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" It has not escaped us that other competitors have also identified health as an attractive marketplace. "
Frans van Houten
Other
Health
Escaped
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" Waste does not exist in nature because ecosystems reuse everything that grows in a never-ending cycle of efficiency and purpose. "
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" To become the global leader in HealthTech and shape the future of the industry, we will combine our vibrant Healthcare and Consumer Lifestyle businesses into one company. "
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" Genomics, Artificial Intelligence, and Deep Machine learning technologies are helping practitioners deliver better diagnosis and actually freeing up time for patient interaction. "
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" We are addressing duplication and complexity. At the same time, we are investing more in research and development, speeding up the time to market of new innovations, and expanding our sales force in markets where growth is to be found, like Turkey, Russia, the Mideast, China, and southeast Asia. "
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" Crucially, healthcare needs to become connected. It should become effortless for medical professionals to share relevant data with colleagues around the world. Medical devices and systems in hospitals should be able to combine multiple sources of information. "
Frans van Houten
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" 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. "
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" Sometimes that Dutch consensus approach doesn't move you forward fast enough. "
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" If we are to ensure that healthcare remains affordable and widely available for future generations, we need to radically rethink how we provide and manage it - in collaboration with key health system partners - and apply the technology that can help achieve these changes. "
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" 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. "
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" Insurers reimburse critical care, not the avoidance of incidents. Therefore, investments are not targeted towards prevention. "
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" What Philips has to offer to India is to further enhance the state of healthcare for the over billion people in this country. "
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" Government should seek more strategic approaches to developing dynamic, resilient infrastructure. Business must be more creative in offering financing solutions as partners with government, and people must support sustainable innovation as a public policy priority. "
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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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Core
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You
" In an aging world with more chronic disease, health and healthcare are enormous opportunities that we want to focus on. "
Frans van Houten
Health
Healthcare
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" A siloed approach between suppliers doesn't really help hospitals well enough. "
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" When I became CEO, I was really worried that we were in commoditized segments that were mature and no longer growing. So we made a radical pivot into health technology because that is one of the world's unmet needs. "
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World
Made
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" 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. "
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Pressure
Like
Growing
" The computer can do a much better job than the human eye, as it is much more systematic in analysing tissues. "
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Human
More
Job
" In the Asian marketplace, we need to come out with products every nine months, not every two years. "
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Out
Asian
Need
" 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
Path
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Courage
" 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. "
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" 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. "
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Television
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Years
" 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. "
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Care
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Digital
" 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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" Minimally invasive surgery is the way forward: the patient goes home the next day; there are fewer complications. "
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Day
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Home
" 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
Dead
Need
Today
" We started experimenting with television in 1928. For a lot of people, Philips has a lot to do with TV. "
Frans van Houten
Television
Started
People
" 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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Technology
More
Us
" Compassion, together with contractual responsibility for one's workforce, is a mark of a top employer. "
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Responsibility
Compassion
Together