Building a business case for ecodesign implementation: a system dynamics approach

Vinícius Rodrigues, Daniela Pigosso, Tim C. McAloone

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

4 Citations (Scopus)

Abstract

Several potential business benefits obtained from ecodesign are consistently reported by academic studies and companies. These benefits comprise increased innovation potential, development of new markets and business models, reduction in risks and costs, improvement of organizational brand, among others. However, there are still significant challenges for adopting ecodesign, specially concerning the capture and measurement of the expected business benefits. To address such gap, this paper proposesan exploratory concept of a simulation-based business case for ecodesign implementation, grounded ona System Dynamics approach. The study builds upon the Ecodesign Maturity Model (EcoM2) and the related capabilities of ecodesign managements practices, offering an integrative outlook into how ecodesign capability building can potentially affect corporate performance outcomes over time. Preliminary results point towards the potential for managers and key organizational decision-makers touse the business case simulator to assessing ecodesign benefits and testing multiple implementation scenarios (e.g. what-if questions).
Original languageEnglish
Title of host publicationProceedings of the 21st International Conference on Engineering Design (ICED 17) Vol 1
Subtitle of host publicationResource Sensitive Design, Design Research Applications and Case Studies
EditorsAnja Maier, Stanko Škec, Harrison Kim, Michael Kokkolaras, Josef Oehmen, Georges Fadel, Filippo Salustri, Mike Van der Loos
Place of PublicationGlasgow
Pages179-188
Number of pages10
Publication statusPublished - 25 Aug 2017
Event21st International Conference on Engineering Design (ICED17) - The University of British Columbia, Vancouver, BC, Canada., Vancouver, Canada
Duration: 21 Aug 201725 Aug 2017
Conference number: 21
http://iced17.org/

Conference

Conference21st International Conference on Engineering Design (ICED17)
Abbreviated titleICED17
Country/TerritoryCanada
CityVancouver
Period21/08/1725/08/17
Internet address

Keywords

  • ecodesign
  • sustainability
  • business case
  • system dynamics
  • simulation

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