What organizational questions should companies clarify before starting?

They should examine which VSME requirements apply, what goals they pursue with the report, and how reporting boundaries (organizational units, timeframe) are defined[48].

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What organizational questions should companies clarify before starting?

Short answer: They should examine which VSME requirements apply, what goals they pursue with the report, and how reporting boundaries (organizational units, timeframe) are defined[48].

Even before data collection, companies should answer three central questions: 1. What are the specific VSME requirements? – Which data points and topics must be captured? 2. What do we want to achieve with the report? – Is it about requirements from banks and customers, internal management, or market positioning? 3. How do we define organizational and temporal reporting boundaries? – The reporting period, consolidation scope, and responsibilities must be defined[53]. The IHK also recommends conducting a stakeholder analysis early on and planning resources and responsibilities[50].

Sources: [48], [50], [53] ihk-muenchen.de

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