Operational Planning, Budgeting, and Rates:
why three planning processes must be integrated, and how to do it

Abstract

Operational planning defines what your managers will deliver in the year ahead, how they'll produce it, and what resources they'll need to do so. Without an operating plan, there is no basis for a budget. And without a budget, there is no basis for rates.

This one-day workshop explains why operational planning, budgeting, and rate setting must be integrated into a single process. It then explains the steps involved in operational planning, and exactly what's involved in implementing it.

Outline

* Purpose of operational planning

* Integration of business forecast, budget, and rates

* Steps in the process, with live demonstration of tools used at each step

1. Lines of business

2. Product/service catalog

3. Business forecast

4. Investment planning

5. Team coordination

6. Cost structure

7. Budget

8. Rates

* Implementation issues: involvement, time required, costs

* Facilitated discussion: next steps

Contact us to discuss your specific interests and requirements.