24.11.2020 Views

board boekje web pages

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

101

The generic approach consists of five steps:

• Assessment of the current situation: expert judgement and

documentation offers insights into the current status of the

issue at stake.

• Identification of innovative options: scientists, innovative

technology providers and representatives of an issue at stake

are asked in a brainstorming session and/or individually to

generate and select innovative solutions based on the latest

science and technology. Understanding which ambitious

options are technologically and economically feasible leads to

the next step.

• Market consultation: potential lead actors are asked whether

they are willing to invest in one of the ambitious options

identified.

• Selection of the investor(s). Once market players have expressed

interest, a third party is involved to independently

assess, in a process of due diligence, the best candidate(s).

• Creation of a consortium: which preconditions should be

fulfilled to develop a viable business case is discussed with the

selected investor(s). Only partners that can help realise these

preconditions are asked to join the consortium. The partners

should agree on a plan of action, including timelines, roles,

responsibilities and an investment scheme. After partners

commit, the initiative can start and the transition broker can

withdraw (though should keep in touch should the process

stagnates).

The second strategy, on circular procurement, encouraged procurement

managers to incorporate circularity in their procurement

policies and practices. After mobilising the Board’s network to

participate in the strategy, three communities of practice were

successively set up. They comprised a total of 31 representatives

of local governments, businesses, universities and educational

institutes. Their motivations to join the community differed, but

all shared two major incentives: improving the reputation of

their organisation and anticipating new trends in society, such

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!