Purpose or Profit? Is it a binary choice?

The debate over whether a trade-off between purpose and profit a) still exists, b) has been tempered or c) even eliminated has been building for some time. It is powered by both public demand that our corporations deliver more for society and well documented global imperatives such as environmental degradation, technological transformation and growing wealth inequality.
Jenny Scott and Jyoti Banerjee have co-authored a paper that draws together academic evidence, polling research and data points over more than 20 years to build the case that businesses whose strategies are actively driven by a purpose that optimises value for multiple stakeholders, perform better than those that do not.

Assessing the impacts and outcomes of integrated reporting

Fronesys founders played influential roles in the development of the integrated reporting movement, a corporate reporting mechanism that now has around two thousand listed companies as its adopters, and which is now part of the mainstream of corporate reporting. So, perhaps, now is as good a time as any for Jyoti Banerjee to look back and assess the outcomes and impacts, as well as the what-might-have-beens, of this new form of corporate reporting.

Integrated thinking is focus of chapter in new Oxford handbook

Oxford University Press has just released a new chapter from the forthcoming Oxford Handbook of Food, Water and Society: Integrating Multi-Capital Thinking in Business Decisions. The new chapter, contributed by Fronesys partner Jyoti Banerjee, explores how we need to change our understanding of value. Here is Jyoti’s account of what you can expect in this new publication.

A Shift in Perspective – How Universities Create Value

Jyoti Banerjee, partner at Fronesys, highlights that by adopting the principles of integrated thinking and reporting, universities can move away from a focus on reporting short term financial metrics to a multi-stakeholder approach which offers compelling narratives about their value.

The changing flows of corporate performance information

The global system of corporate information is at an inflection point.
On the one hand, the landscape for corporate information is witnessing a sea change, with wide-ranging global digital trends transforming the flows of corporate information, in the way this information is produced, distributed and consumed.
On the other hand, the 20th century presumption that the annual report is the dominant life-form for the communication of corporate information looks less appropriate in the 21st century. Corporate reporting is already changing, driven by the need to move away from backward-facing reports that focus on financial activity alone and are devoid of any explanation of how organisations create (or destroy) value.
Does anybody care? What should be done about it? Jyoti Banerjee considers the options.

ABOUT FRONESYS

We are a value creation advisory service.

Fronesys is a global partnership of associates. We help cities and companies
deliver integrated thinking through a value-based approach.

Our purpose is to inspire practical wisdom in organisations and their leaders.
Fronesys carries out research, consulting and training in two domains:
Cities and Corporate organisations.

CORPORATE

We help companies embed integrated thinking for long-term value creation.

Companies are a powerful force for change. The revenues of many corporations exceed the GDP of most countries, and the private sector employs the majority of the global workforce. The way companies are run has the power to shape the long-term health of our economies, our societies, and the environment.

CITIES

Cities are critical to the future of the planet. Today cities generate around 80% of global GDP, and three-fourths of the world’s population will live in cities by 2030. Fronesys believes urbanization holds the key to sustainable growth, if cities can become inclusive, safe and resilient.

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