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Economic changes in a globalized world require businesses to create new management practices to remain competitive and successful. While a network paradigm is a key management development, the effective application of this paradigm in organizational practice is complicated by differing interpretations and approaches. Therefore, it is important to thoroughly understand the applicable factors and mechanisms to an efficacious business network. Networked Business Models in the Circular Economy provides innovative insights into achieving synergy through the cooperation of many business partners and organizations and adapting operational strategies for the whole network. While highlighting topics such as smart mobility, digital solutions, and green supply chain, this publication is ideally designed for organizational managers, entrepreneurs, economists, management scientists, business analyzers, financial consultants, researchers, and students seeking current research on the dynamical contributions required to achieve mutual growth.
Natural resources, and the materials derived from them, represent the physical basis for the economic system. Recent decades have witnessed an unprecedented growth in demand for these resources, which has triggered interest from policy makers in transitioning to a more resource efficient and ...
This book explores many key areas of business science and practice. It is mainly centred on the field of strategic management with a special focus on the concept of business models and the new dimensions of the economy. In terms of economic conditions, the book discusses the principles of the sharing economy, the circular economy, and the networked economy. This multi-faceted approach makes the book holistic, creating a comprehensive image of a multidimensional market. It will appeal to theoreticians and scientists dealing with the issues of building and operationalising innovative business models, as well as students exploring the issues of strategic management and the new economy. Furthermore, it will also be of interest to business practitioners–– both entrepreneurs and top managers––who want to be business virtuosos, who can change their organisations and their business models.
This book explores many key areas of business science and practice. It is mainly centred on the field of strategic management with a special focus on the concept of business models and the new dimensions of the economy. In terms of economic conditions, the book discusses the principles of the sharing economy, the circular economy, and the networked economy. This multi-faceted approach makes the book holistic, creating a comprehensive image of a multidimensional market. It will appeal to theoreticians and scientists dealing with the issues of building and operationalising innovative business models, as well as students exploring the issues of strategic management and the new economy. Furthermore, it will also be of interest to business practitionersâ "â " both entrepreneurs and top managersâ "â "who want to be business virtuosos, who can change their organisations and their business models.
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.
This book explores the need to develop business strategies, organise and fund transformation projects and manage the transformation programme in order to further a circular economy. Circular Business Models outlines sustainable business models that can be used by companies to move transformation forward on a large scale. In addition to business models the book will cover and discuss a number of other factors necessary for a successful transformation, such as business and innovation strategy, entrepreneurship and change management. Including original interviews with circular economy practitioners, this book will be applicable to industries as diverse as manufacturing, food processing, transportation and mechanical engineering. Addressing the different challenges that meet circular economy visionaries, it outlines strategies and business models needed to gain momentum in these different sectors.
Waste to Wealth proves that 'green' and 'growth' need not be binary alternatives. The book examines five new business models that provide circular growth from deploying sustainable resources to the sharing economy before setting out what business leaders need to do to implement the models successfully.
Companies and whole branches of industry have a social and ecological responsibility. Excessive use of resources and exploitation of workers throw a negative light on certain branches of industry. One example for such an industry is the mobile phone sector. In order to solve this problem, Frederik Meissner presents a case study of two sustainable business models. How do companies propose, create, deliver, and capture value? Do the discussed business models correspond to the principles of the circular economy? The circular economy is seen as a condition and a beneficial relation for sustainability. Meissner’s first case is the smartphone retailer Fairphone, who provides a long-living, modular, and transparent mobile phone. The second case is Mazuma Mobile, a refurbishment service that provides second-hand mobile phones and the possibility to sell an old or broken electronic device. This book shows how a company can produce and deliver products using sustainable methods. In this book: - Business Model Canvas; - Technical Cycle; - Nine Building Blocks; - Value Creation; - Value Capturing
Circular-Economy is a new concept in operations management. Its goal is to redefine growth, focusing on positive benefits arising for society as a whole out of efficiencies such as designing waste out the operations process. This book will help practitioners use the proper strategy for effective adoption of Circular practices to use in their organization. Features: Provides a complete understanding of Circular-Economy practices Offers advanced mathematical models to help industry management adopt the correct practices Presents a deep understanding of cross-functional and customer-focused design thinking Covers how to develop sustainable practices in all types of activities within operations management. Circular Economy for the Management of Operations will be of interest to practitioners and researchers in engineering as well as business management
Increased ecological awareness and the growing scarcity of resources have led to the introduction of new environmental standards, triggering enterprises, regions, and even countries to adopt new business models and industrial reconversion approaches. However, despite increased interest in business models and their innovation, it still lacks the integration of circularity and sustainability and to date research on these areas is still limited. This book, therefore, provides readers with a closer picture of the issues of business models and their innovation for the circular economy in Europe, where the issues of sustainability and the shift towards the circular economy have become cornerstones of European policies and documents and where significant differences have been identified between firms and countries. This book provides a unique view of different European perspectives and enables the reader to compare the situation in countries with completely different historical and economic conditions as well as with different perceptions of the need for the actions leading to the sustainable development and to the shift towards the circular economy.