Press Release May 2013

OliverWightShareFive Critical SuccessFactorsin IBP Implementation

Businessimprovementspecialists,OliverWight, havereleaseda whitepaperrevealinghowbusinesses can reapthe benefitsfromIntegratedBusinessPlanningby followingfive critical successfactors. Oliver Wight, who have experience working with hundreds of organisations all over the world, state in the paper that companies that successfully implement Integrated Business Planning gain a substantial Return of Investment; anything from 300 to 3000%. Entitled Critical Success Factors in IBP Implementation the white paper outlines the key principles the senior team can learn in order to establish a successful business management process. 1. Effective Leadership 2. Commitment of resources 3. Education 4. The right design 5. Embedding the process In order to not only implement IBP successfully but also to evolve this further over time, direction and involvement from the top are essential. Mike Reed, Managing Partner of Oliver Wight and author of the paper explains that It is the people within the organisation which will ultimately ensure business excellence and drive continuous improvement. Commitment to change is key. However, Reed says that commitment without understanding is a liability, and the white paper explains how education is fundamental to ensure the results from IBP are sustainable and it becomes a new way of working. While the core principles of IBP remain the same for every company, achieving the right design of the process to fit your organisation is mission critical. It will be unique to you. And finally when it comes to making IBP work, it is important to ensure the process is properly embedded via an evolutionary rather than revolutionary approach, using effective coaching and setting realistic goals. With this approach, IBP can be implemented, which will speed up decision-making and give businesses the potential to deliver world class performance. The white paper can be downloaded here: http://oliverwightasiapacific.com/en-GB/libraryevents/white-papers/m/product/view/44

Notes to editors About Oliver Wight Oliver Wight has a 40 year track record of delivering business improvement to some of the worlds bestknown organisations. With a team of professionals offering a wealth of experience, Oliver Wight is the largest consultancy of its type, with offices throughout Europe, South Africa, North and South America, and the Asia Pacific region. We believe that sustainable business improvement cant be delivered by external consultants but only by our clients own people, so unlike other consultancy firms, we transfer our knowledge to them, helping deliver performance levels and financial results that last. Integrated Business Planning At the leading edge of management thinking and practice, our Integrated Business Planning (IBP) model lies at the heart of our clients journey to outstanding business performance. Oliver Wight are the originators of sales and operations planning (S&OP) and IBP can most simply be described as advanced S&OP. However, unlike S&OP, IBP brings a truly strategic perspective, integrating diverse processes - in the extended supply chain, product and customer portfolios, customer demand and strategic planning - into one seamless management process. Supply Chain Optimisation In an uncertain business climate, volatile demand and unpredictability can expose weaknesses in supply chain performance. Supply Chain Optimisation helps companies improve sub-standard systems and processes, delivering a significant return to the bottom line. Meeting the Class A Standard The Oliver Wight Class A Checklist is the longest standing and most successful business assessment tool. The latest, Sixth Edition, raises the bar, and sets ever more demanding standards for companies on their journey to business excellence and the Oliver Wight Class A standard.

More information Yolanda Muser Oliver Wight AP +61 (0) 3 9596-5830 YMuser@oliverwight-ap.com www.oliverwight-ap.com Clare Sutton RONIN Marketing Limited +44 (0) 20 3326 5039 clare@roninmarketing.co.uk www.roninmarketing.co.uk