The Value Hill framework gives us insight in how to keep on building our business model for the circular economy: extracting maximal value of our modular long lasting product and insight in collaborations we need to engage in to succeed
Miquel Ballester, Operator Relations Fairphone
The first step is to position your current business model and product design on the Value Hill: What categories does it belong? What activities are closest to your current business activities?
The second step is to position your current value chain partners on the Value Hill: What relationships already exist?
What relationships, collaborations or activities are needed to increase circularity in your value network?
What business model and partners are relevant for your future strategy? What is the impact of that? Look at the Appendix A for a list of possible business models, to be inspired. An illustration of Fairphone transitioning to a more circular business strategy through the four steps is given below.