| Title | Strategies to Implement Circular Economy Practices: A Fuzzy DEMATEL Approach |
|---|---|
| ID_Doc | 373 |
| Authors | Khan, S; Haleem, A |
| Title | Strategies to Implement Circular Economy Practices: A Fuzzy DEMATEL Approach |
| Year | 2020 |
| Published | Journal Of Industrial Integration And Management-Innovation And Entrepreneurship, 5, 2 |
| Abstract | There is a growing concern among consumers for preserving the environment without compromising the current lifestyle. In this context, organizations are looking for a sustainable business model that can fulfil their business objectives effectively. The concept of the circular economy is emerging as a solution that can help the minimization of the ill effect of industrialization. The circular economy is efficiently adopted and implemented through circular practices. However, the adoption of circular economy practices is not easy for the industries, and it requires a comprehensive strategy. Therefore, this study aims to identify and evaluate the key strategies to accomplish circular economy practices in the present-day context. In order to fulfil the research objective, this study identified 11 significant strategies that are needed for the adoption of circular economy practices. These strategies are identified using an integrated approach of the literature review and focus group discussion with experts. Further, these key strategies are evaluated using the fuzzy DEMATEL and developed a causal relationship among the strategies. The five strategies, while effect group contain the six strategies. The finding suggests that "management involvement, support and commitment" and "creating a vision and goals for circular economy" are prominent strategies. This study will facilitate the managers to make the action plan for implementing the circular practices in order to shift towards the circular economy. |
Similar Articles
| ID | Score | Article |
|---|---|---|
326
|
Mandal, MC; Mondal, N; Ray, A Analyzing the Enablers of Circular Economy: A Sustainable Manufacturing Perspective(2024) | |
| 417
|
Barros, MV; Salvador, R; do Prado, GF; de Francisco, AC; Piekarski, CM Circular economy as a driver to sustainable businesses(2021) | |
| 233
|
Khan, S; Haleem, A Investigation of circular economy practices in the context of emerging economies: a CoCoSo approach(2021)International Journal Of Sustainable Engineering, 14, 3 | |
| 410
|
Maqbool, A; Khan, S; Haleem, A; Khan, MI Investigation of Drivers Towards Adoption of Circular Economy: A DEMATEL Approach(2020) | |
| 231
|
Rugine, H; Ziliene, R Towards A New Framework Of Circular Economy(2024)Entrepreneurship And Sustainability Issues, 11, 3 | |
| 3625
|
Silva, PM; Santos, JF; Torres, AF Does the adoption of circular economy principles impact the value proposition and performance of companies? Effects on the origin and sector of activity of the companies(2024)International Journal Of Innovation And Sustainable Development, 18, 3 | |
| 385
|
Urbinati, A; Ünal, E; Chiaroni, D Framing the Managerial Practices for Circular Economy Business Models: A Case Study Analysis(2018) | |
| 4813
|
Bansal, S; Jain, M; Garg, I; Srivastava, M Attaining circular economy through business sustainability approach: An integrative review and research agenda(2022)Journal Of Public Affairs, 22, 1 | |
| 173
|
Pichlak, M Circular Economy - A Conceptual Model(2018) | |
| 3777
|
Khan, SAR; Shah, ASA; Yu, Z; Tanveer, M A systematic literature review on circular economy practices: challenges, opportunities and future trends(2022)Journal Of Entrepreneurship In Emerging Economies, 14, 5 |