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Journal ArticleOpen Access

Critical success factors for a circular economy: Implications for business strategy and the environment

Author Affiliations
University of Dhaka, London Metropolitan University, Bangladesh University of Engineering and Technology, University of Technology Sydney, ...
Published InBusiness Strategy and the Environment
Year2020
Citations275

Abstract

Abstract Eco‐efficiency and resource optimization for business strategy and the environment can be achieved by the circular economy (CE) practices in supply chains (SCs). The leather industry is a significant industrial contributor to the economic growth of some countries, but at the same time, it leads to tremendous environmental pollution. This research focuses on the identification and evaluation of critical success factors (CSFs) needed in the business strategy development of CE practices as well as to minimize environmental pollution in leather industry SCs. The CSFs are identified via a comprehensive literature review and are validated by experts' opinions. The validated CSFs are further analyzed using the best–worst method (BWM) and the decision‐making trial and evaluation laboratory (DEMATEL). The BWM is…
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