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Royal DSM From Continuous Transformation To Organic Growth Case Solution
| Solution Id | Length | Case Author | Case Publisher |
|---|---|---|---|
| 2210 | 437 Words (4 Pages) | William W. George, Carin-Isabel Knoop, Amram Migdal | Harvard Business School : 317063 |
A Word File
Over the past century, DSM left the mining industry, it sold off its profitable petrochemicals and bulk chemicals business and made sizable investments in material and life sciences business. The continuous transformation was made possible with apt decisions related to divesture, joint venture, merger, and acquisitions of core businesses. In order to make transformations successful, DSM focused on innovation and focused its attention on the development of three emerging business areas which are bio-based products, biomedical materials, and solar surfaces.
Following questions are answered in this case study solution:
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Evaluate the transformative changes that DSM’s business has undergone in recent years?
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Explore the leadership approach that DSM has taken to sustainability. What have the implications been for the organization and its leadership and management?
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Evaluate the challenges faced by the organization and its leadership in growing the Life Sciences and Material Sciences businesses.
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Critically assess Feike Sijbesma’s own leadership style and approach.
Case Study Questions Answers
2. Explore the leadership approach that DSM has taken to sustainability. What have the implications been for the organization and its leadership and management?
DSM leadership has taken it upon itself to prove that commercial success and doing good for the world can be done at the same time in a profitable manner (EY Global, 2020). DSM leadership works sustainable innovation strategy and relies on the philosophy of creating value for People, the Planet, and Profit. Through joint ventures, the company has produced series of innovative products and added value for customers and its other stakeholders.
The sustainable and innovative approach of the company has instilled a sense of responsibility in employees as they are encouraged to work out solutions that benefit the people and the planet.
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