Global review 2018
How do we create value and build trust in this transformative age?
We are living in a transformative age. Rapidly advancing technology, globalization, the rise of the emerging markets and shifting demographics are changing business and society faster than ever. Traditional business models are being upended, sectors are converging, workforces are transitioning and the global economy is becoming ever more complex. Disruption is the new normal, and businesses are either disrupters or they are being disrupted.
At EY, our purpose is Building a better working world. An important part of fulfilling our purpose is asking better questions. These questions help businesses and governments to discover better answers and navigate today’s dynamic landscape. To make sure we succeed, we are transforming ourselves at the same time — offering new services, creating new alliances, shaping the future of work for EY people and transforming how we support our communities.
Fulfilling our purpose requires building trust across society. This is an important objective of all businesses across the globe. Doing so requires business to be more transparent and to demonstrate the ways in which it creates value for all stakeholders. In this year’s Global review, you can learn about the exciting ways we’re changing and how we create value and build trust in this transformative age.
Facts and figures
In recent years, there has been much conversation about corporate reporting and whether current methods are still fit for purpose. Business, the media, governments and regulators, and academics have all been involved. The growing consensus is that if businesses want to build trust then they must tell a more complete story of how they are creating value for all of their stakeholders.
This story must go beyond presenting a narrow range of financial metrics to encompassing a broader range of both financial and nonfinancial metrics that provide a more transparent view of an organization’s purpose, objectives and plans.