The ‘Integrated Thinking: A Virtuous Loop’ report details how leading businesses have mapped out and implemented their integrated thinking journeys
The Value Reporting Foundation today launches its latest report ‘Integrated Thinking: A Virtuous Loop’. Spearheaded by over 40 participants of the Integrated Thinking & Strategy Group, a subset of the Value Reporting Foundation’s <IR> Business Network, the report builds upon the ‘Integrated Thinking & Strategy: State of Play’ 2020 report that introduced a new model for integrated thinking.
Launched via a webinar at 15:00 UTC today, the report explores integrated thinking as a constantly evolving loop. It examines case studies from some of the world’s most innovative organizations, including Solvay and Novo Nordisk, and how they base their decisions on interconnected information across multiple capitals.
From the analysis, the report offers tools to guide businesses at the start of their integrated thinking journey, and provides clarity and guidance for current practitioners on where to focus attention for improved performance. By further examining the close relationship between integrated thinking and integrated reporting, the report underlines that these powerful tools and processes combine into a continuous journey; a virtuous loop for organizations to improve performance.
Tjeerd Krumpelman, Chair of the Integrated Thinking & Strategy Group and Global Head of Advisory, Reporting & Engagement, ABN AMRO, said: “This report is the culmination of great collaboration with leading organizations and Black Sun Communications, who we would like to thank for bringing this report to life. We are grateful to the 11 organizations who participated in the project. They are charting the course forward for others to learn from and as such are already seeing the benefits of integrated thinking as a tool that improves decision making, organizational culture and overall performance.”
Marianne de Bie, former Senior Advisor, Corporate Affairs, Schiphol Group said: “Connecting worlds is all about integrated thinking; in aspiring to do so we intend to connect stakeholders, to connect trade, to connect a broader variety of actors which are part of our value creation process.”
“The Integrated Thinking & Strategy Group’s latest report not only showcases some of the leading practitioners of integrated thinking, but acts as a guide to all organizations seeking to start this journey,” said Janine Guillot, CEO, Value Reporting Foundation. “We live in an interconnected world, where businesses are looking to evolve and embed practices that help them understand and communicate how they create, preserve and erode value over time. With this comes fresh opportunities to enhance organizational decision making. Integrated thinking is a 21st century answer to today’s landscape, promoting collaboration across all areas of an organization. This report underlines the power of the resources provided by the Value Reporting Foundation in helping to improve holistic performance leading to better economic, environmental and social outcomes.”