The hills of the DSM since it was a duotop, with not one, but two bosses. CEO, Feike Sijbesma (pictured in the middle), followed by Geraldine Matchett, and Above the Fear. A unusual move in the business circles. Why choose a company with co-ceos?
the Starting point, the director Feike Sijbesma of the Dutch State Mines (DSM) was different than most CEO’s. He was a “boss” who is out loud and said ” that money is not the ultimate goal. That sustainability is a high priority had been, and not as a hobby, but as a core business. And that is to try to get more women at the top. Even more people, which brings me to new insights,” he said to the employers ‘ organization VNO-NCW).
now, That mindset proved to be worth its weight in gold. Under his leadership, DSM has transformed itself from a chemical to a biotechnology company. The market capitalisation of the company increased from eur 33 per share to € 115.
and Now, after thirteen years of departure, he was succeeded by the CFO, Geraldine Matchett, and COO, Dimitri de Vreeze, who, together with the function of the boss’s will, to fulfill them. In addition, they will continue with their old strategy of tasks to perform.
to Complement each other’s expertise and experience
“It’s unusual, but it fits in well with the culture here,” says the original German, Steffen Giessner, associate professor in the behaviour and management of the Erasmus University of rotterdam. “There is already an emphasis on problem solving, work with, and everyone is happy.”
The shared bestuursvoorzitterschap has a number of benefits. This allows multiple leaders to each other’s knowledge and experience are complementary. “All the way at the complex is having more then one leader has a huge advantage. Two heads know more than one, ‘ says Giessner.
It seems that for the DSM to be of interest. In a statement, writes: “Together, we have to Geraldine, and He is a wealth of knowledge and experience that they would like to continue to be combined in order to make sure that the company is a world-leading company.”
the Increased market value in the case of twin-CEOschap
The advantage of this shared knowledge is also evident from an examination of duotoppen in the 111 U.s. publicly traded companies. The Co-ceos to share more of the workload and the responsibilities. Also, the business environment, the dual-CEO, community benefits: the value of the firms in the survey continued to grow.
“The typical american leader is that of a man who has very long days. However, it is an image that has been developed for women and men. It is up to the chief executive officer the flexibility to both men and women to take advantage of it. This may be the diversity to really work, ‘ says Giessner.
On the border with the duotop two-pronged; for example, South Korea’s Samsung is no less than three years ago. Just like the German one, Zalando. In the Netherlands, G-Star, a couple of years, two CEO’s and advertising agency DDB & Tribal vows to be there after a merger of the two organizations. Google did it with the dignity at work just back out the door, and it has become one of the company’s CEO.
a Little more to the boss than the other one
It can also be a problem. “The big question is: how do you deal with conflict?’ says Giessner. They will share in the responsibilities, whether it is one of the two is just a little bit more to the boss than the other one,” says Giessner away from it.
Duobazen would just like to agree with the leaders of the future. Giessner: “a Lot of companies have to follow the DSM is now of great interest.”
