Copyright 2014 All rights reserved Permission is granted to make copies of these slides provided that all logos disclaimers copyright notices and acknowledgements on the slides are retained and each copy bears the following credit line Copyright 2014 All rights reserved Used with perm ID: 482670
Download Presentation The PPT/PDF document "This document has been prepared for gene..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1Slide2
This document has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this document without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this document, and, to the extent permitted by law, PwC, IIRC or their licensors do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this document or for any decision based on it.
Copyright 2014. All rights reserved.
Permission is granted to make copies of these slides, provided that all logos, disclaimers, copyright notices and acknowledgements on the slides are retained, and each copy bears the following credit line: "Copyright 2014. All rights reserved. Used with permission of the IIRC and
PwC
.“
In
this document, PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. IIRC refers to the International Integrated Reporting Council.
Acknowledgements of third party source materials are contained on the relevant slides.Slide3
<IR> as a response to megatrends
Andrew
Jurczynski
Global Leader - Megatrends, PwCSlide4
Overview
What are megatrends?
Integrating megatrends into business decisions
Why investors want your views on megatrends?Panel and Q&A – send your questions using the activity feed in the appStarting your roadmap to <IR>Slide5
Megatrends – 5 global trends which:
have
a major influence on
economic
and commercial landscape
over next decade
p
ermeate across
all sectors of economy and societyfundamentally disrupt industries and way we all do business Slide6
Shift in global economic power
Megatrends poll
Currently
, four of the world's 12 biggest economies are in emerging markets. In 2030, we think this figure will be how many?
Vote in the app now!Slide7
Shift in global economic powerSlide8Slide9
Rapid urbanisation
Megatrends poll
How many people are added to the global urban population every week?
Vote in the app now!Slide10
Rapid urbanisationSlide11Slide12
Climate change and resource scarcity
Megatrends poll
Global food demand is expected to increase by how much by 2030?
Vote in the app now!Slide13
Climate change and resource scarcitySlide14
The impact of megatrends – 9 strategic issues
3. Customer expectations and the power to punish
6. The revolution in
distribution
4. Digital competitors and the age of innovation
5. New definitions of service and metrics
9. Impact on value creation and capital stocks
7
.
The
organization
of the
future
Regulation
Scope
Enforcement
Compliance
8. Risk
Analytic tools
Cyber-security
2.
Future of virtual
currencies
14
M
egatrendsSlide15
Integrating megatrends into business decisions
Juan Gonzalez
Strategic Development Director,
IndraSlide16
Strategic response to megatrends
Source: Legal & General investor presentation March 2014Slide17
Strategic response to megatrends
Source:
Aegon
2013 Integrated Review Slide18
Why investors want your views on megatrends
Rui
Mota-Guedes
Head of European Equity Strategy,
MainFirst
Bank AGSlide19
Why investors want your views on megatrends
Simple,
consistent
,
long-term
goals
Understanding
of
the
competitive
environment
Objective
appraisal
of
resources
EFFECTIVE IMPLEMENTATION
Successful
strategy
Superior
returnsSlide20
Why investors want your views on megatrends
World Population
(billion people)
Source: McKinsey Global Institute
World
Consumption
($
trillion
)Slide21
Why investors want your views on megatrends
Source:
ManpowerGroup
Percentage employers having difficulty filing jobsSlide22
Panel discussion and Q&ASlide23
Megatrends - threat or opportunity?
Technological advances
Demographic shifts
Shift in global economic power
Resource scarcity and climate change
Urbanisation
81%
60%
59%
46%
40%
CEOs recognise there are megatrends with the ability to transform their business in the future…
22%
15%
13%
11%
10%
Business model change
New product/service offering
Changes to costs/pricing
Changes to consumer demand
13%
11%
10%
New market opportunities
…opening up opportunities along the waySlide24
Your roadmap to <IR>
Ian Ball
Chairman, Chartered Institute of Public Finance and Accountancy, Chair of IIRC Working GroupSlide25
Your roadmap to <IR>
Self-assessment of your organization’s <IR> status
Reflect
Record learning pointsPlan actionsTake back to drive momentum with your colleaguesAll materials are in your workbook:
guidance, worksheets, space for notes
Not a test!
Judgement – not an exact science!
Snapshot of complex businesses!Slide26
What will your roadmap to <IR> cover?
Step 1: identify relevant inputs, outputs, outcomes
Material capitals to value creation and focus areas for each material capital for roadmap exercise
Step 2: assess
your integrated thinking
Red, orange
, green rating for each focus area
Step 3: assess your external communications
Red, orange, green rating for each focus area
Day 1: as
part of
“<IR> as a response to megatrends”
Day 1: as
part of
“The integrated business”
Day 2
: at start and end of day
Day 3: after “Emerging Trends”Slide27
Getting started
10 minutes to:
Write down a snapshot of inputs, outputs, outcomes
relevant to your organization’s value creationDecide which capitals are material
Choose an area to focus on for each material
capital
5 minutes to discuss on your table
Workbook includes tips to help you Look for this icon for ideas for bringing in learning from conference sessionsSlide28