TY - JOUR
T1 - Managing a Complex Global Circular Economy Business Model
T2 - Opportunities and Challenges
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.
KW - Circular economy
KW - Strategic management
KW - Innovation
KW - Product life cycle
KW - Brand management
KW - Competitive strategy
KW - Consumers
KW - Decision making
UR - https://www.scopus.com/inward/record.uri?eid=2-s2.0-85045628075&doi=10.1177%2f0008125618764692&partnerID=40&md5=d78df3004b2ca738230da744d31f80e8
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 -