DBS PurposeDriven Transformation Ranjay Gulati Adina Wong Dawn Lau Joseph Mesfin 2022
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DBS PurposeDriven Transformation (PDT) was implemented in Singapore in 2015 to reorganize its systems and improve financial performance. The aim was to make DBS more purpose-driven by aligning its business with the bank’s vision and mission. PDT transformed DBS from a bank that only provided financial products to one that has a purpose beyond just financial efficiency. I joined DBS in 2019, when PDT had just begun. Since then, I have worked on various projects related to P
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DBS is a finance and banking conglomerate with 18 subsidiaries across Asia, Australia, and New Zealand. The company is known for its focus on enabling a smarter, safer, and more sustainable future. The purpose of DBS is to inspire the next generation of leaders who are driven by a purpose and passion for making a difference. In order to achieve this purpose, the company has launched DBS PurposeDriven Transformation (PDT) which aligns all business units, functions, and cultures to deliver value
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The case study is titled “DBS PurposeDriven Transformation,” and here are the details of the topic: – DBS (Deposit Bank of Singapore) has been at the forefront of innovation in financial services, transforming itself from a government-owned financial institution in Singapore to a technology-driven company that offers a range of products and services to its customers. – DBS’ purpose is to help customers achieve their financial aspirations and create wealth by providing a comprehensive range of financial solutions, including personal banking services, wealth management
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The purpose of DBS PurposeDriven Transformation (PDT) was to make DBS a “highly customer-centric bank” within five years through the integration of our services into customers’ daily life. Ranjay Gulati, DBS’s CEO, led the vision to build a new digital bank that would transform customer expectations. This meant building a “customer-centric” bank that would provide superior experiences and products. In this presentation, we discuss the progress to date in achieving the vision, with a focus on PDT
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Dear colleagues, it has been a while since my last email, so, please accept my apology. The work is never done, and it’s never too late to start. If you’re a successful and experienced professional, you probably have multiple experiences and insights that you can share with us. I wrote: I always believed that DBS (Developing Blockchain Solutions) was our purpose. It’s a strategic initiative to accelerate our digital banking transformation journey. The purpose is the most important thing for me. In my opinion,
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I was inspired by Ranjay Gulati’s, Adina Wong Dawn Lau’s and Joseph Mesfin’s DBS PurposeDriven Transformation. These three have created a groundbreaking and innovative way to transform and build organizations. They have used a transformational model, based on three core transformational levers: Customer Obsession, Leading with Passion, and Cutting-Edge Tech. Ranjay has developed a new model for leadership, called the 10X Leadership Model,