Philips Operating Model
Our operating model is designed to enable us to deliver on our purpose, driving impact and creating value for our stakeholders. And to do so responsibly and sustainably, ensuring patient safety, quality, compliance and integrity in everything we do.
Philips Operating Model
Our operating model is designed to enable us to deliver on our purpose, driving impact and creating value for our stakeholders. And to do so responsibly and sustainably, ensuring patient safety, quality, compliance and integrity in everything we do.
The Philips Operating Model integrates key aspects of how we operate:
Strategy
As a health technology company, Philips is committed to driving progressive value creation through a strategy of focused organic growth, scalable patient- and people-centric innovation, and focus on reliable execution.
Structure & Governance
In order to meet the needs of patients, our customers and consumers, we operate through our Business Units, supported by the Regions and Functions.
People & Culture
Our people and culture are crucial to meeting our goal of improving the lives of 2.5 billion people by 2030.
Performance Management
To ensure we execute well on our plans and deliver value to our patients, customers, employees, shareholders and society, we set ambitious targets and closely manage performance through a disciplined and focused operating cadence.
Policies, Processes, Systems & Data
Our operating model offers ‘freedom within a frame’, where we leverage common Philips processes and capabilities wherever possible, and have the flexibility to adapt to specific requirements in order to meet patient, customer and consumer needs.
ESG news and insights
You may also find the following articles interesting
