An integrated report is a concise communication about how an organisation’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.
The International < IR > Framework is intended to enable a business to bring these elements together through the concept of ‘connectivity of information’, to best tell an organisation’s value creation story.
However the Framework lacks a digital platform; it is merely a set of principles, which means that it can’t deliver integrated reporting. There is so much data and so many relationships – between outcomes, risks, performance measures, activities, facilities, finance, customers, producers, society at large and the environment – that information technology is needed to manage and report them.
The Perendie platform ® provides an organisation with a comprehensive view of every outcome it needs to prosper in future and the relationships between them, how they should be measured, what risks will prevent their delivery, and what activities and resources are required to deliver them. It automatically shows what everyone’s doing and what’s likely to happen, enabling and motivating people to collaborate, reducing risk through early warning of problems, removing the effort of manual data collection and collation, and providing more current, predictive and integrated reporting than is proposed by < IR >.