A/HRC/20/29 IX. Conclusion 91. The present report outlines the strategy that the Working Group will bring to bear in pursuit of the mandate conferred upon it by the Human Rights Council. This strategy is informed by consultation inputs and submissions from States, business enterprises and associations, civil society organizations and concerned individuals that the Working Group has received to date. 92. The Working Group is acutely aware of the complexities and sensitivities that surround its mandate. It nevertheless remains seized of the imperative to take whatever appropriate steps are necessary in order to secure the greatest protection of and respect for human rights in the context of business activities. 93. The Working Group acknowledges that business is a manifestation of opportunity, through the transformation of factors of production – land, labour, finance and technology – into goods or services, which can contribute to economic development. Current incentive structures for business, however, too often lead to decisions that are detrimental to the enjoyment of human rights. By the same token, incentive structures are neither inevitable nor immutable. By meeting their differentiated but complementary responsibilities, as outlined in the Guiding Principles, States and business enterprises have the potential to ensure that economic growth is achieved through more inclusive, equitable business practices. 94. The Guiding Principles are a powerful enabler for better decision-making by States and enterprises alike. The approach of the Guiding Principles to respecting rights, taking due stock of risks to and impact on rights-holders, and ensuring that effective channels for recourse and remedy for victims are made available, offer a road map for doing business better by lowering risk, creating opportunity, avoiding conflict, improving external relations, safeguarding productivity and enhancing value. 95. To this end, the inherent utility and strong, growing authority of the Guiding Principles as the authoritative global reference point on human rights and business should be leveraged to maximum effect. The Working Group intends to do precisely that. The Guiding Principles present an unprecedented opportunity to focus the good efforts of States, businesses and civil society on the unified goal of universal business respect for human rights, for the benefit of rights-holders everywhere. 21