New Business Models in the Circular Economy (5cr)

Code: ECO8HH101-3005

Basic information of implementation


Enrollment
29.11.2021 - 06.12.2021
Enrolment for the implementation has ended.
Timing
17.01.2022 - 20.05.2022
Implementation has ended.
ECTS Credits
5 cr
RDI portion
3 cr
Campus
Pasila Campus
Teaching languages
English
Seats
5 - 5
Degree programmes
GLOBBA Degree Programme in International Business
Teachers
Eeva Aarnio
Groups
3AMK
3AMK
EXCH
EXCH Exchange students
ONLINE
Online implementation
Course
ECO8HH101

Evaluation scale

H-5

Schedule

ORIENTATION PHASE 17.1.-21.2.2022
17.1.2022 at 13-16 Joint Orientation kick-off online
- objectives, teaming, ways of working etc.
- start of the “Introduction to Circular Economy key concepts & theories”-part
24.1.2022 at 13-16 Introduction to Circular Economy key concepts & theories
- Guidance
31.1.2022 at 13-16 Introduction to Circular Economy key concepts & theories
– Guidance continues
7.2.2022 at 13-16 Circular business Models and Business Model Canvas
14.2.2022 at 13-16 Introduction to Service Design

PROJECT PHASE 28.2.-16.5.2022
Project work in teams between the contact sessions

28.2.2022 at 13-16 Joint project kick-off
- design challenge introduction by Uhana Design
7.3.2022 at 13-16 Service Design tools & methods, Discover-phase start (Research)
- Desk research
- Field research incl. interviews & observations
- Data analysis

14.3.2022 at 13-16 Life Cycle Analysis (LCA)

21.3.2022 at 13-16 Circular BMC, Ecosystem Partner Identification
- Guidance to Life Cycle Analysis-work

28.3.2022 at 13-16 Service Design tools & methods
- Define-phase start: Personas, Customer Journey Maps, Service Blueprints
- Guidance to Life Cycle Analysis -work

4.4.2022 at 13-16 LCA task wrap-up & presentations

11.4.2022 at 13-16 Service Design tools & methods
- Develop-phase start: Ideation workshop, Concepting, Prototyping

9.5.2022 at 13-16 Service Design tools & methods,
- Deliver-phase start: Pitch rehearsals, Prototype / testing result introductions
- Pitching preparations

16.5.2022 at 13-16 Final seminar: pitching
- Circular Service Concept presentations

Implementation methods, demonstration and Work&Study

Blended learning, especially the flipped classroom approach, for the more theoretical parts. For the practical application action learning is engaged, which by definition includes a real problem that is important, critical, and usually complex. Students will work in a diverse problem-solving team. A real-life business challenge of a company related to the circular economy will be solved. Professional responsibility for the project from start to finish by students.

Modules 2 and 3, business models and service design, will be co-implemented having Circular Economy Boot Camps with joint contact sessions and same assignments. This will ensure both learning, teaching and working with the commissioning companies is smooth and effective. Modules 2 and 3 are taught together during 10 weeks, with one half-day workshop each week and an additional Boot Camp Day. Half of the workshops will be in Laurea and half in Haaga-Helia


Accreditation of prior learning is observed on the course according to separate instructions

Teaching methods and instruction

This course is a part of CIRCULAR ECONOMY FOR SUSTAINABLE GROWTH 15 ECT COURSE, which is provided by 3uas (Metropolia, Laurea and Haaga-Helia).

PLEASE ENROLL TO THE COURSE HERE: www.3amk.fi during 29.11.-12.12.2021

New Business Models in Circular Economy -course is part of 3UAS Circular Economy Learning path: Circular economy for sustainable growth 15 ECTS.
Students need to register for the whole 15 CR Learning path. This course cannot be chosen as stand-alone.

The learning path consists of three modules:
• Study module 1: Towards a Sustainable Consumer Society (5 cr) (Metropolia)
• Study module 2: New Business Models in Circular Economy (5 cr) (Haaga-Helia)
• Study module 3: Service Design for Circular Economy (5 cr) (Laurea)

Working life connections

The modules are undertaken as an assignment to a real-life company and executed in mixed multidisciplinary teams.

Assessment methods

Course evaluation H-5
1-2
Knowledge: The student can identify, list and combine the main issues related to circular economy.
Skills: The student can, when part of a team, contribute to tackling and developing circular economy solutions in an organisation. The student can conduct research to identify the elements of circular economy.
Competence: The student can only with difficulty apply problem identification, analysis and solving to circular economy. The student does not demonstrate aptitude or interest in developing circular economy solutions.

3-4
Knowledge: The student can describe the main issues related to circular economy and apply them to new contexts. The student can link the key theoretical concepts to the practical tasks. The student has an understanding of how circular economy contributes to organisational success.
Skills: The student can identify and create circular economy elements and business models in an organisation and implement them with some support.
Competence: The student shows moderate independence in his/her work. The student can apply problem identification, analysis and solving to circular economy to a certain extent. The student demonstrates some aptitude and interest in developing circular economy solutions.

5
Knowledge: The student can use and combine different theories to present his/her own suggestions and models. The student is aware of conflicting views on the topic. The student uses theory and specific terminology accurately.
The student has a clear understanding and appreciation of how circular economy contributes to organisational success.
Skills: The student can identify, create, implement and develop circular economy solutions and business models in an organisation independently or with only occasional support.
Competence: The student shows a great degree of independence in his/her work. The student can skillfully apply problem identification, analysis and solving to circular economy issues and projects to an extent. The student demonstrates great aptitude and interest in developing circular economy solutions.

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