The integrated development agenda is where a business entity decides to use a holistic
approach to come up with strategies and plans in context with how the business will impact the
main factors such as nature, finance and manufacturing thus helping in making well-versed
decisions (Vatala, 2017) . This helps in taking key opportunities while managing key risks. This
is similar to the Maori people’s traditional ways of belief and values. For instance, the Maori/iwi
describe the world as a perfect equilibrium despite the diversity found in the world. According to
them, all living things and non-living things re dependent on each other and they tend to
understand it as an all-inclusive system instead of parts of the system.
One main example of using integrated development agenda is where the entire business
will involve all its staff members from high ranking to the lowest so as to use a holistic approach
in finding the best solutions to realize long terms success. Just like in the Maori view of the
world, it will take into consideration, the current conditions and problems and how to use the
available resources for the development of the business. Therefore, there is harmonization
between the staff, the managers and the resources available so as to improve the performance of
the company and business as a whole (Gupta, 2004) . The integrated development Agenda gives
an inclusive outline for how the habitat should be used, how the services and infrastructure will
be capitalized as well as how the environment should be well taken care of just as how the Maori
people believe in the holistic approach of their ecosystem.
On the other hand, integrated reporting Framework is an outline which is specifically
meant for the people who provide financial capital or stake holders specifically investors to a
business or company (Mandy , Wendy , & Pieter , 2014) . Both integrated reporting and
integrated development Agenda go hand in hand when it comes to how the business performs.
For instance, the integral planning is important in recognizing the six capitals which are: natural,
social and relationship, intellectual, human, manufactured and financial. This affects the business
internally and if the objective is to improve the business, so shall all the stakeholders be
improved in terms of behavior. The internal improvement will specifically also information
system reporting practices of the business (John , Stefano, & Magnaghi, 2021) .
How the business improves in terms of the integrated development agenda is also
mirrored in how the business adopts its integrated reporting. This is because the business will
scrutinize and measure the six capitals mentioned earlier on and how they will transform them
into their business model. For instance, the managers will see it fit to explain the strategies and
authority, their business model, how the company demonstrates its key risks it faces as well as
how they plan to elude and mitigate them, as well as how they pinpoint tangible and intangible
assets. Since the integrated report is purely based on what is happening to the company, it gives a
holistic report which is considered to be trustworthy. This will aid in decision making made by
the financial providers as it is based on improved quality of information (Integrated Reporting:
International Framework, 2021) .