Circular economy transition journey

Circular economy transition journey

The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. In practice, it implies reducing waste to a minimum. When a product reaches the end of its life, its materials are kept within the economy as longer possible by creating further value. This is a departure from the traditional, linear economic model, which is based on a take-make-consume-throw away pattern. This model relies on large quantities of cheap, easily accessible materials and energy (European Parliament, 2022).

ideopsis recycling circular economy

Providing business coaching and skills development services (through workshops, meetings, events, training programs) ideopsis Ltd is providing a clear business journey of business change and innovation culture for green businesses and their human resources. These services aim to strengthen the competitiveness of businesses by providing structured support, training and guidance, in order to make it easier to transition their business models to circular ones, or to develop their existing circular products or services, with an emphasis on maintaining and minimizing consumption resources.

The business coaching for circular journey – developed by ideopsis Ltd – includes several steps. Specific tools have been developed by ideopsis Ltd to support the circular journey of companies.