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 Orsted succeeded to transform into a world class sustainable energy supplier from a coal-focused energy company in only 10 years
Keywords
Transformation, Pivoting, Good Health, Well-being, Clean Water, Sanitation, Industry Infrastructure, Industry Innovation, Responsible Consumption, Responsible Production, Business Model Transformation
Settings
Europe, Netherlands
Dutch State Mines, Manufacturing, Chemicals, Materials, Metals and Mining
1900-2022
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