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
Blog
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Erasmus and the coronavirus
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