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" In the Asian marketplace, we need to come out with products every nine months, not every two years. "

Frans van Houten

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" At the core, Philips is an innovation company. And for innovation to work, you need to look for the unmet needs. "

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" We started experimenting with television in 1928. For a lot of people, Philips has a lot to do with TV. "

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" We typically sell a catheter lab to a hospital, and it sits there for the next 10 years, and we don't visit the cardiologist on a daily basis. Volcano have a disposable business. They are in the cath lab on a daily basis. "

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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. "

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" Poor diet and sedentary behaviour have led to an increase in obesity and lifestyle-related disease and a huge rise in chronic medical conditions. "

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" Having a consumer brand helps us a lot. We will see more ambulatory care, and there will be a lot of new ways to deliver healthcare... and that means consumerism is going to play a bigger role. "

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" Sometimes that Dutch consensus approach doesn't move you forward fast enough. "

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" 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

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

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

" The global healthcare industry is undergoing a paradigm shift, providing significant opportunities for Philips to deliver more integrated solutions across the continuum of care - from prevention, diagnosis, and treatment to monitoring and aftercare. "

Frans van Houten

" Price erosion in components is quite fast. If you can capitalize on that by bringing products to the market faster, you will actually gain a better margin realization. "

Frans van Houten

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

Frans van Houten

" We invented television and stuck with it for 50 years, and then I decided to get out of that. I would like people to know that we are broader than consumer electronics. "

Frans van Houten

" The computer can do a much better job than the human eye, as it is much more systematic in analysing tissues. "

Frans van Houten

" Certain product categories become less attractive for us because, as they become mature, they become low-cost, and hence, there is less to invent. There is less to invent in a television, whereas in heath technology, there is a lot to invent. So we wanted to put our innovative power to work where it really matters. "

Frans van Houten

" 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. "

Frans van Houten

" The agreement to acquire Volcano significantly advances our strategy to become the leading systems integrator in image-guided therapies. "

Frans van Houten

" I think, going forward, we need to be much more modest on expectations with regard to China growth: That's just being realistic. "

Frans van Houten

" You need to dismount when your horse is dead. What was relevant 20 years ago is no longer relevant today. Therefore, you need to reinvent yourself. "

Frans van Houten

" First and foremost, we must take a more holistic view of patient care journeys and then better integrate workflows and technology so that the care experience is seamless and provided at the location where it makes most sense. "

Frans van Houten

" 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. "

Frans van Houten

" A siloed approach between suppliers doesn't really help hospitals well enough. "

Frans van Houten

" 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. "

Frans van Houten

" In an aging world with more chronic disease, health and healthcare are enormous opportunities that we want to focus on. "

Frans van Houten

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

Frans van Houten

" Our strategy is focused on driving better outcomes for patients and higher productivity for hospitals. "

Frans van Houten

" Lumileds is a highly successful supplier of lighting components to the general illumination, automotive, and consumer electronics markets, with a strong customer base. "

Frans van Houten

" Healthcare continues to move outside the hospital and into our homes and everyday lives. With leading doctors and psychologists, for example, we've developed personal health programs designed around patients to catalyze sustainable behavioural change. "

Frans van Houten

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

Frans van Houten