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" If we are going to get a grip on escalating costs, we have to focus more on prevention rather than acute care. Technology can help us do that. "

Frans van Houten

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" Healthcare is a conservative marketplace. "

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" It is vital that a company's culture shows a willingness to invest in employee wellbeing with no stigma or penalty attached to prioritising good health. "

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" You can't have a single design for all cities. The look and feel of the streetlights are very important. "

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" Perhaps sooner than we think, African innovations will help the rest of the world create lasting social and economic value. "

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" We are very optimistic about our opportunities in China. Our toothbrushes continue to sell very well, while the growth of private hospitals diminishes the risk of government preferring domestic suppliers. "

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" Our myopic focus on producing and consuming as cheaply as possible has created a linear economy in which objects are briefly used and then discarded as waste. "

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" We have transformed Philips into a focused leader in health technology, delivering innovation to help people manage their health. "

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" I came back to Philips and quickly realised that the TV business had a major performance issue and some structural challenges. Rather than try to tweak it and sit things out, we said we had to go for a structural solution. "

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" The traditional way that society looks at healthcare is to let people get terribly sick and then have an emergency room to take care of them and spend a lot of money on acute care for people who would have been kept out of hospital in the first place if they had had a lifestyle change. "

Frans van Houten

" If we can keep you healthy, that is better. If you fall sick, you go to the hospital. Both sides, Philips is present. "

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" We knew we could put the company on the right side of history by decisive transformative action and by redefining our purpose to improving people's lives through innovation. "

Frans van Houten

" The entire dynamics of the lighting market are changing. Value is moving toward systems and services. "

Frans van Houten

" In the back of my mind was the nagging discussion: where do we take the portfolio? You can get rid of TV, fine, but then you are in lighting and in health, and those don't have a lot to do with each other. "

Frans van Houten

" Sustainable solutions based on innovation can create a more resilient world only if that innovation is focused on the health and well-being of its inhabitants. And it is at that point - where technology and human needs intersect - that we will find meaningful innovation. "

Frans van Houten

" We can squabble between the siblings in Europe and not be very productive and then see China and the U.S. win over the European region. Or - and this is my preferred choice - we team up together and are the strong region that we want to be, using each others' strengths and building on our commonalities to become the smartest region in the world. "

Frans van Houten

" I remain convinced of the compelling case for connected care. "

Frans van Houten

" How can we keep people healthy, and if they get sick, how can we treat them right the first time? "

Frans van Houten

" Thanks to the digital and big data revolution, we can start to do what was previously unthinkable - to improve patient outcomes and lower healthcare costs while delivering personalized care to each individual. "

Frans van Houten

" When you try to master the emotions of a decision and say, if you're 50 years from now and you look back, 'Did we take the right decisions?' Then the decision becomes a lot easier. "

Frans van Houten

" Meaningful innovation can be an important catalyst in encouraging resilience in seniors, keeping them independent and engaged. "

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" There's much unlocked potential in Philips. "

Frans van Houten

" Our health underpins our happiness and is a foundation of economic advancement. "

Frans van Houten

" Minimally invasive surgery is the way forward: the patient goes home the next day; there are fewer complications. "

Frans van Houten

" The shift in demand is toward partners that can improve productivity, and in part, that can be done by software. "

Frans van Houten

" Concerns about the possible side-effects of connected care are swept aside by the expectations of the benefits when people are confronted with a chronic disease themselves. Resistance that could be privacy-related completely disappears. "

Frans van Houten

" Growing and aging populations are putting increased pressure on health-care systems that are already buckling under the burden of chronic diseases like cancer and diabetes. "

Frans van Houten

" We can only compete in the world against competitors from Asia, the United States, or wherever if we look at unmet needs. "

Frans van Houten

" Compassion, together with contractual responsibility for one's workforce, is a mark of a top employer. "

Frans van Houten

" Great companies need to reinvent themselves. We can do that: we can stay relevant, we can grow, and we can stay successful. It takes courage, but it's a path we've been preparing for carefully. "

Frans van Houten

" It has not escaped us that other competitors have also identified health as an attractive marketplace. "

Frans van Houten