Circular Economy: Eco-Friendly Business Model Innovation

See the business model innovation to take traditional business models, and make them environmentally-friendly

What you'll learn

Circular Economy fundamentals

Many real examples of brands using the Circular Economy

Business model examples you can use to make your company more eco-friendly while make more revenue

Learn how to measure the impact and effectiveness of your company's Circular Economy efforts

Requirements

There are no prerequisites to this course, just an open mind, and a love for learning

Description

In a world facing unprecedented environmental challenges, businesses are increasingly turning to circular economy principles to drive innovation, reduce waste, and create sustainable value. This course offers a deep dive into the principles, strategies, and practical applications of circularity, equipping you with the knowledge and skills to transform your business into a force for positive change.This course provides a holistic understanding of the circular economy framework and its implications for business strategy, product design, supply chain management, and beyond. Whether you're a seasoned sustainability professional or new to the concept of circularity, this course offers valuable insights and actionable strategies to drive meaningful impact within your organization.Key Learning Objectives:Understanding Circular Economy Fundamentals: Explore the foundational principles of the circular economy, including the shift from a linear "take-make-dispose" model to a regenerative, closed-loop system. Learn about the economic, environmental, and social benefits of embracing circularity and the role of businesses in driving this transition.Circular Design and Innovation: Discover strategies for designing products, services, and business models that minimize waste, maximize resource efficiency, and promote circularity throughout the product lifecycle. Learn how to integrate circular design principles into your organization's innovation processes to create sustainable and resilient solutions.Circular Supply Chain Management: Explore best practices for optimizing supply chains to reduce waste, enhance transparency, and promote responsible sourcing and production practices. Learn how to implement reverse logistics systems, collaborate with suppliers, and leverage technology to create more sustainable supply chains.Circular Business Models and Strategies: Explore a range of circular business models, including product-as-a-service, remanufacturing, sharing platforms, and closed-loop systems. Understand how these innovative approaches can create new revenue streams, drive customer loyalty, and unlock business opportunities in a circular economy.Measuring and Evaluating Circular Performance: Learn how to identify key performance indicators (KPIs) and measurement metrics to track the success of circular economy initiatives within your organization. Explore tools and methodologies for assessing environmental impact, resource efficiency, and social outcomes, and leverage data-driven insights to drive continuous improvement.Case Studies and Practical Applications: Explore real-world case studies and examples of successful circular economy initiatives across industries. Gain inspiration from leading companies and organizations that have embraced circularity to drive innovation, reduce costs, and create shared value for stakeholders.Whether you're looking to enhance your sustainability credentials, future-proof your business against environmental risks, or capitalize on emerging opportunities in the circular economy, this course provides the knowledge, tools, and inspiration you need to become a catalyst for change. Join us and embark on a journey towards mastering the circular economy and building a more sustainable future for generations to come.

Overview

Section 1: Introduction and welcome

Lecture 1 Introduction and welcome

Lecture 2 Circular Economy definition and benefits

Section 2: Circular Economy business models

Lecture 3 Circular Economy business models

Lecture 4 Marketing opportunities with the Circular Economy

Lecture 5 Example of a brand that uses Circular Economy principles for growth and quality

Lecture 6 More examples of the Circular Economy business model innovation

Lecture 7 One more example of business model innovation in the Circular Economy

Section 3: Product life extension and brand case study

Lecture 8 Product life extension case study of Unilever

Section 4: What happens to our plastics

Lecture 9 What happens to our plastics

Section 5: Measurement metrics

Lecture 10 Types of metrics and KPI to measure the your Circular Economy effort

Section 6: Conclusion

Lecture 11 Thank you for taking the course, and parting words

Entrepreneurs,Product managers,All professionals