Alan Middleton, CEO of PA Consulting Group (PA), will moderate a panel discussion at the UN Global Compact Leaders Summit in New York City today on how organisations can achieve breakthrough innovation in pursuit of the UN Sustainable Development Goals (SDGs).
The SDGs represent a US$12 trillion opportunity for businesses. Yet at current pace, the global community risks coming up short on many of the targets.
To date, efforts to accelerate progress towards the SDGs have largely focused within individual organisations and their existing value chains. During his session at the Leaders Summit, Middleton will highlight the need for organisations to adopt an approach of breakthrough innovation, which calls for looking beyond incremental change to find new business models that deliver both societal and economic outcomes. He will also emphasise that disruptive technologies are key to powering many of the breakthrough innovations.
In partnership with the UN Global Compact and Volans, PA has identified twelve disruptive technologies that have the potential to drive significant improvements in business performance and the quality of life of the world’s population. For each technology, PA has developed an executive summary which details its key features, provides examples of its applications, outlines its potential positive and negative societal impact, and explores how it can enable economic growth.
The disruptive technologies and their associated potential are:
Alan Middleton, CEO, PA Consulting Group says, “Achievement of the UN Sustainable Development Goals offers economic opportunities estimated to be worth at least US$12 trillion. Right now we are falling short because change has been incremental and delivered mostly within individual organisations and their existing value chains. We need businesses to adopt an approach of ‘breakthrough innovation,’ looking beyond incremental change to identify new business models that will deliver both societal and economic outcomes. Disruptive technologies will be at the heart of many breakthrough innovations and will enable organisations to operate in new and far more sustainable ways while seizing huge commercial opportunities. A daunting challenge for sure, but taking the long-view, ‘business as usual’ is a bigger risk than pursuing breakthrough innovation.”
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