· Business model
- Value creation
- Strategic focus and future orientation
The Sanford report clearly lays out its four strategic objectives, explaining their importance to the ongoing viability of the company and highlighting the key initiatives to be implemented in each area. Using Sanford's own terminology, the table on page 17 demonstrates the company's focus on a range of capitals (innovation, natural resources, brand, etc) in delivering on its strategy. The diagram on page 18 depicts Sanford's business model, which is presented through the lens of value creation. Sanford's presentation of its inputs ('value enablers'), processes applied to those inputs ('value creation') and outputs/outcomes ('value created') align with the business model guidance in the <IR> Framework. Additionally, each aspect of value created refers to additional detailed discussion later in the report. These sections combine qualitative and quantitative analysis of the value created by Sanford.