The integrated thinking concept is linked to integrated reporting and is defined as an organization’s active consideration of the relationships between its various operating and functional units and the capitals (financial, manufactured, intellectual, human, social and natural) the organization uses and affects (IIRC, 2013).
Besides, the notion of integrated thinking is akin to a system thinking perspective in accounting, which suggests that it is necessary to look within the business for evidence of interactively developed strategies and control.
So, what is the nature of integrated thinking in a real life or a real organization system ?
There are many articles or papers on Integrated thinking on the IIRC website as well as other websites, but it all boils down to how an organisation's management uses the concept of integrated thinking - which is not really new - as one would expect management has a broad view of what impacts on a business/risks/opportunities or what is deemed material on the organisation's viability/sustainability going forward - and how this then impacts on all spheres of the organisation - yes, systems thinking, agile thinking all just semantics in that context in my view - but ultimate how does a company use the various capitals (6) to either destroy and create value - given the interrelationship of these capitals within and outside the organisation - using the capitals as the framework is but one approach - HOWEVER, what typically happens in these reports is that the financial capital element is the primary focus with little or no focus on exactly how the other capitals influence the EACH OTHER.
The ideas of integrated thinking are predicated on bringing together our understanding about many domains, thus the provision of knowledge and information is an important part of any enabling environment for decision making.
Dear Thinh Gia Hoang
The following articles may be useful.
Regards.
http://www.accountingforsustainability.org/integrated-thinking/10-main-elements-to-embed-sustainability
https://www.ifac.org/global-knowledge-gateway/business-reporting/discussion/integrated-reporting-integrated-thinking
http://www.integratedreportingsa.org/Portals/0/Documents/SAICAIntegratedThinkingLandscape.pdf
https://www2.deloitte.com/content/dam/Deloitte/nl/Documents/risk/deloitte-nl-risk-integrated-reporting-a-driver-for-integrated-thinking.pdf
http://www.cgma.org/resources/reports/downloadabledocuments/integrated-thinking-the-next-step-in-integrated-reporting.pdf
I hope the publication I coordinated may help even if with such a delay. https://integratedreporting.org/resource/nibr-focus-on-integrated-thinking/
Regards, livia piermattei
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