Waste to Wealth

Waste to Wealth

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The circular economy may be about to drive the biggest transformation in business since the Industrial Revolution 250 years agoa€”$4.5 trillion in additional economic output by 2030a€”through a radical departure from the traditional 'take, make, waste' production and consumption models. Adopting a circular approacha€”decoupling growth from the use of natural resourcesa€”achieves two things: first organizations protect themselves from rising and volatile commodity prices, become more resilient to supply disruptions, and reduce their environmental footprint. More importantly, by extending their core customer value chain beyond design, production and sales into product usea€”where most customer value is createda€”companies begin to rethink their customer relationships, enabling them to create unassailable competitive advantage. Lacy and Rutqvist present disruptive strategies that help both planet and profit through the circular economy. They set out five business models that promote circular growth alongside the technologies and capabilities required to turn them into competitive advantage a€“ from deploying sustainable resources to the sharing economy a€“ each illustrated with case studies that examine the key challenges and suggestions to help organizations scale their efforts. They offer you the Circular Advantage. Ultimately, the driver for adopting the circular economy isn't scarcity. It's opportunity. To derive more from resources and assets. And create products and services that are much more innovative, and responsive to the most important point in the circle: the customer.Channel players act as middlemen, using technology to provide a place where owners can display their wares and others can buy them. ... Taobao, eBay, and Craigslist are among the bestknown marketplaces for the resale of a wide range of merchandise (both new ... equipment (Play It Again Sports), childrena#39;s clothes ( Once Upon a Child), and musical instruments (Music Go Round), to name just a few.

Title:Waste to Wealth
Author:Peter Lacy, Jakob Rutqvist
Publisher:Palgrave Macmillan - 2015-09-01


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