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" We have transformed Philips into a focused leader in health technology, delivering innovation to help people manage their health. "
Frans van Houten
Technology
Innovation
Leader
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" Changing the ways of governments usually doesn't happen quickly, but time is a luxury the world no longer enjoys. "
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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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Started
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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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Like
Years
" 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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Business
Challenges
Performance
" 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. "
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Will
" Time may not be on our side, but innovation is. "
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" Like all major transitions in human history, the shift from a linear to a circular economy will be a tumultuous one. It will feature heroes and pioneers, naysayers and obstacles, and moments of victory and doubt. If we persevere, however, we will put our economy back on a path of growth and sustainability. "
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Growth
Victory
History
" The shift in demand is toward partners that can improve productivity, and in part, that can be done by software. "
Frans van Houten
Software
Improve
Done
" 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
" Government should create the environment and incentives to stimulate investment in sustainable innovation, take away barriers, and accelerate adoption, even in turbulent economic times. "
Frans van Houten
Innovation
Government
Environment
" 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
" At the core, Philips is an innovation company. And for innovation to work, you need to look for the unmet needs. "
Frans van Houten
Core
Work
You
" Employers can assist employees in looking after their health by giving guidance on energy management, sleep and healthy eating, working relationships, and helping maintain a sense of purpose at work. "
Frans van Houten
Work
Sleep
Purpose
" 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
" Genomics, Artificial Intelligence, and Deep Machine learning technologies are helping practitioners deliver better diagnosis and actually freeing up time for patient interaction. "
Frans van Houten
Up
Deep
Intelligence
" Minimally invasive surgery is the way forward: the patient goes home the next day; there are fewer complications. "
Frans van Houten
Day
Next
Home
" When you make a courageous statement, people start to follow you, and that's nice. "
Frans van Houten
Nice
Make
Follow
" 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. "
Frans van Houten
People
Support
Innovation
" 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
Care
Expectations
Resistance
" 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
Customer
Successful
Strong
" 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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Used
Possible
Focus
" 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
Change
Society
People
" 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
World
Technology
Innovation
" It has not escaped us that other competitors have also identified health as an attractive marketplace. "
Frans van Houten
Other
Health
Escaped
" 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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Risk
Government
Opportunities
" If we are to ensure that health care remains affordable and widely available for future generations, we need to rethink radically how we provide and manage it. "
Frans van Houten
Health Care
Care
Future
" Healthy people are not very motivated to manage their health. They just don't care. "
Frans van Houten
Care
Health
People
" 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
" 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
" 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