Global industrial conglomerate General Electric is no stranger to innovation — the company has pioneered many of the transformative technologies of the past 100 years. So it may be well-suited for a new shift that is underway, one in which businesses will align their operations with the recently adopted Sustainable Development Goals.
As the meetings around the United Nations General Assembly affirmed, the new global goals have strong buy-in from the private sector. But what does this mean in practice? And just what will it look like for a business to tackle one of these goals?
The picture will vary by business and goal to be sure. But any effort to align with the SDGs will likely involve some sort of innovation — either in operations and planning, new investment markets, products and services or partnerships forged.