What role does the Circular Economy play?
The Circular Economy is a major component of Europe’s future competitiveness and for the attainment of the global SDG. The political course has been set and there is no way back.
To secure the future of their businesses, decision makers and professionals along the value chain must be able to anticipate future risks and opportunities. Only then, they can successfully adapt to the changing landscape and transform the way we create products, services and systems in and for the circular economy.
Businesses around the world face both existential risks and enormous opportunities from the climate crisis and circular economy transition.
However, developing circular solutions is much more than using 'sustainable materials’, and recycling. While the circular economy is just emerging, it already creates new material cycles, circular product designs, economic system couplings and circular business models every day. All over the world, the value creation architecture becomes more circular and less linear.
The decision, to force the Circular Economy, was made on government level already. Businesses will have to adapt. However, as an increasing part of the consumers is demanding a more sustainable world anyway, the most important prerequisit for a successful adaptation is already met: a growing market.
Chances for businesses
New marketsThe Circular Economy bases on a new approach of value creation and thus on the development of new circular business models markets. Adaptation to or even creation to the Circular Economy means to future-proof your business.
Customer relationsBusiness models in the Circular Economy base on intense customer relations. Based on that arises a better understanding of the customers needs, higher quality of offerings and a more targeted innovation - and thus a higher return per customer.
CollaborationsValue creation in the Circular Economy base on strong alliances. This also strenghtens the position of the individual partners in the value chain. At the same time, these sructures provide opportunities for new business models.
How we can help you
We help professionals to develop and implement well fitting circular strategies and solutions for their businesses.
What is your benefit?
Supported by circular expertise, professionals can develop robust and lasting solutions that will fit into the landscape of dynamically changing markets and regulations. Thus, professionals can confidently create and build on circular opportunities and secure future customers and markets.
Identify and create your circular opportunities
Business as usual is no longer an option - eventually all linear strategies will become lame ducks. At the same time, for the Circular Economy there is no such thing as off-the-shelf solutions (yet).
ecocircleconcept supports you to develop circular strategies to adapt to this situation. We provide tested and proven innovation processes to identify promising solution spaces. Within those solution spaces, together we develop the circular potential of your business. However, the Circular Economy is just emerging. That means, it is subject to constant change. To stay abreast of those changes, we integrate the possibility to adjust your solution to the dynamic of the markets.
That way you ensure to invest your time and your money in innovations which are robust and future-proof. Additionally, you stay flexible an can adapt your strategy quickly.
Circular Business Model Innovation
Circular business models strenghten your competiveness
The goal of the Circular Economy is to ensure social and economic benefit at minimal resource consumption. Circular Business models can help with that.
With an innovative business model architecture, value creation can be changed in a way that performance and revenues are decoupled from the consumption of fresh resources, wich can even lead to a stronger EBIT.
The urgent pressure to transition to a net-zero world might be a challenge - but it is also a chance to develop highly exciting new business models. As the markets are in immense transformation, this is also a rare chance for many businesses to cut themselves free from saturated markets, and reposition. We from ecocircleconcept support businesses in this exciting journey and love to help you to make the 'magic happen'.
Circular Product Design
The foundation for circular products
To prepare physical products for circular strategies and circular business models, we need to design them differently. We make them lasting longer, base them on resource-saving materials or enable remanufacturing or comfortable sharing & maintenance. Especially if businesses want to switch to circular business models, the physical products have to be specifically tailored. Remember, however, that circular product design is not your first step. Before you change your products, you first want to analyse your potential circular opportunities, identify your individual solution spaces and - in short - define your circular strategy. Otherwise, you might just develop the perfect saddle for a market with no need for horses.
Despite the expenditure, to the Circular Economy adapted products or assets can provide significant competitive benefits for companies. First, it provides a greater indepency on price- and resource risks. Second, it enables a more targeted addressing of customers needs.
This is an exciting journey, and ecocircleconcept is happy to support you with the development and the implementation of your circular products.