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Ceo Quote by Frans van Houten

“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.” quote by Frans van Houten
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“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

About This Quote

Source Speech: CEO Interview, Philips, 2022

Pivoting from mature markets to health tech addresses unmet global needs.

In simple terms: Shift focus to health tech.

Key Takeaway

Prioritize unmet needs.

Themes

innovation strategy healthcare

Mood

strategic optimistic

Type

business inspirational

When to use this quote

  • product development
  • investment decisions
  • regulatory planning

Key Concepts

market disruption social impact

Questions to Reflect On

  • What unmet need will you target?
  • How will you measure impact?
A Different Perspective

Health tech entry carries high risk.

2.7 out of 5 (9 ratings)

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