Delivering sustainable business strategies through circular innovation
International training programme for companies in the energy industry
Timeline
Module 1: Wednesday, 20th October 2021 (10.00–14.30)
Module 2: Wednesday, 10th November 2021 (10.00–15.30)
Module 3: Wednesday, 24th November 2021 (10.00–16.00)
Module 4: Wednesday, 19th January 2022 (10.00–16.00)
Module 5: Wednesday, 2nd February 2022 (10.00–15.30)
Module 6: Wednesday, 16th February 2022 (14.00–16.30
Programme contents
Module 1: Introducing the concept of the circular economy and transformation of the business model within the energy sector
- Introducing the concept of the circular economy, circularity and sustainability
- Global trends affecting the energy sector (resource efficiency, digitalisation, changes in customer and consumer habits)
- Dynamics of the regulatory framework: EU Green Deal; CE Action Plan and their impact on the energy sector and large energy consumers
- Defining a concept of the industry value chain and the “Value Hill”
- Understanding circular business models (circular product design, optimal use, value recovery), their importance for the circular transformation and their risk profiles
- Establishing the connection between sustainability and circularity: from SDGs through sustainability strategy to circular innovation
Lecturers: Mag. Jurij Giacomelli, Mag. Karin Huber-Heim
Module 2: Exploiting the potential of the circular business model
- A comprehensive overview of the circular transformation journey for a company in the energy sector
- The understanding of the typology of circular business models (circular design, circular use and recovery)
- Development path of circular transformation and renewal of the business model
- Transforming a business model into a dynamic value chain to increase circularity: comparing, narrowing, and closing resource flow loops
- The CAS tool (what it is and how to apply it in a company setting)
- Improving the potential of business model circularity
- The understanding of the value chain in the context of circularity
- Approaches of the circular economy in the energy industries along the energy value chain (circular energy production, circularity fo the UI, symbiosis of industries)
Lecturers: Mag. Christiaan Kraaijenhagen, Ing. Mag. Werner Kössler
Module 3: Elaborating on opportunities, challenges and risks of a circular business model transformation
- Elaborating on opportunities, challenges and risks of a circular business model transformation for companies in the energy sector
- Understanding of digitisation and technologies, their limitations and impact on value creation within the circle for the energy sector - "Tech readiness" - digitisation in 4.0
- Presenting tools for internal and external business environment analysis (PEST4.0, stakeholder mapping)
- Redefining competitive advantage in the context of the circular transition
- Transformation, reporting and KPIs of the organisation - Circular Metrics
- Development of specific competencies
Lecturers: Mag. Jurij Giacomelli, Mag. Greta Monstavice
1st Mentorship
Module 4: Structure of redesign plan or pilot of a circular project
- Transformation project design: risk management and willingness to experiment
- Where to start? - How to identify breakthrough opportunities and needs
- Understanding linear and circular risks
- Structure of the project plan
- How to finance your business model transformation
- The peculiarities of financing circular business models – the relation between the business model typology and risk profiles
- Understanding linear and circular risks
- Financial analysis and financial management
- Available funding options for transforming business models (national, European)
- Financing circular business models and enabling further growth: approaching external financing opportunities
Lecturers: Dr. Slaven Mičković, Dr. Christoph Püntmann
Module 5: Implementing the circular project plan
- Leadership challenges
- Knowledge transfer within the organisation
- How to pitch – preparation
- Initial presentations of the circular transformation plan (project) and feedback from the experts
Lecturers: Mag. Jurij Giacomelli
2nd Mentorship
Module 6: Final Transformation plan (project) presentation and feedback
- Final presentations of innovative circular projects
- Feedback, discussion and synthesis
- Awarding of the »Circular Transformation Manager Certificate«
- Closing ceremony
![Why would anyone go on Erasmus exchange… to Bulgaria?](/f/pics/blog-en/13_blog-post.jpg)
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Why would anyone go on Erasmus exchange… to Bulgaria?
I’ll be completely honest: because I found the possibility of Erasmus exchange at the American University of Bulgaria (AUBG). This is an American university that offers programs accredited both in the USA and Bulgaria, which was e...