"...Over 1.4 billion people around the world lack access to electricity...”
- SOURCE: International Energy Association. (Accessed October 31, 2011). "Access to Electricity.” View website.
The two-day event, a sure sign of GE's leadership and ability to think long term, brought together 6 GE Energy executives and 12 outside innovation or energy experts from around the world; somehow I had the privilege to be part of that second category. The goal was to brainstorm new products and services for GE Energy to consider developing to serve the market in 5 to 10 years.
Many of us were surprised to see how this group gravitated towards one solution that asked how GE Energy -- a global company with 90,000 employees and $38 billion in 2010 revenues -- could open new markets and address important needs by providing distributed electricity and related products to the world's 1.4 billion people who lack such access.
Let's hope that GE Energy finds success in this endeavor and provides a repeatable example of doing well by doing good. I'd like to go on and on about what else happened in those two power-packed days (pun intended), but a short video is being produced about the event and will likely be in the public domain next month. Stay tuned.