Indigenous Business Australia

Client: Indigenous Business Australia (IBA)

Challenge:

To measure the impact of Indigenous businesses beyond purely financial returns. 

The challenge for IBA was to identify other benefits delivered by the businesses in which it invests, such as in areas of employment, training and supply chain. A reporting tool was needed that delivered meaningful and transparent measurement that could be replicated across other businesses.

Our role:

We led the team that implemented and managed a new Indigenous economic impact reporting tool by working with large Indigenous businesses, including Minjerribah Camping (Queensland), Kakadu Crocodile Hotel (Northern Territory), Wilpena Pound (South Australia), and Tjapukai Aboriginal Culture Park (Cairns, Queensland). We then continually improved the tool, testing its effectiveness and agility with Indigenous businesses, stakeholders and the IBA Board.  

Outcome:

IBA now has a reporting tool that presents a holistic view of the economic impact of the Indigenous businesses in which it invests, enabling the businesses to report and measure impact more meaningfully and transparently.

Indigenous Business Australia (IBA)