Philips Business System

As we drive our transformation to become a solutions provider to our customers and consumers, we have adopted a single standard operating model that defines how we work together effectively to achieve our company objectives – the Philips Business System (PBS).

Philips Business System

As we drive our transformation to become a solutions provider to our customers and consumers, we have adopted a single standard operating model that defines how we work together effectively to achieve our company objectives – the Philips Business System (PBS).

The PBS integrates key aspects of how we operate:

Strategy

Our strategy defines our path to sustainable value creation for customers and shareholders.

Governance

Clear governance, roles and responsibilities empower people to collaborate and act fast.

Processes

Standard processes, systems and practices enable lean and agile ways of working.

People

We value and develop people and teams, rewarding them for sustainable results.

Culture

We live the Philips culture, which sets standards onbehaviors, quality and integrity.

Performance

Through disciplined performance management andcontinuous improvement we achieve our goals.

Having a single business system increases speed and agility, and enhances standardization, quality and productivity, while driving a better, more consistent experience for our customers.

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Philips Business System

As we drive our transformation to become a solutions provider to our customers and consumers, we have adopted a single standard operating model that defines how we work together effectively to achieve our company objectives – the Philips Business System (PBS).