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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
Strategic Management and the Circular Economy aims to bridge the theory-practice gap by putting forward a detailed step-by-step process for design, implementation and execution of CE strategies.
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.
Global consumption of raw materials currently goes beyond the earth's regenerative capacity, but the circular economy offers a more sustainable model which also provides new business opportunities. Mastering the Circular Economy is an introduction to circularity from a business and value chain management perspective. With many reflections and exercises throughout, the book draws a direct link between relevant recent theory and practice and offers students and practitioners a deeper understanding of the topic. It looks at both the macro and micro context of the circular economy, from the government and societal view to the impact of new business models in an individual company. Starting from the corporate imperative of moving from linear to circular business models, Mastering the Circular Economy covers the associated opportunities and challenges for organizations, from regulation and risk to value chain collaboration, reverse logistics and product quality. Part two of the book helps students to pull together everything they've learned and see how the concepts play out in the real world by guiding them through application in the online business simulation game The Blue Connection (free basic access is included with the book). Readers are continuously asked to reflect on the choices they would make in different roles to demonstrate a full understanding of the strategic and operational implications of the circular economy.
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.
The concept of circular economy is based on strategies, practices, policies, and technologies to achieve principles related to reusing, recycling, redesigning, repurposing, remanufacturing, refurbishing, and recovering water, waste materials, and nutrients to preserve natural resources. It provides the necessary conditions to encourage economic and social actors to adopt strategies toward sustainability. However, the increasing complexity of sustainability aspects means that traditional engineering and management/economics alone cannot face the new challenges and reach the appropriate solutions. Thus, this book highlights the role of engineering and management in building a sustainable society by developing a circular economy that establishes and protects strong social and cultural structures based on cross-disciplinary knowledge and diverse skills. It includes theoretical justification, research studies, and case studies to provide researchers, practitioners, professionals, and policymakers the appropriate context to work together in promoting sustainability and circular economy thinking. Volume 1, Circular Economy and Sustainability: Management and Policy, discusses the content of circular economy principles and how they can be realized in the fields of economy, management, and policy. It gives an outline of the current status and perception of circular economy at the micro-, meso-, and macro-levels to provide a better understanding of its role in achieving sustainability. Volume 2, Circular Economy and Sustainability: Environmental Engineering, presents various technological and developmental tools that emphasize the implementation of these principles in practice (micro-level). It demonstrates the necessity to establish a fundamental connection between sustainable engineering and circular economy. - Presents a novel approach, linking circular economy concepts to environmental engineering and management to promote sustainability goals in modern societies - Approaches the topic on production and consumption at both the micro and macro levels, integrating principles with practice - Offers a range of theoretical and foundational knowledge in addition to case studies that demonstrate the potential impact of circular economy principles on both economic and societal progress
This book is purposefully styled as an introductory textbook on circular economy (CE) for the benefit of educators and students of universities. It provides comprehensive knowledge exemplified by practices from policy, education, R&D, innovation, design, production, waste management, business and financing around the world. The book covers sectors such as agriculture/food, packaging materials, build environment, textile, energy, and mobility to inspire the growth of circular business transformation. It aims to stimulate action among different stakeholders to drive CE transformation. It elaborates critical driving forces of CE including digital technologies; restorative innovations; business opportunities & sustainable business model; financing instruments, regulation & assessment and experiential education programs. It connects a CE transformation for reaching the SDGs2030 and highlights youth leadership and entrepreneurship at all levels in driving the sustainability transformation.
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.
With the need for sustainability, a focus on developing an economic system that aims at minimizing waste, commonly referred to as the circular economy, is emerging. Circular economy and studies related to it have gained worldwide attention, as it seems to be an effective alternative economic system. Naturally, the circular economy will impact enterprises and will shift how entrepreneurship development and entrepreneurial opportunities are perceived, developed, and resourced. The Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy is a collection of pioneering research that advances the understanding of entrepreneurship development, identifies the opportunities, and manages the entrepreneurship development, policies, and programs in order to further a circular economy. In addition to entrepreneurship development and entrepreneurial opportunities, the book will cover and discuss a number of other factors necessary for a successful transformation, such as entrepreneurship and innovation, entrepreneurship and change, and entrepreneurship education. While highlighting topics including consumer consumption, knowledge management, and linear economics, this book is ideally designed for entrepreneurs, small business owners, managers, consultants, organization development specialists, policymakers, researchers, industry experts, academicians, and students.
This book focuses on the role of corporations in the transition towards an economy that works more in line with ecological limits. It is centred on business model innovation in the context of the circular economy, which is gaining consensus across business, policy and academic circles by proposing more resource efficient industrial processes. Interest in circular business models is growing within academic and practitioner literature yet the concept is not clearly understood, with potential negative consequences for theory building and practical implementation. Therefore, this book conceptualises circular business models and investigates their theoretical foundations in relation to the rationale for adopting them, drawing on circular economy, business model, strategic management and neo-institutional literature and secondary data.