Reducing resource extraction and designing new strategies with the circular economy;
· Mineral-based specialist case study ·
Evaluating priorities with collective intelligence
Global resource extraction is expected to grow to 82 billion tonnes in 2020. Circular economy implies that waste will itself become a resource so we extract less and do it smarter.
Hence, companies at the very begining of the value chains working on extraction and transformation are directly impacted. Facing it, companies can either keep looking for virgin soils and subsoils to maintain the statuquo, or evolve their core business to build new values among the chain.
With biodiversity loss, emerging regulations on circular economy and change among its final users, this mineral-based specialist decided to seize the opportunities of the circular economy and design new strategies.
Design tools and methods
To make the change comes true on the long-term, the company chose a team-focus approach for the teams to be proactive. To design this iterative and collaborative methods, we explored the current threats and opportunities for its main activities and designed a first set of tools and workshops.
Test and improving the methods
Once the tools and workshops ready, practice sessions with the client’s datas and teams enabled to test and improve it.
Furthermore, the sessions made the teams aware of the circular economy opportunities and of their industry main issues to solve.
Training and transfering the knowledge and tools
The tools and workshops designed were transfered to reffering person in different Business Units. The teams can now analyse and monitor the macro-environmental factors that have an impact on their organisation, to design new strategies with the circular economy.
This company leader in mineral-based raw materials can now seize the opportunities of the circular economy and be sustainable by its own work.