Course overview
Circular Business Transformation
This detailed course will introduce you to advanced and critical CE concepts, such as systems thinking, life cycle approaches and application of CE business models. We have also included a summary of the new ISO Standards on CE to ensure you are familiar with these and ready to activate CE within your business.
Understand the key science that underpins the circular economy, get up to speed with critical circular concepts, and review circular business models that can help inform your own circular redesign strategy.
Curriculum
What’s inside this course
This course offers a detailed exploration of key concepts and approaches related to the transition to a circular economy for businesses designed for people working in different facets of the economy.
- Explain the different circular economy business models and how they can be applied to business
- Identify how sustainable and circular design strategies can enable circular products and services
- Understand what redesigning products and services for the circular economy is about
- Know about life cycle thinking and how it helps design circular products
- Complete a circular redesign process
- Understand the Circular Economy ISO Standards
- Circular business thinking
- Key factors for business
- Circular business transformation
- Systems thinking in business
- Circular systems thinking
- Circular systems design
- Circular thinking
- Systems thinking
- Thinking through CE business models
- CE business approach questions
- Circular business models summary
- Circular economy transformation plan
- Circular SWOT activity
- Circular business models
- Circular economy business hierarchy
- Circular economy business hierarchy exploration
- Product as service models (PSS)
- PSS model mapping
- Product as service models
- Industrial symbiosis
- Sustainable design
- Circular design overview
- Industry specific CE quick tips
- Circular design tips
- Circular design approaches
- Circular design
- Digital product passports
- Life cycle assessment (LCA)
- Life cycle thinking (LCT)
- Life cycle stages
- Key ingredients to life cycle approaches
- Functional units: goal & scope
- Life cycle thinking & mapping
- Inputs and outputs
- Product life cycle mapping
- Environmental product declarations
- Online life cycle tools
- Circular economy redesign
- Circular redesign process
- The 6 step redesign process overview
- Step 1: Functional assessment
- Step 2: Life cycle map
- Step 3: Explore CE options
- Step 4: Circular redesign
- Step 5: Circular service journey
- Step 6: Circular business model design
- ISO 59000 CE series of standards
- ISO & circular economy maturation
- IOS & connected standards
- ISO universal aspects
- ISO 59004: Circular economy vocabulary
- Key principles
- Guidance on resource management
- Enactment and vision
- Implementation model
- Develop an action plan
- ISO 59010: Circular economy guidance on the transition of business models and value networks
- Strategy and framework
- Value creation
- Circularity performance indicators
- Determining a CE strategy
- Design for circularity
- ISO 59020: Circular economy measuring and assessing circularity performance
- System levels
- Stages
- Measurement process
- Key concepts
Pricing
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What you get
- Apply CE business models
- Redesign products and services
- Understand the ISO CE Standards