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1. Select an international organization of your choice (UK based) and provide a critical
analysis of the benefits and challenges of adopting Integrated Reporting (IR) for your
selected organization.

Ans. Organization Name - Cafe Pod Coffee Co.

Cafe Pod Coffee Co. has been established in 2011 by Peter Grainger and Brent Hadfield.
However, it has managed to win thousands of people's hearts with its extraordinary styling of
crafting Coffee.

However, their business is thriving but they can make it more successful by adopting
Integrating Reporting (IR) model.

Benefits of Adopting Integrating Reporting

Cafe Pod Coffee Co. can get many benefits if it adopts the IR model as Integrating
Reporting will help the business to sustain itself for a long period making their business more
successful. Below are some benefits that this business will get if it follows up on the IR
model.

● One of the most important benefits that Cafe Pod Coffee will get while adopting the
IR is that it will help them to sustain itself in the market for a longer period than those
company who does not follow up on this model.
● By adopting Integrating Reporting, they can improve the management with greater
clarity on business performance and problems.
● With this report, they can get more efficient reports along with the measures to make
their business model successful.
● It will also the business to focus on non-financial aspects and operational changes that
can benefit the company and its stakeholders in the long run.
● As Integrating Reporting is a single report, it will help the Cafe Pod Coffee
organisation to get a clear and concise report.
● This report opens a direct way to communicate with stakeholders about future
achievements and goals.
● Integrated Reporting is not just a report that provides the overall performance and
future goals of the company but it actually maximises the value for all the
stakeholders during the existence of the business.
The aforementioned are some of the benefits that Cafe Pod Coffee will get if it adopts the
Integrating Reporting model. However, a company may also face some challenges in taking
up the IR model.

Challenges of Adopting Integrating Reporting

There are many challenges that Cafe Pod Coffee organisation will face if they adopt
Integrating Reporting. As it is a complex process, this organisation has to change the overall
business structure reporting. Below are some of the most common challenges that this
organisation will have to face.

● The most common challenge that any company has to withstand while implementing
Integrating Reporting is that they have to break down the company's structure into
Silos and also have to change the existing data collection procedure.
● Another challenge that this organisation has to encounter is that they have to
harmonize the needs of different stakeholders and this is an extremely challenging
task.
● With the IR model, it will be a challenging task for Cafe Pod Coffee to reconcile
briefness and meaningful communication between stakeholders.
● Preparing Integrating reports required lots of time, resources, and technology and this
may be exhausting for a business as it is a lengthy process and needs more time.
● As the IR model has lots of information regarding the non-financial report, cost of
reporting and other sensitive information, it is a challenging task to acquire all the
data and arranged it in a silos structure for preparing the IR.

The above are the challenges that this organisation will have to encounter will adopting
Integrating Reporting.