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Completing the Transformation of DSM

In: From Coal to Biotech

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  • Jean-Pierre Jeannet
  • Hein Schreuder

Abstract

The CSD of 2005, and in particular its acceleration by the new CEO Feike Sijbesma in 2007, aimed to complete the transformation of DSM. Remaining businesses in the Industrial Chemicals were targeted for divestment. At the same time, ambitious targets were set to boost innovation as well as DSM’s presence in emerging economies. When, despite the financial-economic crisis in this period, the company was able to execute these priorities successfully, the Board felt able to announce that DSM’s transformation had been completed in 2010. The chapter concludes with a reflection on DSM’s evolutionary transformation, as conducted through subsequent ‘strategic learning cycles’ initiated by intensive Corporate Strategy Dialogues.

Suggested Citation

  • Jean-Pierre Jeannet & Hein Schreuder, 2015. "Completing the Transformation of DSM," Springer Books, in: From Coal to Biotech, edition 127, chapter 13, pages 233-253, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-46299-7_13
    DOI: 10.1007/978-3-662-46299-7_13
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