How unified planning enables cross-department collaboration 

Most companies have become accustomed to working in silos, with each department wholly dedicated to whatever they are called to focus on – be it marketing, finance, or human resources. This is natural because the concentration of skills and resources leads to better specialization and streamlined workflows. However, it can also be counterproductive for creating cohesion and a shared vision throughout the organization. 

Each department develops its own incentives, performance metrics, tools, and planning cultures that are unique to what that particular division is focused on. This can make it difficult for management’s overall strategy to reach all corners of the organization as each division is naturally running its own race. 

Unified planning provides a powerful means of aligning these departments and encouraging collaboration during the planning and performance measurement processes – all of which can lead to a more consistent vision and culture across the organization. 

The power of unified planning 

FP&A software like the solutions we create here at Apliqo, can assist in eliminating departmental silos by bringing all data and planning into one system. When the planning function is standardized and made easily accessible to all, it allows for strategic decisions to be made from an informed and balanced point of view, taking into account the complexity and nuance of every department within the company. 

This single source of truth is a powerful antidote to misaligned incentives and it means that everyone is pulling in the same direction regardless of where they happen to sit in the company. The strategic benefits here are significant because a coherent and holistic vision can permeate through every team and drive better results consistently. 

In addition to the strategic benefits of having a unified planning platform, there are also a number of intangible benefits that arise from better collaboration: 

  • Inclusive culture. Cross-departmental collaboration fosters an inclusive environment where each division feels that they are working together for a common goal, and therefore, that their work is neither less nor more important than other departments. A sense of inclusion and equality is achieved. 
  • Employee engagement. Employee disengagement is at an all-time high at 85%, especially following the COVID-19 pandemic. Connection is an important tool for engagement within an organization and this will increase as departments work with one another, using holistic planning. Research shows that employees that collaborate are more likely to stick with any given task for 64% longer than those that work alone. 
  • Saving time. By having one platform that houses all the data and planning for each department, time is saved by reducing duplicated research which can be a time-consuming process. Decisions based on real data can be made holistically, with all departments having contributed their unique insights. 

These are just a few of the benefits that collaborative and holistic planning across departments can provide, and it also gives an important boost to morale and productivity across the board. If this is something that resonates with you, get in touch and let us show you how to embark on your own unified planning journey. 

Related Posts

Apliqo UX — May release

Apliqo UX 2023 May release is here and it brings a multitude of exciting new features and improvements that take the application to new heights.

Read More »

More resources

Apliqo UX - 2023 October Release

Apliqo UX is constantly improving and this last release is no exception. Experience all the latest improvements in the interactive demo we prepared.

Read this article

Apliqo UX — May release

Apliqo UX 2023 May release is here and it brings a multitude of exciting new features and improvements that take the application to new heights. From enhanced visualization capabilities to streamlined workflows, this release is packed with advancements across almost every aspect of the product. Let's dive into the key highlights of this release.

Read this article

Gran Turismo 7 + IBM Planning Analytics / TM1 + Apliqo UX — How telemetry is relevant to running a business.

A few words on our recent data experiment with Gran Turismo 7 and how it demonstrates just how powerful Planning Analytics becomes with Apliqo UX.

Read this article
How telemetry is relevant to running a business

Why you should do a forecast post-mortem

Accurate forecasting is a severely underrated skill in modern business and one that you should be looking to improve if you want to maximize the value of your planning and analytics. But the only way to do this is to have a feedback loop where you can look back on the forecast methodologies that you used in the past and assess how they fared when coming up against the uncertainties of the real world. It's for this reason, that a forecast post-mortem can be such an eye-opening component of your FP&A journey.

Read this article

How Apliqo UX streamlines cross-department collaboration

Better collaboration starts with effective communication, not just verbally, but through the way that you visualise and communicate your data. Learn how Apliqo UX can help you improve your data storytelling.

Read this article