Circular Business Model is a way of creating and retaining value by keeping products, components and materials in use for longer.
What it means in a workplace context
Furniture models may include leasing, maintenance, repair, refurbishment, resale, take-back and data services.
Why it matters
Circular outcomes depend on responsibility and commercial routes after delivery, not only product claims.
Questions to ask
- What decision or requirement does Circular Business Model support?
- Which evidence or record is required?
- Who owns the information and keeps it current?
- How does it affect furniture selection, service or future change?
Applying the concept
When Circular Business Model is used in a circularity objective, connect it to a physical product, a lifecycle event, evidence and an accountable owner. Avoid using the term as a broad claim without an operational route.
Related Myntwork resources
Using the term in furniture management
Furniture management can make Circular Business Model easier to apply by linking products, locations, documents, service actions and lifecycle events. The level of detail should be proportionate to product value, operational risk and the decisions the organisation needs to make.
Review records after a move, repair, refurbishment or reporting cycle. Correct outdated locations, duplicate values and unsupported claims so future users can rely on the information.
