Circular Wonderings is an exploration of the role of digital, software and technology in the Circular Economy. Exploration is the key word here. I write regularly, reflecting on my current thoughts and research. Expect typos, incomplete thoughts, varied rambling topics and (hopefully) a journey towards clearer understanding and insight. Subscribe here to join my journey.
Repair, but not circular?
There are large swaths of the existing economy that are - or could be - circular. They have a huge potential to create both impact and business opportunity.
Take, for example, Snap-on 1. They do innovative tools for repair. Or at least that is where they started in the 1920s.
Interestingly, in 1923 they filed a patent for "interchangeable socket wrenches". A brilliant example of modularity and innovation in product design - that is a step towards circularity.
Taking the concept of "repair" to a whole new level is one of the key circular methods of keeping products in their highest value use state, for as long as possible. Obviously, that means even more opportunity and need for companies like Snap-on.