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Circular Business Models: Doing more, with less, for longer
This course highlights the main Circular Business Models (CBMs) enabling the transition to a Circular Economy and their role in increasing the performance and sustainability of organizations.
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1.5 hours to complete
This self-paced course can be completed in 1.5 hours.
Author: Alon Rozen
Circular business models (CBMs) can help slow, narrow, and even close resource loops as we transition from value chain thinking to a value cycle mindset.
When set up properly, CBMs:
Help to lower costs
Reduce resource consumption
Build deeper relationships between providers and users
Create new value-accreting partnerships with suppliers and stakeholders
CBMs take us from the realm of “feel-good solutions” where profitability is sacrificed in the name of sustainability to business model optimization, where profit, purpose, people and planet co-exist harmoniously.
Besides superior performance, CBMs help:
Create new jobs
Promote innovation in industry and services
Embed clean energy further into the economy
Dematerialize many parts of the economy
Make cities and communities more sustainable
Promote responsible consumption and production
Overall, this course offers a look into three types of circular business models, highlighting their features, benefits, and the impact they have on the Circular Economy, our lives, and our future.
Look back on concepts after completing the course.
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