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What goes around comes around.

What goes around comes around.

What goes around comes around.

Transforming your business model for sustainability is what Philips is doing by “unleashing” circular principles of reduce, reuse and recycle that have been at the heart of ISO 14000 EMS since its foundation. Whilst Philips has remained a leader in innovation over the years by investing >7% of sales revenue into R&D, its “circular approach” described in this article is not new, despite the claims. At 2Win we have spent years helping implement management systems and change, particularly in environmental management. Reduce, reuse and recycle are the underlying principles to the elimination of waste and it is where the re-manufacturing, refurbishment and recycling industries were born. This article shows that you can apply the same approach to management practices, as long as you give it a new name “circular principles”

http://www.theguardian.com/sustainable-business/how-philips-transforming-business-model

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