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Ed Weenk - Mastering the Circular Economy: A Practical Approach to the Circular Business Model Transformation

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Ed Weenk Mastering the Circular Economy: A Practical Approach to the Circular Business Model Transformation
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Mastering the Circular Economy: A Practical Approach to the Circular Business Model Transformation: summary, description and annotation

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Global consumption of raw materials currently goes beyond the earths 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 theyve 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.

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Contents Landmarks Figures Tables Page List PRAISE FOR MASTERING THE CIRCULAR - photo 1

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PRAISE FOR MASTERING THE CIRCULAR ECONOMY

The transition to a circular economy is a do-or-die choice facing business and society. More and more companies are willing to make the journey, but still lack the necessary insight, skills and tools to succeed. Mastering the Circular Economyis a must-have guidebook for transforming business into a proactive force for good. This vital book by Rozanne Henzen and Ed Weenk will broaden your perspective on the circular economy, deepen your knowledge and raise your aspirations to do more and better. The chapters weave together important concepts and best-practice examples, while offering helpful tools to turn ideas into reality. This book gives vital clues to how we can and must avoid overshoot and collapse in nature, society and the economy. I highly recommend it.

Wayne Visser, presenter of Closing the Loop, the worlds first feature-length documentary on the circular economy; holder of the Chair in Sustainable Transformation at Antwerp Management School; Fellow of the University of Cambridge Institute for Sustainability Leadership

Here are my two suggestions on how to enjoy this very practical and at the same time rigorous book: either as a perfect complement to the Blue Connection business simulation game (my favourite option!) to design a whole course around these two clear and powerful teaching tools and get the most out of them, or as a source of inspiration for a multitude of mini-cases and exercises to have a hands-on learning experience on the circular economy.

Valentina Carbone, Professor, Scientific Co-director of the Circular Economy Chair, ESCP - Paris Campus, France

Hands-on and engaging writing style with a brilliant structure where the reader is taken on the journey from idea to practice, and towards envisioning the future. Truly recommendable!

Desire Knoppen, Head of Academic Department. Associate Professor of Circular Economy and Supply Chain Management, EADA Business School. Barcelona, Spain

At last: supply chain featured prominently in Mastering the Circular Economy! Operationalizing the circular economy poses a great challenge across our industry and profession: this book gives a solid foundation to grasping the importance of supply chain as we transition our operations, business models, and economies towards circularity.

Deborah Dull, Founder, Circular Supply Chain Network , USA

Mastering the Circular Economyis a very timely and appealing book for multiple reasons. First and foremost the transition from traditional linear models to circular ones is of course a major societal and business challenge. Second, the book contains numerous relevant practical examples and exercises, with a prominent role for the Blue Connection simulation game. Third, the book provides a truly integrated learning approach, hence facilitating an experiential learning journey. And finally, this learning experience is supported by numerous inspiring illustrations. My favourite? It is difficult to make a choice, but I would opt for , The T-shaped supply chain manager. This picture elegantly captures the complexity of the circular economy challenge, starting already in primary education. So, in the spirit of the Blue Connection simulation: Game on!

Bart Vos, Professor of Supply Chain Innovation and Scientific Director, Brightlands Institute for Supply Chain Innovation (BISCI), Maastricht University, Netherlands

Mastering the Circular Economyis an engaging and hands-on approach to applying the concepts of circularity to business practices and developing the leadership competencies to drive organizational transformation. It gives clarity where we tend to see complexity and makes caring for our people, our organizations, and our environment accessible for managers worldwide. It is a must-read for purpose-driven people leading purposeful organizations.

David Dinwoodie, Centre for Creative Leadership, Spain, and co-author of Becoming a Strategic Leader: Your role in your organizations enduring success

Our current linear approach has got to change and adapt to a more mindful approach that recognises the impact our activities are having on the world. Adopting a circular approach that seeks to reduce our impacts that benefit all stakeholders is critical. One major challenge is How to transition existing linear supply chains and business to a more circular approach? Managers both current and future will need to develop their understanding of the different strategies to achieving this. The Blue Connection is a simulation that allows us to manage this transition for an electric bicycle manufacturer. It surfaces many of the challenges we will face in reality and allows us to test different solutions and approaches to understand the interactions and inherent complexities.

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