Jeroen Tas, Chief Innovation & Strategy Officer visited the University of Toronto on October 23, 2019. In addition to meeting with researchers, students and university leaders, Jeroen was also invited to give the inaugural U of T Exponential Impact Lecture at the University of Toronto’s Rotman School of Management.
The new lecture series focuses on industry innovation leaders and welcomes them to present their strategies of how to innovate and develop products and services. In his presentation, Jeroen highlighted Philips’ transformation into a leading health care technology company and how digital is driving this transformation, from population health, sensors and adaptive interfaces to patient and home monitoring. Jeroen also talked in detail about how the health continuum is guiding Philips’ strategy. “Healthcare is a continuum, not just clinical, but behavioral and social”. The focus on the health continuum allows for the enablement of the quadruple aim, resulting in better health outcomes, improved patient experience, improved staff experience and lower cost of care. Another highlight of the lecture was how Philips keeps innovating, namely by focusing on co-creation in an open innovation system, but also with the help of four innovation hubs and by investing in startups. The audience of 250 people was particularly interested and engaged in this part of the presentation and the lecture was followed by a lively Q&A session. The lecture and Jeroen’s visit to the University of Toronto were also covered by UofT News.
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