{ "docId": "019dd923-5de0-76bd-a164-76fab4238fee", "docSlug": "2eae5639f4d06421", "documentTitle": "Circular Transformation of Industries (with Bain)", "authorId": "WEF", "authorName": "Bain", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "academic_think_tank", "sourceTypeLabel": "Academic / think tank", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.707, "pageNumber": 11, "pageCount": 17, "prevPage": 10, "nextPage": 12, "slideType": "key_messages", "function": "summarize", "density": "overcrowded", "nDataPoints": 3, "notes": "The slide uses a three-column layout structure to address three distinct strategic questions regarding circular economy implementation.", "elementsJson": [ "paragraph", "callout_box" ], "metadataConfidence": 0.95, "imagePath": null, "slideHref": "/slides/019dd923-5de0-76bd-a164-76fab4238fee/11", "deckHref": "/decks/019dd923-5de0-76bd-a164-76fab4238fee", "deckJsonHref": "/decks/019dd923-5de0-76bd-a164-76fab4238fee.json", "deckAnchorHref": "/decks/019dd923-5de0-76bd-a164-76fab4238fee#slide-11", "components": [ { "bbox": { "h": 0.12, "w": 0.17, "x": 0.05, "y": 0.44 }, "kind": "callout", "text": "To continue to meet demand, organizations will need to retool and invest in procurement, manufacturing and sales, both for circular and traditional products.", "attrs": null, "subkind": "primary", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "51740ec0-bafc-43ed-90b6-44fde0e00df1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.36, "x": 0.6, "y": 0.16 }, "kind": "paragraph", "text": "economic and sustainability ambitions. To continue to meet demand, organizations will need to retool and invest in procurement, manufacturing and sales, both for circular and traditional products. Volvo, for example, has designed a process in which worn-out products from its trucks are sent to be remanufactured; this business is quickly scaling and is run in parallel with the company's new-truck sales. In addition to being less expensive and more reliable, remanufactured truck parts reduce material use by 85% and energy use by 80%.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "03e17618-d6db-4f9a-9e98-6fa13c4631b9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.73, "x": 0.23, "y": 0.04 }, "kind": "paragraph", "text": "How does this journey begin? The first step is asking the right questions. The circular transformation of industries calls for a mindset shift in organizations, partnerships and governments. Forward-looking leadership teams are advised to focus on several key questions.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1601bb74-fed4-4477-baa3-fc34b6ac17ac", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.35, "x": 0.23, "y": 0.68 }, "kind": "paragraph", "text": "Public- and private-sector incentives can help increase the number and scale of interconnected supply chains. This challenge is most apparent in the plastic value chain, where some companies do not have enough feedstock to meet their recycled PET (the most commonly used plastic material in packaging) targets, and there is a need for supportive government policies and standards on food-grade plastics to scale their efforts. Governments should therefore continue building on existing policy frameworks and strategies to promote a circular ecosystem while exploring bolder opportunities to reward first movers and bring laggards up to the new expectations. They can increase circular initiatives at a regional (CEAP), national (Dutch economic goals) and sector (Intergovernmental Negotiating Committee [INC] on Plastic Pollution) level by encouraging organizations", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1b00ca5b-1be0-47b3-b048-823c6449234e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.36, "x": 0.6, "y": 0.4 }, "kind": "paragraph", "text": "Interconnected supply-chain networks are also critical in establishing a pre-competitive agenda for systemic benefits. To build a network of linked value chains and self-sustaining ecosystems, industry coalitions need to understand the economic foundations that support circular models at scale. This requires promoting new standards and certifications, developing circular-focused capabilities within their own companies and among suppliers and consumers, and supporting new policy frameworks. Coalitions of companies can define the \"rules of the game\", creating an ecosystem with standardized industry metrics - and lean on governments to integrate swift policies that support the need to implement circular practices.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "44caebef-6296-4b61-90eb-9e5ebc766673", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.36, "x": 0.6, "y": 0.68 }, "kind": "paragraph", "text": "to make collective commitments. Leaders are starting to create demand for circular products; the Rwandan Government shifted its federal procurement (estimated at 15% of 2017 GDP) to increase the share of circular products procured, thereby stimulating the local circular ecosystem. Governments must encourage companies to account for the negative impact they generate on the environment and take responsibility for their inputs, outputs and practices. The EU has led the way with its EPR programmes, requiring manufacturers to manage their products all the way through the post-consumer stage, shifting the financial and operational responsibility from governments and consumers to businesses. Similar frameworks are being implemented around the world (including in the US, China and Kenya) but need to be expanded and aligned across regions and materials to maximize their impact.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7258ee13-95d3-4b32-930d-925c54aba1c1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.35, "x": 0.23, "y": 0.16 }, "kind": "paragraph", "text": "Successful leaders start the circular journey by looking inward and designing a profitable circular business model and transforming operations accordingly and at scale. Management teams can pursue step-by-step change towards a full-scale transformation once they have a clear understanding of how new business models can create additional sources of value, reduce total material usage, improve resilience and generate measurable growth.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a07e3f25-c824-4036-aca1-5b5c222ece11", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.35, "x": 0.23, "y": 0.4 }, "kind": "paragraph", "text": "To achieve their ambitions, leadership teams can learn from others in the industry and join forces to implement broader, far-reaching change. Each organization is one element in a universe of supply-chain interdependencies. By banding together, companies can create a new fabric of interconnected value chains, allowing circularity leaders to start reimagining their products and how they interact with other value chains. The next step is rethinking innovation and product development, ensuring that circular models are core to every product's DNA. For example, start-up Risacca transforms old fishing nets into fabric, chairs, covers and buttons, creating jobs, designing innovative products and reducing pollution in one of Italy's busiest fishing centres.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "de86dca3-96bd-425e-9a1c-0da3fe7604b6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.73, "x": 0.23, "y": 0.63 }, "kind": "title", "text": "How can we achieve systems-wide change that dramatically increases the number of interconnected circular supply chains?", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "095e9919-6370-4d9b-b379-635456de94b0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.73, "x": 0.23, "y": 0.1 }, "kind": "title", "text": "What are the most effective and profitable circular models to support our growth and sustainability efforts and navigate global disruptions?", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "11e2f75f-874c-4adb-981b-d4eaa8a15fc4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.73, "x": 0.23, "y": 0.35 }, "kind": "title", "text": "How can my organization build a network of interconnected supply chains to enable new circular models?", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "577ec3ca-c595-424e-a3ea-1ff5f1bcba23", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "dc6089f1-3a9e-4400-85c8-364cef34abeb", "evidence": "This slide mentions specific questions that organizations may ask themselves.", "confidence": 0.5 } ], "frameworks": [], "arcBeats": [ { "to": 14, "from": 10, "beatId": "a946cdf3-07a0-4528-b377-950ac2b09294", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document presents potential solutions, including reimagining businesses, building coalitions, and collaborating across the public and private sectors.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [ { "to": 14, "from": 10, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "0a3db33c-9909-48ab-8a75-8d3254e454af", "evidence": "The document presents a clear and compelling case for circular transformation, using the golden circle framework.", "position": 1, "objective": "Why is circular transformation necessary?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }