That Supports The Compan

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Decide Which Of The Capitals Are Important For Your Company And Then Report On Them. As An Example, If Your Firm Is A Software Company Then Manufacturing And Natural Capital Will Probably Not Be Important; However, Intellectual And Human Capital Will Be. On The Other, A Mining Company That Is Heavily Invested In Land, Buildings, And Equipment (Manufacturing Capital) Will Be Very Concerned With Pollution And Waste (Natural Capital); However, The Processing Activity May Be So Basic That Intellectual Capital May Not Be As Important. The Value Creation Process Above, We Talked About The Importance Of Value Creation. We Now Want To Talk About The.

Process Itself, Instead Of Just Telling You It’s Important. Figure 1 Below Is The Iirc’s Value Creation Process. Figure 1: The Iirc Value Creation Process The Iirc Value Creation Model Above Draws On Various Capital Inputs And Shows How Its Activities Latest Mailing Database Transform Them Into Outputs. The Figure Above Shows Us On The Left Side Of The Figure Are The Six Capitals Which Are The Inputs To The Value Creation Process. At The Top Of The Figure Are The Company’s Mission And Vision Which.



Identifies The Organization’s Purpose And Intentions. Governance Involves Creating An Oversight Structurey’s Ability To Create Value. The Business Model Is At The Core Of The Company. The Business Model Is The System Of Using Its Business Activities To Transform Inputs Into Outputs And Outcomes To Fulfill The Company’s Strategic Purposes And Create Value Over The Short, Medium, And Long-term. The Outcomes Are The Transformed Capitals That Are Depicted In The Figure Emerging From The Right Side Of The Process. Information About Performance Is Required For Decision-making.