Royal Philips: Designing Toward Profound Change
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- Synopsis
- "When Frans van Houten assumed the role of CEO in April 20111, Royal Philips was a renowned multi-national company known for quality products and innovative thinking across a range of consumer and industrial products. However, it was struggling from a financial perspective. For ten years stock price and shareholder return had been underperforming all others on the Amsterdam exchange and the greater European indices.2 Between 2000 and 2010 Philips’ annual revenue had dropped 40% and profit margins from 25% to 7%.3 Van Houten faced difficult challenges with no easy or obvious answers."
- Copyright:
- 2017
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business School Publishing
- Date of Addition:
- 12/20/18
- Copyrighted By:
- President and Fellows of Harvard College
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Biographies and Memoirs, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
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