Managing a Complex Global Circular Economy Business Model: Opportunities and Challenges

Peter Hopkinson, Markus Zils, Philip Hawkins, Stuart Roper

Research output: Contribution to journalArticle

12 Citations (Scopus)

Abstract

This article presents an in-depth case study detailing the history, experiences, and wider practitioner and policy lessons from a circular economy business model over a 30-year period, highlighting the successes, difficulties, and conflicts of adopting a circular economy model. The case is based on interviews, key documents, and customer insight. The findings demonstrate how sustained circular economy business practices can deliver significant new revenues, resource productivity, and business continuity benefits, but also require managers and practitioners to develop competencies and capabilities, such as balancing linear and circular systems, to address complex and highly dynamic factors, including rapid technological shifts and market volatility.
LanguageEnglish
Pages71-94
Number of pages24
JournalCalifornia Management Review
Volume60
Issue number3
Early online date12 Apr 2018
DOIs
Publication statusPublished - 1 May 2018

Fingerprint

Circular economy
Business model
Business continuity
Resource productivity
Market volatility
Revenue
Competency
Business practices
Managers
Dynamic factor

Cite this

Hopkinson, Peter ; Zils, Markus ; Hawkins, Philip ; Roper, Stuart. / Managing a Complex Global Circular Economy Business Model : Opportunities and Challenges. In: California Management Review. 2018 ; Vol. 60, No. 3. pp. 71-94.
@article{ee38edc1d4dc4648bfefd37fd60a8b1b,
title = "Managing a Complex Global Circular Economy Business Model: Opportunities and Challenges",
abstract = "This article presents an in-depth case study detailing the history, experiences, and wider practitioner and policy lessons from a circular economy business model over a 30-year period, highlighting the successes, difficulties, and conflicts of adopting a circular economy model. The case is based on interviews, key documents, and customer insight. The findings demonstrate how sustained circular economy business practices can deliver significant new revenues, resource productivity, and business continuity benefits, but also require managers and practitioners to develop competencies and capabilities, such as balancing linear and circular systems, to address complex and highly dynamic factors, including rapid technological shifts and market volatility.",
author = "Peter Hopkinson and Markus Zils and Philip Hawkins and Stuart Roper",
year = "2018",
month = "5",
day = "1",
doi = "10.1177/0008125618764692",
language = "English",
volume = "60",
pages = "71--94",
journal = "California Management Review",
issn = "0008-1256",
publisher = "Haas School of Business",
number = "3",

}

Managing a Complex Global Circular Economy Business Model : Opportunities and Challenges. / Hopkinson, Peter; Zils, Markus; Hawkins, Philip; Roper, Stuart.

In: California Management Review, Vol. 60, No. 3, 01.05.2018, p. 71-94.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Managing a Complex Global Circular Economy Business Model

T2 - California Management Review

AU - Hopkinson, Peter

AU - Zils, Markus

AU - Hawkins, Philip

AU - Roper, Stuart

PY - 2018/5/1

Y1 - 2018/5/1

N2 - This article presents an in-depth case study detailing the history, experiences, and wider practitioner and policy lessons from a circular economy business model over a 30-year period, highlighting the successes, difficulties, and conflicts of adopting a circular economy model. The case is based on interviews, key documents, and customer insight. The findings demonstrate how sustained circular economy business practices can deliver significant new revenues, resource productivity, and business continuity benefits, but also require managers and practitioners to develop competencies and capabilities, such as balancing linear and circular systems, to address complex and highly dynamic factors, including rapid technological shifts and market volatility.

AB - This article presents an in-depth case study detailing the history, experiences, and wider practitioner and policy lessons from a circular economy business model over a 30-year period, highlighting the successes, difficulties, and conflicts of adopting a circular economy model. The case is based on interviews, key documents, and customer insight. The findings demonstrate how sustained circular economy business practices can deliver significant new revenues, resource productivity, and business continuity benefits, but also require managers and practitioners to develop competencies and capabilities, such as balancing linear and circular systems, to address complex and highly dynamic factors, including rapid technological shifts and market volatility.

UR - http://journals.sagepub.com/home/cmr

U2 - 10.1177/0008125618764692

DO - 10.1177/0008125618764692

M3 - Article

VL - 60

SP - 71

EP - 94

JO - California Management Review

JF - California Management Review

SN - 0008-1256

IS - 3

ER -