integrated (adjective, in-te-grat-ed, \ ˈɪntɪɡreɪtɪd \) planning (noun, plan-ning, \ ˈplænɪŋ \)
Definition: is a collective planning activity that guarantees the involvement of all shareholders and any affected departments. The objective of integrated planning is to examine and analyze all financial, social, and environmental expenses and benefits to figure out the best solution to a specific situation and develop an appropriate course of action. Integrated planning is oftentimes performed by a company prior to changing its strategic business goals as it allows it to understand the current state of affairs better.
In a Sentence:
- We’ve performed an integrated planning routine to decide how to react to the latest changes in our external environment. The new law regulating the trade of alcoholic beverages will surely result in the development of a new marketing strategy.
- The members of both the QA and manufacturing departments were involved in the integrated planning performed by Genuine Soft. Due to the unexpected escalation of production costs, they discussed what changes can help maintain the current monthly revenue figures.
Synonyms and related words: integrated planning system, business plan, course of action, strategic planning
