Cambridge Judge Business School

Sustainability and Circular Economy

Cambridge Judge Business School

Environmental Social and Governance (ESG)

About Programme

The Circular Economy model requires firms in different sectors across the value chain to integrate disruptive technology and design business, and financial models that are based on longevity, renewability, reuse, repair, upgrade, refurbishment, serviceability, capacity sharing, and dematerialisation.

Organisations still need consider cost management and control and evaluate the financial impact.

Despite the importance and potential benefits of the Circular Economy, the private sector is yet to adopt this new approach at either the strategic or the operational level, for many different reasons. Why we think of sustainability as a vision, the Circular Economy can be considered as an operating model to enable this vision.

Designed to introduce participants to the inextricable relationship between Circular Economy and Sustainability.

It is important for companies to establish a comparative analysis between a traditional economic model and a circular business model. This programme is designed to link the Circular Economy business model to strategy, operations, value chain, finance, and innovation and technology. The blended format of the programme enables delegates to start building onto their Circular Economy knowledge, being exposed to terminology, interviews, case studies and scenarios, to support their learning that take place during their live sessions.

Programme Content

Four online micro-modules

The micro-modules have been designed to provide foundation and introductory knowledge to participants, enabling them to immerse themselves into the Circular Economy (CE) topic more efficiently during the face-to-face part of the programme.

Module 1: Circular Economy – macro, meso and micro perspective

Establishing an overview of the different economic, social, technological, environmental, and regulatory disruptions, necessitating the adoption of the CE model to achieve a sustainable outcome.
Establishing the importance of looking at different industries and sectors and the importance of the value chain in incorporating circularity.
Connecting CE to the economic, financial viability of business performance, as well as evaluating the impact on efficiency and productivity, in addition to Corporate Social Responsibility (CSR) and Environmental, Social and Corporate Governance (ESG) requirements.

Module 2: Circular Economy in business operation

The module will firstly provide an overview of supply chain management, exploring its challenges and identify frameworks that can be used to overcome them. You will then explore whether the frameworks developed for forward supply chains can be applied to reverse supply chains, and we will discuss some of the unique challenges that reverse supply chains face. In the second half of the module, you will gain knowledge in business disruption and adaptation in response to economic shifts. Further, explore the rising importance of circularity and sustainability as disruptive forces and learn how successful organisations navigate disruption and emerge as winners in evolving markets.

By the end of this module, you will be able to:

understand supply chain management fundamentals
enhance your ability to manage supply chain processes efficiently
navigate disruptions effectively and position your organisations for success in evolving markets

Module 3: Sustainable finance within Circular Economy

This session will outline the key principles of impact investing and its role in capital allocation decisions in achieving long-term sustainability objectives. We will start by looking at the key metrics in assessing financial returns and how we can relate them to ESG considerations.

By the end of this module, you will be able to understand:

the characteristics of sustainable finance
how impact investments are measured

Module 4: Digitalisation, technology and innovation for Circular Economy

In the first part of the module, you will explore the circular transformation and its alignment with information. You will dive into how digitalisation and the utilisation of intelligent assets empower businesses to embrace circularity, but also understand how to confront potential barriers and unintended consequences linked to digitalisation. In the second part of the module, you will explore digital innovation for the Circular Economy, uncover the intricacies of Business and Circular Economy Ecosystems, and decode the mechanisms driving value creation within these interconnected networks. This module provides a holistic view of circularity, digitalisation, ecosystem dynamics, and value creation, equipping participants to excel in today’s dynamic business landscape.

By the end of this module, you will be able to:

gain a holistic view of circularity, digitalisation, ecosystem dynamics, and value creation
identify and address potential barriers and unintended consequences associated with digitalisation efforts

Module 5: Starting up and scaling up – strategy development within Circular Economy

The module will allow the participants to see that you can build competitive advantage by putting circular economy and sustainability at the core of your strategy rather than having a “separate Circular and Sustainability Strategy”. The participants during the module will be revisiting the key underlying choices underpinning a great strategy through the lenses of Circular Economy and Sustainability.

You will understand:

what is our ‘winning ambition’?
where should we compete (and where not)?
how will we win where we choose to compete?
what capabilities need to be in place?
what support systems do we need to steer progress?

Programme Audience

Mid to senior-level executives who are interested in learning about the principles of the Circular Economy and its implications for their organisation.
Mid to senior-level managers aiming to achieve business sustainability through innovative solutions and advance their carer and lead an organisation, and seeking to understand how the concepts of circularity and sustainability can be integrated into business strategy.
Consultants, advisors, financial services executives, and government officials.

Programme Benefits

Benefits for you and your organisation
Learn how to apply the principles of circularity to your business.
Understand how can process innovation can facilitate and unleash cyclicality in your organisation.
Learn and assess the difference between a traditional economic model and the Circular Economic model in achieving sustainability goals.
Assess your organisation’s sustainable investments.
Learn and assess the difference between a traditional economic model and the Circular Economic model in achieving sustainability goals.
Learn how to build and nurture a Circular Economy culture within the organisation.
Access to post-programme strategy implementation support.

Testimonials

"The circular economy is considered as an important enabler to achieving sustainability outcomes and tends to help shape sustainability strategy. Understanding how the circular economy works and how it can be implemented is pivotal to the success of the sustainability vision and mission of companies, industries, sectors, and the economy at large."

Anonymous

"Thank you for a fantastic delivery of the Circular Economy programme. It was very informative and it certainly met my objectives and gave additional insight into impact investing and the financial case for a circular economy."

Anonymous

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Contact us for the further details

Speak with an Advisor

  1. Pedagogy (case method, experiential learning, coaching, simulations)
  2. Programme Objective

Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Cambridge Judge Business School

Executive Education Office

Olly Stephens
+44 (0)7523 266920
https://www.jbs.cam.ac.uk
Cambridge, UK

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Sustainability and Circular Economy | Cambridge Judge Business School