Ref: IMD-7-2254

Case study

Reference: IMD-7-2254

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DSM: Transforming to a sustainable business model

Knut Haanaes

By Professor Knut HaanaesKnut Haanaes and Marc Chauvet

DSM was incorporated in the beginning of the 20th century as a mining company. With the depletion of Netherland’s coal resources, the company pivoted in the 1960s into a chemical company, producing fertilizer and plastics. By the end of the century, the company started successfully pivoting into life sciences, to support its growing focus on sustainability.

Learning Objective

  • Showcase how DSM managed to transform over the course of 5 decades from a mining company to a commodity chemicals company to life sciences
Keywords Business Model Transformation, Clean Water, Good Health, Industry Infrastructure, Industry Innovation, Pivoting, Responsible Consumption, Responsible Production, Sanitation, Sustainability, Transformation, Well-being
Settings Netherlands
Dutch State Mines, Chemicals, Metals and Mining
Type Published Sources
Copyright ©IMD 2022
Language English
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Reference: IMD-7-2254

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