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.”
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.
Prioritize unmet needs.
Themes
Mood
Type
When to use this quote
- product development
- investment decisions
- regulatory planning
Key Concepts
Questions to Reflect On
- What unmet need will you target?
- How will you measure impact?
Health tech entry carries high risk.