A business creates value through a combination of strategy, governance, performance and prospects in an external environment. A framework that enables a businesses to bring these elements together – and to communicate the value creation story through the ‘connectivity of information’ - is called Integrated Thinking & Reporting, in short <IR>. At the heart of <IR> is an integrated model, which demonstrates how six capitals – financial, manufactured, human, social and relationship, intellectual and natural – represent all the resources organizations utilize to create value (over time).
The crucial difference between combined and integrated reporting
Posted by
Marlon van Dijk on 25 September 2015
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Topics: Value, Accountability, IR, Integrated Reporting, Value Creation Story