Sustainable Business Models & Circular Ecosystems
For society to thrive within the limits of our planet, business models should prevent environmental degradation and human exploitation. We investigate how businesses make the difficult transition towards sustainable business models and circular ecosystems.
What we offer
What value does business bring to society and who should benefit from their activities? To develop a sustainable business model, core aspects of the business might need to be reconsidered: successful strategies, long-standing partnerships, organisational structures, profitable activities, and routinized practices. These considerations requires companies to collect and report data on current social, environmental, and economic performance, for development of possible future scenarios. Strategically, such sustainable business models are not developed in isolation but through co-creation. By viewing their environment as an ecosystem, businesses can foster collaboration instead of competition and adopt circular resource systems. We investigate how these changes can be initiated, how resistance to change can be overcome, how benefits can be maintained in the long term, and how risks can be mitigated.
The requirement that businesses report on their sustainability impact often leads to an overhaul of their business model as well.
The BMO group brings a unique lens to existing theories on resource dependencies, institutional pressures, and stakeholder approaches, and contributes to the creation of new theories on inclusive business management and organisational change. These insights are translated into strategies for business managers to facilitate sustainability transitions.