New Benchmarks for Long Range Planning

STEPS TO IMPROVING A MORE EFFECTIVE PROCESS

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AgendaIn this Slidecast• Presenter and Planview Introduction• The Study: Long Range Planning in Context

Continued at Planview.com/BetterLongRangePlanning• Key Takeaways: People and Process• Key Takeaways: Information and Technology• Conclusions, Questions and Contacts

© 2013 Planview, Inc.

Bill SinnettSenior Director Research FERF

Introducing Our Presenters

Robert KugelSenior VP andResearch DirectorVentana Research

Marcus KleinProduct Line ManagerPlanview

© 2013 Planview, Inc.

You are watching a SlideShare sneak peak of a complete video at Planview.com/BetterLongRangePlanning

www.planview.com/finance

© 2013 Planview, Inc.

You are watching a SlideShare sneak peak of a complete video at Planview.com/BetterLongRangePlanning

www.planview.com/finance

Get the Executive Summary of this research discussed in this presentation for free at: Planview.com/VentanaReport

Long Range Planning in ContextWhy was it important to conduct this study?

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© 2013 Ventana Research© 2013 Ventana Research

Get the Executive Summary of this research for free at:Planview.com/VentanaReport

Key Research Insights

• Most organizations can improve long-range planning.• Executive leadership is necessary for successful

planning.• Few organizations consistently selecting initiatives and

capital projects well; most do not execute projects well.• Integrating strategic planning with individual projects

can produce better long-range plans; better integration of LRP with budgeting and forecasting produces better results.

• Data availability, accuracy and adequacy are issues that diminish the effectiveness of long-range planning.

• Organizations that use numbers-based analysis reported better financial returns from investments.

• Spreadsheets are the most common tool for planning, analysis and data storage; Organizations rate spreadsheets the least effective technology for long-range planning.

• Formal LRP training produces better results.

© 2013 Ventana Research© 2013 Ventana Research

Get the Executive Summary of this research for free at:Planview.com/VentanaReportGet the Executive Summary of this research for free at:Planview.com/VentanaReport

© 2013 Planview, Inc.

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Planview.com/VentanaReport

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