From Coal to Biotech

This book chronicles the transformation of DSM from a coal mining company to a leader in biotechnology, offering insights into strategic learning and collaboration.

This management book explores the significant transformation of DSM, tracing its journey from a coal mining enterprise to a leading producer of commodity chemicals. Over the years, DSM has evolved into a prominent player in the life sciences and materials sciences sectors, emphasizing a robust focus on biotechnology. The narrative provides readers with an insightful look into the 'strategic learning cycles' that have been pivotal in this evolutionary journey.

In From Coal to Biotech, the author delves into the characteristics that have enabled DSM to adapt and thrive in a rapidly changing environment. The book highlights the importance of resilience, innovation, and strategic foresight in driving the company's growth. Additionally, it sheds light on the collaboration between DSM and renowned business institutions like IMD and Babson, which have played a crucial role in facilitating the company's second transformation through executive education programs.

Through detailed case studies and reflections, From Coal to Biotech offers valuable lessons on long-term partnerships between corporations and educational institutions. This exploration not only serves as a blueprint for other companies undergoing transformation but also emphasizes the importance of strategic learning in achieving sustainable success.