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" 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
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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. "
Frans van Houten
Health
Change
Hospital
" 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. "
Frans van Houten
Growth
Time
Sales
" 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
Emotions
Decision
Look
" 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
Care
Technology
More
" 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
Good
Good Health
Health
" Health care has to be delivered as an integrated service across the entire continuum of care. This runs from healthy living and prevention to diagnosis and treatment and recovery and homecare. "
Frans van Houten
Care
Service
Living
" 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 can't think in terms of designing products that we throw over the wall to customers, but instead, we need to design products that are upgradable and maintainable and that can be mined for materials and components that can be reused. "
Frans van Houten
Wall
Throw
Think
" 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. "
Frans van Houten
World
Made
Health
" 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
Technology
More
Us
" 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
" Meaningful innovation can be an important catalyst in encouraging resilience in seniors, keeping them independent and engaged. "
Frans van Houten
Resilience
Them
Important
" 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
" 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. "
Frans van Houten
Leader
Future
Healthcare
" Philips is uniquely positioned to help reshape and optimize population health management by leveraging big data and delivering care across the health continuum, from healthy living and prevention to diagnosis, minimally invasive treatment, recovery, and home care. "
Frans van Houten
Help
Management
Care
" 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
" Insurers reimburse critical care, not the avoidance of incidents. Therefore, investments are not targeted towards prevention. "
Frans van Houten
Care
Avoidance
Prevention
" City farming is not only possible, it is the very definition of the kind of meaningful, sustainable innovation we will need to meet the grand challenges of the 21st century: climate change; population growth; ageing population; urbanization; rising demand for energy, food and water; poverty; and access to healthcare. "
Frans van Houten
Water
Growth
Innovation
" 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
Colleagues
Medical
World
" Our strategy is focused on driving better outcomes for patients and higher productivity for hospitals. "
Frans van Houten
Strategy
Our
Focused
" 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
" 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
" 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
Great
Courage
" 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
" 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
" 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. "
Frans van Houten
Growth
Victory
History
" What Philips has to offer to India is to further enhance the state of healthcare for the over billion people in this country. "
Frans van Houten
Over
India
Country
" 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. "
Frans van Houten
Key
Help
Health
" 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
" Minimally invasive surgery is the way forward: the patient goes home the next day; there are fewer complications. "
Frans van Houten
Day
Next
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