Developing a Social Business Model for Zero Waste Management Systems: A Case Study Analysis
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In this paper, a conceptualized waste management social business model for waste management systems based on a case study of two different organizations working in waste management system in low and high consuming cities is proposed.Abstract:
The global gross domestic product (GDP) has increased by 40% during 1960-2000; poverty and inequity have also increased over the same time [1]. Many social scientists and economists have indicted the existing monetary-based corporate social structures with their insignificant contribution to the problem solving and social development processes. Waste is one of the major problems in every city around the globe. This study explores policy instruments in existing profit maximizing business systems and proposes an alternative business approach for the zero waste management systems. The paper proposes a conceptualized social business model for waste management systems based on a case study of two different organizations working in waste management systems in low and high consuming cities. “Waste Concern”, on one hand, is a social business enterprise, promoting waste recycling activities through the community-based decentralized composting technology using public-private community partnerships model in a low consuming city i.e. Dhaka. “Finding Workable Solutions”, on the other hand, is a non-profit organization that rehabilitates and empowers disabled peoples in high consuming city, i. e. Adelaide by collecting and transforming sellable household waste. This paper argues that waste management social business would be an opportunity for the corporate world to implement the strategy of extended producer responsibility in more successful way. Under this business model, producers can contribute more significantly in the social development process, promote value creation, ensure product stewardship and equity within the society. In addition, the conceptualized waste management social business model will endorse closed-loop resource flow in the society and will maximize resource utilization through recycling, reusing and re-gifting in the circular society.read more
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