Circular Economy Business Model Configurator

Content

The Circular Economy Business Model Configurator is a planning and decision-support tool suited for the early stage of when manufacturing companies decide to develop or change their business models for Circular Economy. The beta version of the tool is available in Excel and comprises four modules:

· Module 1: identification of opportunities for designing new Circular Economy business models

· Module 2: transforming opportunities into ideas, which means combining different business model patterns and adapting them to make sense for the company’s context

· Module 3: configuration of complete circular economy business model concepts

· Module 4: preliminary assessments of the economic and resource decoupling potential of business models

How to apply

Recommended as support mainly for the facilitator of innovation processes or Circular Economy initiatives to access advanced recommendations and benchmark with best practices for discussing with the innovation team, to perform calculations for evaluating the resource decoupling or economic potential, and to structure and create an accounting of decisions taken during the process.

Detailed instructions about how to use the tool are provided in the Workbook 2 (see Activity 2) available at http://circitnord.com/.