We are delighted to announce the signing of a new Design Partner agreement with global innovation and design firm, IDEO. Through the new partnership, IDEO, led by its London studio, will work closely with the Foundation to apply design thinking and expertise to help capture opportunities presented by the circular economy.
The Ellen MacArthur Foundation works through business innovation, education and analysis to accelerate the transition to a more restorative and regenerative circular economy. Achieving the shift to a circular economy requires re-imagining many aspects of our global economic system, to move away from existing linear models and associated thinking. In its work IDEO uses ‘design thinking’, a creative, human-centred approach to innovation, to transform products, services, processes and strategy. There are many opportunities to apply such an approach to tackling circular economy challenges, whether through the circular design of systems, such as new business models, or products, for example by creating standardised components.
Over the coming weeks, IDEO and the Foundation will be working together to identify specific programme areas around which initial collaboration will be developed. The agreement with IDEO is the Ellen MacArthur Foundation’s second specialist partner agreement; it already works with Knowledge Partner, McKinsey & Company, which provides analytical support.