Circular Advantage Program: Business Information Session 2
Event description
The Australian Circular Economy Hub and Circular Economy Victoria are hosting a series of information sessions for the upcoming 2021 cohort of the Circular Advantage Program.
Join us online for one of two information sessions to learn how the Circular Advantage Program can add value to your business.
Session 2: 24 June 2021, 10am
Circular Economy
The circular economy is not about recycling, nor is it about waste management. The circular economy is a new economic development paradigm that focuses on profitably optimizing resource usage in order to reduce waste management costs and infuse more resilience into an economy.
Applied strategy in the circular economy guides companies in cost reduction and innovation around this resource optimisation lens. This is why nations and companies all around the world are enthusiastic about the circular economy – when planned properly, it produces enhanced corporate profits while also delivering more sustainable outcomes. It is indeed possible for “green” to be “gold”!
Program Information
The Circular Advantage Program is a unique circular economy corporate strategy training program.
The program is an 18-module online, applied executive education program that guides corporate leaders step by step through the development of circular economy strategies. It does this through leading edge content, dynamic collaborative learning models and an online platform that is perfect for busy professionals that want to acquire skills that are relevant for personal and organizational success.
The program will run between 5 July and 3 December 2021.
Program Structure
Phase 1: Preparing for Success
The first three modules help participants to understand the essence of circular economy strategy and how this strategic approach aligns with emerging trends. Module 3 ensures that participants are prepared to succeed by showing them how to extract maximum value from the program.
Phase 2: Resource Kaizen
In phase 2, the applied work begins. Participants are led through several exercises designed to identify opportunities for improvement in resource usage & selection, process management and performance management. By the end of module 6, each participant is expected to have identified 9 profitable circular economy opportunities for their respective organizations.
Phase 3 and 4: Strategic Alignment and Design Thinking
In the middle phases, the program shifts focus to the strategic side of CE planning. After learning how to align corporate systems and incentivization for CE strategy development, participants are led through a series of design thinking activities aimed at helping enhance existing products & services, identifying new and profitable products & services and identifying new avenues for collaborative business development. Emerging from Phases 3 and 4 participants will have created at least 6 new innovations to add to the 9 initiatives identified in the first part of the program.
Phase 5: Roadmap Development
In the final phase, participants will be working on project plans to prioritize and implement 15 profitable circular economy
initiatives for their businesses. To conclude the program, participants will present their CE strategies to an awards panel.
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