Detalles
| In a world where strategy execution remains a challenge for 70-80% of companies and 95% of employees struggle to understand the impact of their role on success, a transformative solution emerges. WBCSD, AICPA, and CIMA have explored the concept of Integrated Performance Management (IPM) and are now launching a new GID framework. GID is a holistic approach to corporate performance management based on the integration of multiple capitals (e.g., natural, social, intellectual) and the creation of long-term value in decision-making to drive strategic success. This report and business summary serve as a guide for implementing this GID framework, aligning performance with an organization's purpose, values, and strategy. The GID framework not only focuses organizations on strategic success, but also aligns them with the growing demands for sustainability disclosure, moving from voluntary to mandatory disclosure. It allows companies to transparently showcase their governance and strategies for managing climate and nature-related risks. The framework is designed for senior executives in strategy, finance and sustainability, and aims to inspire a new perspective on performance evaluation and management. Its applicability extends across industries, regions, and sizes of organizations, and the complexity of implementation varies depending on individual circumstances. |
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