Frans van Houten Quotes
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.
Topics
Cost Reduction
Strategic Planning
Business Performance
Business Restructuring
Challenging Situation
Change Management
Operational Efficiency
Organizational Transformation
Performance Improvement
Process Reengineering
Risk Mitigation
Strategic Change
Turnaround Strategy
Performance Issue
Tv Business
Solution Strategy
Citations
van Houten, Frans. "Reinventing Philips: An interview with CEO Frans van Houten." McKinsey & Company, 1 Feb. 2014.
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François Adrianus "Frans" van Houten is the Chief Executive Officer of the Dutch company Royal Philips Electronics (known universally as Philips), taking over the position on 1 April 2011. He succeeded Gerard Kleisterlee.