Indeed it (XBRL aka digital financial reporting) is revolutionary for it democratizes data i.e. easily available and download for free ( e.g. SEC USA ).

Purpose over profit leading to meaningful collaboration is a powerful concept.

Select a business unit (preferably a low hanging fruit type) and identify ways to extend its competitive advantage period.

From my experience, when embarking on a project for change, it is extremely useful to socialise

KAM concept can better be understood when view from the context of a specific industry like pharmaceutical where it is undergoing major transformation.

In this post, we will further test drive the XBRL for its data consumption functionalities / features and see how easy it is to perform financial analysis on-the-fly.

Financial modelling sharpens the focus on business model validation.

Taking ownership to embrace sustainability[1] is a given for an enlightened company;

A sustainable society requires appropriate disclosure and accountability of consumption of capital by companies.

If stakeholders are remunerated regardless of the outcome of the value creation journey then it appears to be a risk-free ride.

The value creation journey is usually initiated at the senior strategic management level. The entrepreneurial vision of sponsor(s) helps shape the business model and identifies the value to be created.

Value creation is better understood when we can connect the underlying components of shareholders value to gain insights on how they interact amongst themselves.

Value creation may mean different things to different people.