How To Fix Christensen’s Spinoff Theory For Responding To Disruptive Innovation

By Steve Denning

One company that has made progress in this area is the DBS. It’s a really interesting example. It’s the biggest bank in Singapore. It sprung out of the government. Its name, in fact, used to be the Development Bank of Singapore. Historically, it had a disciplined, process-oriented culture. It is in highly regulated area — financial services — and a very conservative industry. A new CEO took over in 2009, and he has been trying to create a 22,000 person digital/Agile factory. They are not all the way there yet. But they have clearly come a long way in 8 years. The story is worth looking at.  (Side note: See the interview with Paul Cobban, Managing Director and Chief Operating Officer, Technology and Operations, DBS by Jason Bloomberg , “How DBS Bank Became The Best Digital Bank In The World By Becoming Invisible.”)

Read the entire article at https://www.forbes.com/sites/stevedenning/2017/05/24/two-kinds-of-organizational-transformation-how-to-save-the-whales/

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