+ All Categories
Home > Business > Integrated Thinking: The reality. Stephen Smith.

Integrated Thinking: The reality. Stephen Smith.

Date post: 15-Apr-2017
Category:
Upload: iqbusinessconsulting
View: 63 times
Download: 0 times
Share this document with a friend
12
Click to edit Master title style Click to edit Master text styles Second level Third level Fourth level » Fifth level 22 November 2016 Integrated Thinking: The reality
Transcript
Page 1: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

22 November 2016

Integrated Thinking: The reality

Page 2: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

South Africa over the past few months

Page 3: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

The Customer at the center…

Page 4: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

Organisations are complex and require “Integrated Thinking”

•Market perception

•License to operate

Financial Capital

•Supply chain optimisation

•Supplier development

•Skills development

Manufactured Capital

•Knowledge management

•Talent management retention

Intellectual Capital

•Congruent with context

•Responsible employer

•Market perception

•Marketing and communications

Social Capital

•Environmentally conscious

•Scarcity of resources

Natural Capital

•Employee engagement

•Talent acquisition

•Change management

•Skills development

•Leadership development

Human Capital

Integrated Thinking

Page 5: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

#FeesMustFall

Page 6: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

The result is an understanding of the theory of change for each stakeholder group and an index that compares monetised outcomes to the investment required to generate it.

SROI is a method for understanding, measuring and reporting on the value that is created by an organisation, an initiative, activity or service.

It attributes a value to each outcome using stakeholder engagement, research and common accounting and investment appraisal methods.

Social Return on Investment (SROI)

Page 7: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

1. Establish scope & identify

stakeholders

2. Map outcomes

3. Evidence outcomes

4. Establish impact

5. Calculate the SROI

6. Report, use and embed

SROI Process

Page 8: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

The Impact Calculation

xImpact = Financial Proxy

Displacement%

x x x

What would have happened anyway?

What can be attributed to

others?

Does the outcome reduce in

future years?

What activity did

we displace?

A financial estimate assigned to a social

value

Deadweight%

Attribution%

Drop-off%

Page 9: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

The SROI Ratio

The 702 Sun International CEO SleepOutTM 2015 most definitely achieved its’ objective

Page 10: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

The results of an SROI analysis is more than just a report

NumbersFacts

Evidence

StoriesPeopleFaces

ParametersOptimisation

Impact

Report, Use and Embed

Page 11: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

SROI in the mining industry

Page 12: Integrated Thinking: The reality. Stephen Smith.

Click to edit Master title style

• Click to edit Master text styles– Second level

• Third level– Fourth level

» Fifth level

Sustainability@IQ

For further information on this material, please contact:

Stephen Smith Phone : + 27 11 259

4000Mobile : +27 83 442

[email protected]


Recommended