Sales, inventory and operations planning (SIOP) is process used for monitoring and upgrading a company's operating plan. It pulls all departments together to ensure that potential problems can be ...

The College of Engineering and Applied Science (CEAS) conducts an operational planning (OP) process to align collective resources with our strategic plans. Each unit (department, program, ...

Operational success is the backbone of any thriving organization, and I believe the key to achieving it lies in effective annual planning. It's crucial to reflect on the past and strategize for the ...

Simons, Robert L., Antonio Davila, and Afroze A Mohammed. "Becton Dickinson--Designing the New Strategic, Operational, and Financial Planning Process." Harvard Business School Case 197-014, July 1996.

The business environment is constantly evolving, and companies must adapt to remain competitive while balancing customer expectations with shareholder goals. One way companies can do this is by ...

This is a revised column from one that Dr. Chaman Jain, the editor of the Journal of Business Forecasting (JBF), recently asked me to write. It discussed the relationship between strategic and ...

The Army provides leaders at all levels training in deliberate planning during their professional military education (PME) courses. However, rarely do these courses train Lieutenants and ...

Daily planning is a must in any business. But if you find yourself regularly avoiding this crucial daily action, you may need to change your planning approach. Otherwise, you may find yourself ...

Developing strategic plans is a necessary part of a business. Many types of business plans exist, and two common types of plans include a tactical plan and an operational plan. Tactical and ...