Project overview

Up to 80% of a company’s value is intangible.

Companies measure, monitor, manage and evaluate performance every day. They set key performance indicators and targets for objectives, budget and forecast to allocate resources and plan for the future. But the business landscape is changing. Environmental and social risks account for four of the top five risks in terms of impact, and up to 80% of a company’s value is intangible (i.e., in research, innovation, know-how, relationships, entrepreneurial and managerial skills, etc.). This is a marked change from even 10 years ago. For companies to keep up, performance management needs to change.

You’re invited to take part in defining and driving the transition by partnering with the World Business Council for Sustainable Development, and AICPA and CIMA as we work to push integrated performance management into mainstream business practices.

WBCSD is partnering with AICPA and CIMA to develop integrated performance management practice. Building on WBCSD’s leadership and related work from the AICPA and CIMA on strategy, targets, KPIs, management techniques, business models and organizational performance. The collaboration will explore leading performance management practices that drive better decision-making and develop integrated performance management resources, education materials and solutions that you (and others) can readily deploy in your business.