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Circular business models fostering sustainability

Davide Chiaroni

The course will start with the basic concept of Circular Economy, its definition, core characteristics, and differences with the linear economy. The definition of Circular Economy will then be enriched with the main frameworks for understanding Circular Economy (e.g., the butterfly diagram and the RESOLVE model). Additionally, the course will give some practical examples of companies applying Circular Economy principles. Having defined the concept, the course will deepen the topic from a business model perspective: frameworks and tools will be presented as a valuable means to design and evaluate Circular Business Models. Besides, the transition from linear to circular economy involves not only the company per se but also the whole business ecosystem. Accordingly, the concept of circular ecosystems will be defined together with the rationale behind the need for circular ecosystems. The course will also unveil the role of platforms in enabling the transition towards Circular economy. The course ends by identifying the main factors impacting Circular Economy adoption and investigating their role in the transition from linear to circular economy: digital technologies, policies and financing mechanisms.

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The course will start with the basic concept of Circular Economy, its definition, core characteristics, and differences with the linear economy. The definition of Circular Economy will then be enriched with the main frameworks for understanding Circular Economy (e.g., the butterfly diagram and the RESOLVE model). Additionally, the course will give some practical examples of companies applying Circular Economy principles. Having defined the concept, the course will deepen the topic from a business model perspective: frameworks and tools will be presented as a valuable means to design and evaluate Circular Business Models. Besides, the transition from linear to circular economy involves not only the company per se but also the whole business ecosystem. Accordingly, the concept of circular ecosystems will be defined together with the rationale behind the need for circular ecosystems. The course will also unveil the role of platforms in enabling the transition towards Circular economy. The course ends by identifying the main factors impacting Circular Economy adoption and investigating their role in the transition from linear to circular economy: digital technologies, policies and financing mechanisms.

INTENDED LEARNING OUTCOMES (ILOs)

If you actively participate in this course, at the end you will be able to:

WEEK 1

- Define the concept of Circular Economy

- List its principles and clearly differentiate linear economy from circular economy

- Describe the main models at the core of Circular Economy (e.g., the Butterfly Diagram)

- Get to know some practical examples of companies applying Circular Economy principles

- List its principles and clearly differentiate linear economy from circular economy

WEEK 2

- Describe the classification of Circular Economy business models

- Use a useful and handy tool to frame a successful Circular Economy Business Model

- Define the concept of circular ecosystem and its rationale

- Explain the role of platforms in Circular Economy

WEEK 3

- Explain the role of digital technologies in enabling Circular Economy transition

- Explain the role of policies in supporting Circular Economy transition

- Describe the importance of financing mechanisms for Circular Economy

ACTIVITIES

Over and above consulting the content, in the form of videos and other web-based resources, you will have the opportunity to discuss course topics and to share ideas with your peers in the Forum of this MOOC.

You will find a large number of readings and insights to further enrich your knowledge of the topics covered.

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What's inside

Syllabus

Week 0: Introduction to the course
Week 1: The transition from linear to circular economy
Week 2: The business perspective behind circular economy
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Week 3: Enabling factors for circular economy implementation
Week 4: Final Survey

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Gives a brief but solid foundational understanding of the Circular Economy
Grasps core principles and concepts of the Circular Economy Framework
Explores a range of practical examples to demonstrate the application of Circular Economy principles
Emphasizes the need for a holistic approach to Circular Economy implementation, encompassing businesses, ecosystems, and enabling factors
Covers the role of digital technologies, policies, and financing mechanisms in fostering the Circular Economy transition
Provides a framework for evaluating Circular Business Models

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Circular business models fostering sustainability with these activities:
Compile a Resource List on Circular Economy
Creating a resource list will help you organize and share valuable information on circular economy, benefiting yourself and others.
Browse courses on Circular Economy
Show steps
  • Gather resources from various sources, such as articles, websites, and videos.
  • Organize the resources into different categories or topics.
  • Create a digital or physical resource list to share with others.
Follow Online Tutorials on Circular Economy Tools and Frameworks
Following online tutorials will provide you with hands-on experience with circular economy tools and frameworks, enhancing your understanding of their practical applications.
Browse courses on Circular Economy
Show steps
  • Identify relevant online tutorials that cover specific circular economy tools or frameworks.
  • Follow the tutorials step-by-step.
  • Experiment with the tools or frameworks to gain practical experience.
Participate in Online Discussion Forums on Circular Economy
Engaging in online discussions will allow you to exchange ideas, share perspectives, and learn from others interested in circular economy.
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Show steps
  • Join online discussion forums or groups related to circular economy.
  • Actively participate in discussions by sharing your thoughts, asking questions, and responding to others.
Six other activities
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Review 'Cradle to Cradle: Remaking the Way We Make Things'
This book provides a comprehensive overview of the circular economy concept and its principles.
Show steps
  • Read the introduction and Chapter 1 to understand the basic principles of circular economy.
  • Go through Chapter 2 to learn about the different business models that can be used to implement circular economy principles.
  • Read Chapter 3 to gain insights into the challenges and opportunities associated with the transition to a circular economy.
Create a Presentation on Circular Economy for a Target Audience
Creating a presentation for a specific audience will help you tailor your message and effectively convey the importance of circular economy principles.
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Show steps
  • Identify your target audience and their level of knowledge about circular economy.
  • Research and gather information on circular economy principles and case studies.
  • Develop a presentation that is clear, concise, and engaging.
Attend a Circular Economy Workshop or Conference
Attending a workshop or conference will provide you with an opportunity to learn from experts, network with professionals, and gain practical insights into circular economy.
Browse courses on Circular Economy
Show steps
  • Research and identify relevant circular economy workshops or conferences.
  • Register and attend the event.
  • Actively participate in sessions and networking opportunities.
Create a Blog Post on Circular Economy
Writing a blog post will help you synthesize and communicate your understanding of circular economy principles and their importance.
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Show steps
  • Choose a specific aspect of circular economy that you want to focus on.
  • Research and gather information on your chosen topic.
  • Write a blog post that clearly explains the topic and its significance.
Solve Circular Economy Case Studies
Solving case studies will help you apply the concepts learned in the course to real-world scenarios and develop your critical thinking skills.
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Show steps
  • Read and analyze the case study.
  • Identify the key issues and challenges related to circular economy.
  • Develop and evaluate potential solutions to the identified issues and challenges.
Develop a Circular Economy Business Model
This project will allow you to apply the concepts learned in the course to a real-world scenario.
Browse courses on Circular Economy
Show steps
  • Identify a problem or opportunity that can be addressed through a circular economy solution.
  • Research and develop a circular economy business model that addresses the identified problem or opportunity.
  • Create a business plan for your circular economy business model.
  • Present your business plan to a group of peers or mentors.

Career center

Learners who complete Circular business models fostering sustainability will develop knowledge and skills that may be useful to these careers:

Reading list

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