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" Our strategy is focused on driving better outcomes for patients and higher productivity for hospitals. "
Frans van Houten
Strategy
Our
Focused
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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. "
Frans van Houten
Efficiency
Nature
Purpose
" Changing the ways of governments usually doesn't happen quickly, but time is a luxury the world no longer enjoys. "
Frans van Houten
Changing
Luxury
Happen
" 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
" Philips is committed to the circular economy and is applying its principles throughout the organization. We are redesigning our products and looking at ways to capture their residual value. "
Frans van Houten
Organization
Value
Looking
" We undertook a huge internal transformation to sharpen our customer focus, step up innovation, improve productivity to ensure competitiveness, change our culture, and simplify our ways of working so that our size and scale became a competitive advantage rather than a bureaucratic hangover after years of diversification. "
Frans van Houten
Change
Culture
Focus
" If we can keep you healthy, that is better. If you fall sick, you go to the hospital. Both sides, Philips is present. "
Frans van Houten
Go
You
Healthy
" Time may not be on our side, but innovation is. "
Frans van Houten
Innovation
Time
Our
" With access to professional coaching and support around the clock, patients will feel more empowered to manage their own physical wellbeing. "
Frans van Houten
Coaching
Support
Professional
" Meaningful innovation can be an important catalyst in encouraging resilience in seniors, keeping them independent and engaged. "
Frans van Houten
Resilience
Them
Important
" Tech can help population health, make health more accessible, more affordable. Tech can also get people get more included in the economy and contribute and drive growth, and growth and wealth are great contributors to a safer world. "
Frans van Houten
Growth
Health
Great
" The entire dynamics of the lighting market are changing. Value is moving toward systems and services. "
Frans van Houten
Value
Lighting
Changing
" When you make a courageous statement, people start to follow you, and that's nice. "
Frans van Houten
Nice
Make
Follow
" 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
Risk
Government
Opportunities
" 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
History
Innovation
People
" How can we keep people healthy, and if they get sick, how can we treat them right the first time? "
Frans van Houten
Treat
Healthy
Sick
" I remain convinced of the compelling case for connected care. "
Frans van Houten
Case
Care
Connected
" 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
Fast
You
Will
" Indeed, the Fourth Industrial Revolution will greatly lead to increased consumer health awareness and self-management and will enable individualized treatment pathways supported by tele-health care and coaching. "
Frans van Houten
Revolution
Coaching
Care
" I am pleased with the response of investors towards Philips Lighting and the successful pricing of the I.P.O. This strategic milestone will allow Royal Philips to focus on the fast-growing health technology market. "
Frans van Houten
Technology
Royal
Focus
" Healthy people are not very motivated to manage their health. They just don't care. "
Frans van Houten
Care
Health
People
" By innovating and investing in health technology, we believe that we can really change the future of health. "
Frans van Houten
Health
Change
Future
" Insurers reimburse critical care, not the avoidance of incidents. Therefore, investments are not targeted towards prevention. "
Frans van Houten
Care
Avoidance
Prevention
" 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. "
Frans van Houten
Business
Years
Sell
" In Kenya, e-learning has taught 12,000 nurses how to treat major diseases such as HIV and malaria, compared to the 100 nurses a year that can be taught in a classroom. "
Frans van Houten
HIV
Taught
Treat
" 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
More
Care
Healthcare
" Even though we live in a fast-changing world with short term-ism all around, it requires years of determination to transform a company and structurally reap the rewards. Innovation companies need to set their sights on solving unmet needs - but this approach requires focus and long-term tenacity. "
Frans van Houten
Innovation
Live
Focus
" 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. "
Frans van Houten
New
Brand
Care
" 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. "
Frans van Houten
Business
Challenges
Performance
" Engagement with young people is always a refreshing break with routine. It's also a reminder of how we need to constantly keep our thinking agile and unencumbered by traditional rules. "
Frans van Houten
Rules
Thinking
People
" Poor diet and sedentary behaviour have led to an increase in obesity and lifestyle-related disease and a huge rise in chronic medical conditions. "
Frans van Houten
Obesity
Rise
Poor