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Technology as an enabler for Integrated reporting > TFOCR 2019


Tap and Lake


System architecture Mapping an information architecture to implement <IR> 1. 2. 3. â&#x17E;˘

Inputs: multi-capital inputs and a variety of data stores Process: business and value modelling, analytics and reporting Key output: KPIs and integrated reports desired by management and other stakeholders Result: Understand the organizationâ&#x20AC;&#x2122;s value creation story and take decisions that support ongoing value creation.


Output drives the data model PROCESSES

REPORT DESIGN

Rationalize Identify • Catalogue current KPIs reported per business area • Categorize KPIs to understand audience and purpose

Challenge • Challenge final KPI list to ensure balance (long vs. short term, lagging vs. leading, internal vs. external)

• Rationalize KPIs using decision tree based on best practices (strategic, focused, actionable, practical)


Question to ask yourself ✓ Do our information systems cover all the information (across multiple capitals and time horizons) we need to run our business? ✓ What is the maturity of the new information we are seeking to track?

✓ Is our data stuck in silos obscuring the connectivity that exists across the information landscape? ✓ How can we harness the power of big data and improved disclosure to analyze our performance before our investors and stakeholders do?

Common challenges:

Scattered landscape – Proper definitons – Data granularity – Period mismatch


Drivers for change We have observed that the most important drivers for change are: ✓ Getting better internal insight on the drivers of value creation ✓ Achieving full accountability for all the material capitals over the short, medium and long term ✓ Complying with legislative and regulatory requirements ✓ Responding to the need for transparancy and connectivity across the value chain ✓ Bringing clarity to the company’s strategy for value creation and perspective on the impact of external change to this strategy, which drives better business results and ultimately helps to attract and retain investors.


Take aways The foundation of an integrated approach is built on: ✓ A culture of analysis ✓ A realistic assessment of current data management maturity

✓ Output that is: Visible, decision useful, gives insight ✓ Integrated thinking and reporting best practises ✓ An integrated information architecture

Other important take-aways: ✓ Get started and work towards your desired endstate ✓ Leverage your current landscape


Contact For further information on this presentation, or to provide feedback, please contact:

Jyoti Banerjee @jyotib Jyoti.Banerjee@theiirc.org

Roy Piek Roy.Piek@intire.nl +31 6 22 59 99 56

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Integrated Thinking & Strategy  

Integrated Thinking & Strategy  

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