Business Model Development Toolkit for Circular Innovation
This toolkit offers a set of exercises to identify inefficiencies, customer pain points, and circular business opportunities. It guides you through assessing and prioritizing circular business models, helping you select the most promising ones for further exploration. Explore reflections on inefficiencies, customer needs, and potential business models to develop value propositions for top opportunities. Dive into the toolkit to drive circular innovation in your company.
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Presentation Transcript
Introduction BUSINESS MODEL DEVELOPMENT TOOLKIT BUSINESS MODEL DEVELOPMENT TOOLKIT
INTRODUCTION Business model development toolkit Business model development toolkit The business model development toolkit consists of a set of exercises that support you in identifying inefficiencies and customer pain points, assessing relevance of circular business models, and prioritising them for development. Purpose Illustration of the tool By completing the exercises, you should have a high-level idea of the most promising circular business model(s) for your company. 1. Assess the current occurrence of the five inefficiencies of the linear model for your company (Reflection 1) Reflect on your customers and think about their key pain points (Reflection 2) Go through the circular business model sub-models, reflect on their current level of application in your company, and their potential (Reflection 3). List potential circular business opportunities based on the reflections you have made on the inefficiencies, customer pain points and circular business model potential, and concretise the value proposition and key value levers for top 3 opportunities (Exercise 1). Finally, select 1-2 opportunities to explore further and continue their evaluation with the value case tool and the business model canvas. 2. 3. Instructions 4. Chapter 1: Why circular economy? Chapter 2: What opportunities exist? Supporting materials 5. Inefficiency analysis Circular business models & sub-models Five inefficiencies in the linear model Illustrative playbook pages please refer to the entire chapter for support. 2
Tool BUSINESS MODEL DEVELOPMENT TOOLKIT BUSINESS MODEL DEVELOPMENT TOOLKIT
TOOL Business model development toolkit Business model development toolkit Access the business model development toolkit by double-clicking on the icon below. Tool 4
