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" 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

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" I've always flagged that it will take some time to gradually sell down our interest in lighting and basically pivot to be a medtech company focused entirely on health technology. "

Frans van Houten

" 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

" 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

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

Frans van Houten

" 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

" 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

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

Frans van Houten

" 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

" 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

" 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

" With access to professional coaching and support around the clock, patients will feel more empowered to manage their own physical wellbeing. "

Frans van Houten

" 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

" Our health underpins our happiness and is a foundation of economic advancement. "

Frans van Houten

" 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

" As soon as a disease is diagnosed, we still need someone to deliver the care. "

Frans van Houten

" There's much unlocked potential in Philips. "

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

" 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

" 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

" 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. "

Frans van Houten

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

Frans van Houten

" I remain convinced of the compelling case for connected care. "

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

" 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

" Waste does not exist in nature because ecosystems reuse everything that grows in a never-ending cycle of efficiency and purpose. "

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

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

Frans van Houten

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

Frans van Houten

" 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

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

Frans van Houten