Kim Warren on Strategy
Strategy insights and living business models
Integrated Reporting Framework: not good enough
See video on what is possible, from May’13 + Linked-In discussion. The IIRC launched its much heralded IR Framework <IRF> last night with a grand event at London’s Mansion House, introduced by Prince Charles and the Lord Mayor, and attended by the great and good from the corporate reporting world. Unfortunately, no significant movement has happened since the Consultation draft I commented on back in May.
The aim is worthwhile and clear enough “An integrated report is a concise communication about how an organization’s strategy, governance, performance and prospects, in the context of its external environment, lead to the creation of value in the short, medium and long term.” To fulfill this we need:
- to specify and quantify the main elements of a business aside from its finances (initially – customers, staff, products and capacity)
- to offer a formal and rigorous functional model that captures how the business actually works and delivers performance.
Copyright © 2025 Kim Warren on Strategy. All rights reserved