People and Talent-Based Circular Economy

Future organizations will need help addressing the shortage of skilled resources. While a progressive education system would bridge the gap for some of these resource challenges, other challenges that we could encounter would be associated with the liberalization of workforces in the Gig Economy. The overall objective is not for the race towards being the biggest or best but for working in a cohesive ecosystem that would meet the growing business needs. The circular economy is receiving worldwide increased attention to accelerate economic growth from the optimal consumption of resources. Cities and urban regions are a growing source of resource consumption and are increasingly recognized by national and regional governments as an arena to mitigate resource problems associated with urbanization. This research paper aims to prescribe the approaches that will help organizations adopt a Cyclic Economy to address the growing demand for skilled resources in the years ahead, thus capturing more value from resources.