What is Integrated Business Planning? But what is it?
GOGOthe leading global provider of broadband connectivity products and services for aviation, today announced that it has completed a comprehensive analysis of its business and is implementing an Integrated Business Plan "IBP" designed to improve integrates business plans Company's operational and financial performance.
The IBP, branded as "Gogo ", transforms Gogo's business model and is intended to significantly reduce its cost structure, improve quality, drive revenue, streamline business processes and prudently strengthen its balance sheet.
Gogo represents a new era for Gogo with a significantly reduced cost structure, much lower capital expenditures, and a streamlined and standardized approach to meeting the needs of our customers with improved quality and service. As we prioritize resources to strengthen the resiliency of our model, we remain focused on accomplishing our objectives without sacrificing our long-term growth opportunities and will continue to evaluate strategic options to drive revenue, monetize assets and realize the significant value of integrates business plans business.
The Company provides guidance as follows: Strategic and Financial Alternatives Processes During Gogo's first quarter of earnings call, the Company discussed increased strategic activity in our industry.
The Board has asked management to assess whether shareholder value would be increased by the Company engaging in any of the suggested relationships or transactions or others suggested by third parties or conceived by management and its advisors.
The Board has not made any decision to pursue any such transaction or relationship at this time. Please note that Gogo has no obligation to provide further disclosure in respect of any of these matters, and will decide in its discretion if and when to provide any further comment.
Cautionary Note Regarding Forward-Looking Statements Certain disclosures in this press release and related comments by our management include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of These forward-looking statements include, without limitation, statements regarding our integrated business plan, such as our business outlook, strategy, plans, goals and expectations concerning our technologies, operations, profitability, future efficiencies, capital expenditures, liquidity and capital resources and other financial and operating information.
When used in this discussion, the words "anticipate," "assume," "believe," "budget," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "future" and the negative of these or similar terms and phrases are intended to identify forward-looking statements in this press release.
Story Continues Forward-looking statements reflect our current expectations regarding future events, results or outcomes.
These expectations may or may not be realized. Although we believe the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. Some of these expectations may be based upon assumptions, data or judgments that prove to be incorrect.
Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, the following: Bribery Act ; restrictions on the ability of U.
Office of Foreign Assets Control; difficulties in collecting accounts receivable; our ability to successfully implement our new enterprise resource planning system and other improvements to systems and procedures needed to support our growth; and other events beyond our control that may result in unexpected adverse operating results.
Any one of these factors or a combination of these factors could materially affect our financial condition or future results of operations and could influence whether any forward-looking statements contained in this report ultimately prove to be accurate.
Our forward-looking statements are not guarantees of future performance, and you should not place undue reliance on them. All forward-looking statements speak only as of the date made and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.Integrated Business Planning is the name many companies are using to describe a strategic management process integrating all the functional elements of the business .
Eastman Chemical Company Integrates Business Planning with SAP HANA. Learn how Eastman leveraged the SAP HANA platform to align finance processes and drive better decisions. This business plan will help you save time, save energy and most especially, cost of paying an expert to develop the business plan for you.
What you need to do after accessing the business plan is to change some information like the business name, location of the business, founder of the business, management team and other information to suit.
This is Part Two of my two-part blog post to evaluate the Pharmaceutical Industry. In this post, we will review Integrated Business Planning and related Decision Analytics as a strategic response to managing complexity and delivering best-in-class business performance in the Pharmaceutical industry.
IBP2 is a team of integrated business planning experts with real world experience who recognize that a complete and comprehensive approach is the right path to lasting change. How can the answer be improved?Tell us how.