Integrated Reporting <IR>: Focus on Integrated Thinking - A Handbook for the Change Journey

The Handbook focuses on two areas of change, specifically for listed companies, i.e. that of Board Governance (strategy, process and culture) on the one side, and of the organisation infrastructure (strategy, organisation, culture, processes), on the other.

Although publications already describe the importance of Integrated Reporting this was developed in order to make Integrated Thinking concrete and “usable”, through a simplified, clear and brief Handbook.

The Change Journey of Integrated Reporting <IR> consists of 5 stages. Four of these are related to Integrated Thinking. They are strongly linked and dynamically complementary, and they are influenced by and influence the fifth, that of Integrated Report. The four other stages of the Change Journey are: Identifying its Issues and the Stakeholders, Recognising its Leaders, Detecting its KPIs and the Change Dashboard, and Setting up the Change Action Plan. The IR can be either the starting or the arrival point of the Change Journey.

The NIBR Working Group,  with the support of IIRC, researched and networked at a Global level with different initiatives on integrated thinking and governance, like SAICA in South Africa, IFAC (the International Federation of Accountants), the Confederation of Indian Industries, Nedcommunity (the Association of Italian Non executive and independent directors). It also collected “lessons learned” by organisations like Auchan, DeACApital, Dellas,Gruppo Generali, Guna, SAP, Gruppo Unicredit.

The Handbook for the Change Journey was published by an ad hoc multistakeholder Working Group of the Italian Network for Business Reporting (NIBR),  coordinated by Livia Piermattei.

The handbook can be freely downloaded at www.integratedthinking.it

For additional information you can write to: [email protected]

The NIBR Working Group has member organisations including listed and non listed companies, consultancy, asset management companies and associations. Each contributed by donating the working time of the group members and in some cases also supporting editorial and publishing costs.

NIBR-the Italian Network on Business Reporting (www.nibr.it), is the Italian Association representing WICI – World Intellectual Capital/Assets Initiative, Global Network (www.wici-global.com). The Secretary General is Prof. Dr. Stefano Zambon.