3. Overview of the Company
Dutch multinational
company
Founded in 1891
Turnover: € 21,391 million
Brand value: $ 10.3 billion
MISSION
Improve the life of people through meaningful
innovation
VISION
Make world healthier and sustainable through
innovation
4. Products
Personal Care
Domestic
Appliances
Health & Wellness
Automotive
Lighting
Consumer
Luminaires
Professional
Lighting Solutions
Imaging Systems
Customer Services
Healthcare
Informatics,
Solutions &
Services
Health-care
Lighting
Consumer
Lifestyle
5. Innovation –
The Heart and Soul of Philips
“Innovation is vital to the strategy of the entire Philips
organization and it is the key aspect of how Philips has won
in the past, is winning today, and will win in the future”
Philips have its innovation centres in
Netherlands
India
China
6.
7. Business System
The way they run the
company to deliver on
mission and vision.
Designed to ensure
that success is
repeatable.
9. Issues and Challenges
High Competition
Market Slowdown and Exchange Rate Fluctuations
Breach of Contract
Co-ordination with Stakeholders
Delayed operations from Cleveland unit
Decline in sales of Lighting division
What all thy have innovated in
Halhcare
Lighting
lifetyle
http://www.2014.annualreport.philips.com/video/source/en/ar14-8_slimstyle-led_en.mp4
What all thy have innovated in
Halhcare
Lighting
lifetyle
Links for innovation:
1. Philips hue iris
https://www.youtube.com/watch?v=uO-d2Jt-CzE
2. Slim light led bulb
http://www.2014.annualreport.philips.com/video/source/en/ar14-8_slimstyle-led_en.mp4
3. Philips smart tv
https://www.youtube.com/watch?v=JQ1_-M-1mRc
4. Philips In.Sight wireless HD home monitor M120 with iVideon technology
https://www.youtube.com/watch?v=eV83fyBvQ0g
5. Senseo ® Up app - How the new Senseo ® Up fits into your home [ENGLISH]
https://www.youtube.com/watch?v=q7hHR0fABH8
6. Philips sensotouch 3d shaver
https://www.youtube.com/watch?v=z9_lDzmIRow
Healthcare innovation:-
Philips in Resuscitation. With a full resuscitation portfolio, Philips provides care from home-to-hospital. With a legacy of cardiac care dating to 1961, is a pioneer and driver of lay-person defibrillation, bringing meaningful innovation:
1st biphasic AED
1st US airline save
1st AED for children and infants
1st AED designed specifically for home
1st and only over the counter AED
1st AED to implement a ‘Quick Shock’ algorithm. Our AEDs are typically able to deliver a shock in less than 8 seconds after CPR.
Change
Add the new annual report
Link:
http://www.2014.annualreport.philips.com/#!/home/tab=tab:5/worldmap=type:global_presence&level:1/