Digital and Leadership Acumen Assignment

Assignment Task

Part A: Integrated Thinking and Governance

1. What is Integrated Thinking, and what is the role of the Board in ensuring that Integrated Thinking is practised within the company?

2. One of the Board members recently suggested that the Board should analyse the different learning styles of the members of the Board and management with the aim of harnessing the unique ways in which individuals process and analyse information. Explain how each learning style can contribute to integrated thinking and a more comprehensive and robust approach to problem-solving and decision-making.

3. Corporate culture plays a crucial role in governance, influencing decision-making, how the organization is led, and how it responds to challenges. How does promoting teamwork within an organisation contribute to developing and maintaining its corporate culture?

Critique the governance disclosure per the Integrated Report (you may copy and use this table in your report) by:

• Award a mark out of five for each section, and
• Motivating why you awarded the specific mark

For each core element:

• Highlight at least one area of strength (explain what they are doing well / what the report creators did to add value and usability to the reports) and
• Identify at least one opportunity for development (areas that might be viewed as weaknesses that could be improved). Provide a brief recommendation the company can implement in their next IR.

Part B: Corporate Sustainability

Specific questions asked by the Board:

4. How would you define Corporate Sustainability, and how does it differ from ESG?

5. How would you define Economic Sustainability, and how would a company like Sea Harvest contribute to the Economic Sustainability of South Africa?

Part C: Corporate Reporting, Materiality and Assurance

Specific questions asked by the Board:

6. Why are companies encouraged to prepare an Integrated Report? (Refer to the report's purpose and the report's proposed primary audience)?

7. What is meant by double materiality, and how would it be used when preparing an Integrated Report?

8. Why should the company seek independent assurance of the non-financial information disclosed within the Integrated Report?

Part D: Organisational Overview and External Environment

Specific questions asked by the Board:

9. Why is it essential to provide information about the company's culture, ethics and values?

10. Why is it essential to provide information about the external environment in which the company operates?

Part E: Business Model Disclosure

Specific questions asked by the Board:

11. Why is it essential to discuss the Board’s expectation of the availability, quality, and affordability of the six capitals used by the company?

12. Two methods can be used to describe a company’s business model, namely the Value Creation Process and the Business Model Canvas. Explain the main purpose of each (what does it tell you about the company?)

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