Post by account_disabled on Dec 19, 2023 9:22:23 GMT
Circular business models with its ecosystem partners. While we learn from the success of these companies, we also find that manufacturers' ambitious profit targets and environmental goals such as lowering greenhouse gas emissions, improving resource efficiency and reducing energy consumption are often not met. Pursuing value through circular business models Shifting from linear to circular business models is an ambitious undertaking that requires rethinking how organizations create, capture and deliver value. Value Creation. Manufacturers adopting a circular business model must integrate more deeply into their customers' operations, co-create value with partners, emphasize value in use rather than value in value transactions, and introduce new innovative services.
For example heavy equipment supplier Metso co-creates value with its customers by providing them with performance guarantees. About the author He is Professor of Entrepreneurship and Innovation at Luleå University of Technology and a researcher at the Innovation House at Stockholm School of Economics, Sweden. is Professor of Entrepreneurship and Innovation at Luleå University of Job Function Email List Technology and University of Vaasa, Finland. References and , Circular Business Model Transformation: A Roadmap for Existing Companies , California Management Review , Vol. (year month): . , Reimagining Capitalism in a War-torn World (New York: , ). Show all references Acknowledgments The authors would like to thank the Swedish Energy Agency for their financial support Tags.
Business Model Innovation Earth Day Environmental Sustainability Manufacturing Sustainable Business Practices Repost: More like this Upgrade to Strategic Data Sharing Promoting the Next Golden Age of Black Business How Professional Services Firms Can Avoid Upending the Sustainability Progress of Most Companies Stuck at a standstill You must be logged in to post a comment. First time here? Sign up for a free account: comment on articles and access more articles. Magazine Winter Issue Research Feature How Category Kings Become Commoners Innovative companies may succeed in opening new markets.
For example heavy equipment supplier Metso co-creates value with its customers by providing them with performance guarantees. About the author He is Professor of Entrepreneurship and Innovation at Luleå University of Technology and a researcher at the Innovation House at Stockholm School of Economics, Sweden. is Professor of Entrepreneurship and Innovation at Luleå University of Job Function Email List Technology and University of Vaasa, Finland. References and , Circular Business Model Transformation: A Roadmap for Existing Companies , California Management Review , Vol. (year month): . , Reimagining Capitalism in a War-torn World (New York: , ). Show all references Acknowledgments The authors would like to thank the Swedish Energy Agency for their financial support Tags.
Business Model Innovation Earth Day Environmental Sustainability Manufacturing Sustainable Business Practices Repost: More like this Upgrade to Strategic Data Sharing Promoting the Next Golden Age of Black Business How Professional Services Firms Can Avoid Upending the Sustainability Progress of Most Companies Stuck at a standstill You must be logged in to post a comment. First time here? Sign up for a free account: comment on articles and access more articles. Magazine Winter Issue Research Feature How Category Kings Become Commoners Innovative companies may succeed in opening new markets.