As per the reports, the circular economy is bound to replace the current linear model by 2029. This transition is not going to happen with flick, it is a process, and here is a suggested approach for moving through this transition.
1. 2Cs AND 15Rs APPROACH
For India’s Future
Development
IDEAL way to think about BUSINESS
MODELS, PROFESSIONAL WORK
ETHICS also PERSONAL DECISIONS?
2. CURRENT LINEAR MODEL
LARGE % ENDS IN
LANDFILLS THE AMOUNT
IS PILED UP
The Expected Change In Business and Processes
IDEAL CIRCULAR MODEL
MINIMAL % ENDS IN
LANDFILLS/ INCINERATORS
TRANSITION
3. 15 Rs?
What is this all about?
Circular Economy revolves around 12R
concept (counting from R0) . Why I am talking
about 15Rs?
In the next slide 12 Rs are mentioned that
SWM should consider on priority.
For other business models also this is the
same picture.
I wanted to analyse the reasons about why
there is no successful implementation of the
circular economy in India.
5. 12Rs
CORE CIRCULAR ECONOMY
PRINCIPLES THAT WILL EVOLVE
EVERY BUSINESS MODEL
(NOT ONLY SOLID WASTE
MANAGEMENT)
Circular economy principles are ideal but according
to me we also need to focus on the transition
phase from linear model to circular model.
Having practiced linear economy for so many years
we need to sharpen our thought process and then
we can talk about missing Rs.
If circular economy to integrate in every business
model we need to work on missing Rs starting from
personal to professional and then to business.
6. Starting from personal
choices to professional
decisions and business
models.
RECONSIDER
EVERYTHING
02
Learning from past mistakes
and moving ahead with the
responsibility on the shoulder
is the key to strong adherence
REALISE
03
Vision
SUSTAINABLE GOALS AND
SAFE FUTURE FOR
GENERATIONS TO COME
LONG TERM PLANS WITH
SHORT TERM GOALS!
We need to focus on
recognising the current
problems, situation we
can improve.
RECOGNISE
01
7. Process Steps
It is important to go through this
and move ahead with the
structured plan.
Take a break consider the priorities and start recognising the
problems. Think about how we can change current situation.
Thinking about where we are and where we want to be.
01
Consider pain points, possible solutions, path to achieve success.
Write down the points (irrespective of the business model you have)02
Find out the business models which are compatible.
Search Learn try to connect everything together03
Search a lot share ideas with team members .
Internet helps a lot!04
Statistics show circular economy is going to penetrate in Indian
business model. So for the next period …everything is circular
Come up with the Linear-----to circular model05
8. Did I Forget 2Cs!
Even if we combine 12Rs of
Circular Economy Principles
and 3Rs from INDUSTRY 5.0
there is still something
missing! Any Idea?
AWARENESS
01
STAKEHOLDER
CONTRIBUTION
03
ENGAGEMENT
02
Population is aware
about the problems in
economy, environment,
planet SDGS
X%
9. The 2Cs
COMMUNICATION COLLABORATION
The missing Cs are the gaps in the current linear business model. “WE” should consider to think about
making change together. Effective communications will help businesses find the solutions that are
already present in the market but are working in SILOS. Effective collaboration will lead us to common
goal at single pace and make use of existing infrastructure/ technologies/ and grow together
10. 2Cs AND 15Rs APPROACH
HOPE YOU LIKE IT.
I WILL AWAIT YOUR FEEDBACK!
THANK YOU!