Alexander Mavrepis edited Transition Management Cycle.tex  almost 10 years ago

Commit id: ebc64137db775a0f0cff73b1f03fb4163ddcf513

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\textbf{Addressed barriers impeding the transition to a circular economy}  It was interesting to find out just why SMEs weren't getting more involved. Regulation and lack of customer demand inhibited interest, and as with any small business, time was flagged as a big problem. This shouldn't be considered a brush off. In small companies, the business owner would likely be responsible for leading the transition to a circular economy business model but for these people it's often a struggle to keep on top of the day to day tasks. Owners also admitted they weren't sure how to apply the concept to their work and worried that they might lack the creativity to develop a new business model. \cite{Guardian_2014} The concept of circular economy aims into turning the old waste sector into a resource industry. The benefits of such a transition from linear economy to the circular one are numerous. Nevertheless, the realization of this transition is a complicated issue requiring a number of actions to be taken from several actors in order to overcome the associated obstacles.   A list of actions towards a circular economy is given below:  \begin{enumerate}  \item Establish a clear and consistent strategy.  \item Create a coherent educational and research system.  \item Investigate the benefits and drawbacks of the existed legislation and reshape it in the direction of the new and desirable regime.  \item Provide with benefits the frontrunners of the new concept (e.g. subsides).  \item Create a promotion program and inform the publicextensively.  \item Investigate the cooperation possibilities with international actors.  \end{enumerate}  We need to be able to offer coaching and mentoring and help to finance their ideas. From these leaders we're already starting to see some new models developing. \cite{Guardian_2014}