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Intrapreneurship@Philips

Rob de Graaf
Philips Innovation Services
December 12, 2013

1

December 12,2013

Philips Innovat...
Philips: A strong diversified industrial group leading
in health and well-being
Royal Philips
Businesses

Geographies

Hea...
At Philips we strive to make the world healthier and
more sustainable through innovation

We will be the best
place to wor...
Philips Innovation Services
Position in Philips
Royal Philips
Consumer
Lifestyle

Lighting

Healthcare

Philips Group
Inno...
Philips is in transition: Accelerate!

5

December 12,2013

Philips Innovation Services
Intrapreneurship is key
Delivering more breakthrough innovations more quickly
• Behaviors
– Take ownership
– Resource to w...
And it does deliver
Meethue.com

7

December 12,2013

Philips Innovation Services
But we are not there yet
Regular business needs to speed up as well
• Stronger Strategic Focus
– Knowing where we want and...
Thank you
9

December 12,2013

Philips Innovation Services
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Intrapreneurship at Philips

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Presentation given during Intrapreneurship Conference in Barcelona, Dec. 12, 2013.

Published in: Business, Technology
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Transcript of "Intrapreneurship at Philips"

  1. 1. Intrapreneurship@Philips Rob de Graaf Philips Innovation Services December 12, 2013 1 December 12,2013 Philips Innovation Services
  2. 2. Philips: A strong diversified industrial group leading in health and well-being Royal Philips Businesses Geographies Healthcare Consumer Lifestyle Lighting Western Europe North America Other Mature Geographies Growth Geographies3 43% 20% 37% 25% 31% 8% 36% Since 1891 114,000+ $9.8 Billion 8% of sales Headquarters in Amsterdam, the Netherlands 2 €23.5 Billion Sales in 2012. Portfolio consists of ~70% B2B businesses People employed worldwide in over 100 countries Brand value in 2013 invested in R&D in 2012 59,000 patent rights, 35,000 trademark rights, 81,000 design rights December 12,2013 Philips Innovation Services
  3. 3. At Philips we strive to make the world healthier and more sustainable through innovation We will be the best place to work for people who share our passion 3 Together we will deliver superior value for our customers and shareholders Improving people’s lives through meaningful innovation December 12,2013 Philips Innovation Services
  4. 4. Philips Innovation Services Position in Philips Royal Philips Consumer Lifestyle Lighting Healthcare Philips Group Innovation Incubators Research IP&S Philips Innovation Services 4 December 12,2013 Philips Innovation Services Non-Philips Customers
  5. 5. Philips is in transition: Accelerate! 5 December 12,2013 Philips Innovation Services
  6. 6. Intrapreneurship is key Delivering more breakthrough innovations more quickly • Behaviors – Take ownership – Resource to win – Team up to excel • Ventures – Fund great ideas – Find out business viability quickly – Spin out, spin in • Emerging Business Areas – “To boldly go where no one had gone before” – Build on Open Innovation capabilities – Stretch Senior Executives 6 December 12,2013 Philips Innovation Services
  7. 7. And it does deliver Meethue.com 7 December 12,2013 Philips Innovation Services
  8. 8. But we are not there yet Regular business needs to speed up as well • Stronger Strategic Focus – Knowing where we want and need intrapreneurship • Better Succession Planning – Getting intrapreneurs deeper into the regular business • Smarter processes – Giving room to intrapreneurial ways of working • Simpler tooling – Supporting intrapreneurs with efficient and effective ICT • Easier Governance – Fitting intrapreneurs in corporate structure 8 December 12,2013 Philips Innovation Services
  9. 9. Thank you 9 December 12,2013 Philips Innovation Services
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