About the tool
The Best Practice Exploration helps to find improvement opportunities for the Circular Value Chain Activity Cycle. It is therefore recommended having selected one Circular Value Chain Activity Cycle to focus on. For this activity cycle, it will now be explored what needs to be put in place to make the activity cycle a success.
How to apply the tool?
Step 1: Define the current and the desired future positions
Identify what the current situation is, and the space the new value chain wants to occupy.
Step 2: Brainstorm improvement opportunities
Guided by the axis of the grid, and the examples on the concept slides, generate as many improvement opportunities as you can for each of the 5 grids.
Step 3: Select the actions that will give the best results and with the most impact
Select – for example through a vote using stickies – the actions that would add key improvements to the Circular Value Chain Activity Cycle.
Step 4: Add the selected actions to the Best Practice Collection Sheet
You can find this on the sheet Best Practice Exploration – part 5. The purpose is to split the actions that can be taken on internally within your company, from those that will need the involvement of your stakeholders. Assign stakeholders to the actions.
Step 5: Add the stakeholder(s) responsible
For each external action consider which stakeholder(s) can take it on.
When to apply the tool?
The Best Practice Exploration should be used in the second phase of the process to help in defining what the new ecosystem will look like.
The Best Practice Exploration is one of the tools presented in the CIRCit project to support various circular value chain configurations, seeking innovation through stakeholder collaboration (WB6).
Read more about the results of this focus area, explore other tools which can help in Collaborating and Networking for a Circular Economy and download the inspiring workbook here.