Creating Value in the Circular Economy
Embark on your sustainable transformation with circular business models
In a world dominated by traditional linear value chains, the ‘take, make, waste’ approach is reaching its limitations. Dwindling resources, fragile supply chains, and increasing regulatory pressure underscore the imperative for a shift towards a circular, sustainable business future. However, many businesses struggle to unlock the economic value of circularity and its potential for realizing environmental and business impact simultaneously.
IMD’s Creating Value in the Circular Economy program translates the theoretical promise of the circular economy into tangible and actionable business opportunities. You will learn how to leverage circular principles to create a more resilient, regenerative, and competitive business model. The program goes beyond theory, delving into practical aspects such as organizational design, technology utilization, and the critical role of ecosystem thinking in implementing circular business models. From rethinking the notion of waste to preserving material value, you will explore circular innovation opportunities across your entire value chain.
Throughout the program, you will apply your insights to practical assignments, worksheets, and an implementation project, ensuring that you are equipped with the knowledge and tools to drive sustainable transformation within your organization.
Embark on a comprehensive journey, combining interactive group discussions, case studies, and practical assignments for a holistic learning experience, all designed for maximum impact on your professional growth.
LiVe virtual and online
Starts two weeks prior to on-campus module
- Embark on your learning journey.
- Master the fundamentals of the circular economy.
- Understand your emerging future context and how to identify signals for change.
- Start your individual project by assessing linear inefficiencies within your organization.
On campus, 2.5 days
- Formulate a compelling circular vision using the Future Back method.
- Explore the five archetypes of circular business and discover how to identify circular business opportunities.
- Delve into case examples that introduce you to the business model archetypes and demonstrate the viability of sustainable and prosperous business models.
- Evaluate your circular opportunities using the Three Horizons framework.
LiVe virtual and online
Starts one week after on-campus module
- Learn how to manage your circular business transformation across three horizons.
- Develop an actionable implementation plan, from evaluating readiness to fostering an innovation culture.
- Discover how to identify and leverage key enablers for the success of your circular transition.
- Understand the pivotal role of your ecosystem and learn how to build a community of support.
Detailed schedule 2024
Module 1 Principles of the circular economy |
| 4 hours of liVe engagement with additional online interaction and assignments |
Module 2 Circular business models | 11 - 13 September Start time: 11 Sept., 1:00 PM End time: 13 Sept., 5:00 PM | 2.5 days on campus |
Module 3 Implement and manage your circular business transformation |
| 6 hours of liVe engagement with additional self-paced work on individual project |
Length: 2.5 days on campus, 10 hours liVe virtual, 5 hours online.
