resource are available to carry out the plan;
- Wherein several or more iterative lops are conducted before executive management assigns resources to carry out the overall plan.
Dependencies are inferred from the claim text.