We are at a turning point; the Industrial Revolution bought new ideas, products and growth based on seemingly infinite resources. This enabled technological progress as we had never seen before. Today, that linear system of take-make-dispose is no longer fit for purpose. We now need to build an economy for the future. The Circular Economy is a new paradigm of industrial organisation.
A circular economy model requires firms across the value chain to integrate disruptive technologies as well as design new business models. They must embrace new concepts around longevity, renewability, reuse, repair, upgrade, refurbishment, servitisation and capacity sharing.
Organisations must still consider cost management and evaluate the financial impact. But they must do so by rethinking products and services; designing value propositions with increased efficiency and performance. Approaches such as frugal innovation, doing more with less, need to be considered if the economy is to grow whilst preserving resources.
This intensive two-day programme will provide business leaders with the grounding required to understand these principles, consider their application and explore opportunities from this approach.
Drawing on cutting-edge academic research from the Circular Economy Centre (CEC) based within Cambridge Judge Business School, Dr Khal Soufani, Director of the CEC, will lead this two-day programme.
The University of Cambridge has always emphasised smaller class sizes for maximum interaction and focused effort between world-class faculty and top quality-participants. We have class sizes of no more than 25. This makes your experience here one of quality, relevance and impact.
The Circular Economy Centre (CEC)
Located within CJBS, the Circular Economy Centre is one of the 16 research centres based at the School combining academic vigour alongside practitioner engagement. The Centre’s research focuses on Circular Economy concepts and business models, as well as the policy and business contexts in which they operate. The CEC aims to achieve impact via deep engagement with organisations and their management challenges.
Learn more about the Circular Economy Centre
- Principles of Circular Economy model versus traditional linear business/economic models
- The case for adopting a Circular Economic model
- Product, process and supply chain innovation and management
- Frugal Innovation as an enabler for circularity
- Impact investing and sustainable finance including Green bonds.
The programme includes the following case studies:
- IoT (the Internet of Things) as an enabler for circularity
- Circular Economy, the plastic challenge and opportunity
- Circularity in healthcare
- Circularity and the construction industry
- How to consider circularity for your supply chain
- Circularity by design.