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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. This report outlines the key business benefits of circular economy strategies, and provides recommendations for how CEOs can enable successful circular economy initiatives.