At Davos this week, global leaders are talking about the pressing issues of the day. One of the most important is the strategic shift to a circular economy – something Dell sees as an opportunity for innovation, new market development and a more sustainable approach to the future. It is, therefore, both humbling and exciting to be included in the new book, The Circular Economy Handbook, released on January 20 during the World Economic Forum’s annual meeting.For those not familiar, there are a lot of models and theories on what the circular economy is. I prefer a simpler explanation that starts with its opposite: the linear economy.In a linear economy, manufacturers take resources, make products, and then consumers throw them away. It’s a one-way conveyor belt. In a circular economy, manufacturers reuse the resources they already have: products get recycled and they use the recycled material or other renewable resources to make new products. They also look for ways to create value without creating more stuff at all.So what is all the excitement about? The new handbook is a follow up to Waste to Wealth, also published by Accenture under Peter Lacy’s guidance back in 2015. It demonstrated that a shift to the circular economy had the potential to create $4.5 trillion in value by 2030 through the adoption of five key business models: circular supplies, resource recovery, product life extension, sharing platforms, and product-as-a-service.At that time (also during the World Economic Forum), Dell was awarded the inaugural Accenture Award for Circular Economy Pioneers. They recognized us for our work developing a closed-loop process for recycling plastics from old computers back into new ones. This was on top of our existing programs for recycling and using recycled-content materials, as well as finding innovative new materials for our packaging. We were engaging some of those circular business models, if even just in a basic way.Now, five years later, I am very proud that Dell is recognized multiple times within the handbook for our vision, our creativity in product circularity, our contributions to thought leadership and as a case study for the way we bring the power of multiple circular business models together.Maybe more exciting for me, however, is where the future can take us. Last fall, we set our most ambitious goals ever in this realm as part of our Progress Made Real Social Impact Plan for 2030. By 2030, for every product a customer buys, we will reuse or recycle an equivalent product. 100% of our packaging will be made from recycled or renewable material. More than half of our product content will be made from recycled or renewable material.Success will require ingenuity, further research and development, and continued strong partnerships with our customers, suppliers, academics and the nonprofit community.The payoff is worth it. The social and environmental pressures the world is facing are daunting, but as the authors make clear in The Circular Economy Handbook, circularity offers an alternative. It has the potential to give organizations a competitive advantage while helping society address those challenges in a positive way.The Circular Economy Handbook: Realizing the Circular Advantage is available at Amazon. Learn more about Dell’s approach to the circular economy here.
Cup holders Nigeria has all to play for to earn a slot in the finals of the U23 Africa Cup of Nations holding in Egypt in November, as they take the pitch at the Stephen Keshi Stadium, Asaba this evening trailing Sudan by a lone goal.A goal seconds to the end of the first half in Omdurman last Thursday left the Olympic Eagles nursing a deficit, and Head Coach Imama Amapakabo has said there would be no pulling punches from kick off on Tuesday.“We were unlucky to lose the first leg game, but there is no need crying over spilt milk. Tuesday is here and the battle must be won. We are the defending champions and we must be in Egypt to defend our title.” The Olympic Eagles have been training in Asaba since arriving in the Delta State capital on Sunday, and have been strengthened by the arrival of former FIFA U17 World Cup-winning captain Kelechi Nwakali.Nwakali will string things in midfield with captain Azubuike Okechukwu, with Blessing Muyiwa, Sunusi Ibrahim, Stephen Odey and Taiwo Awoniyi expected to do a better job of putting away opportunities this time.Goalkeeper Adamu Abubakar pulled a number of huge saves in Omdurman, and is expected to start, with former U17 World Cup winner John Lazarus and Ebube Duru at wing-back.As they file onto the pitch, Amapakabo’s charges will recall that it was on the same turf they hit Libya by four goals to nothing in the earlier round, after a two-goal reverse in Tunisia.The Confederation of African Football has appointed Guinean official Bangaly Konate as referee for the match, to be assisted by his compatriots Mamady Tere (assistant referee 1), Abdoulaye Sylla (assistant referee 2) and Tawel Younoussa Camara (fourth official). Mr. Luleseged Begashaw Asfaw from Ethiopia will be the match commissioner.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram