Business Transformation and the Circular Economy: A Candid Look at Risks and Rewards

The traditional linear economy is facing challenges in an era of resource constraints and environmental risks. Moving away from the “take, make, waste” linear model is a daunting business transformation, but top companies are turning to circular economy strategies that aim to keep resources in use for as long as possible so products, components, and materials maintain their highest utility and value. The result: cost savings, new revenue generation, and heightened engagement with customers and value chain partners. We provide examples of seven such companies, including Dell and Philips.