Philips 2011 Annual Report Download - page 59
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6 Sector performance 6 - 6
Annual Report 2011 59
6Sector performance
Imaging Systems • Home Healthcare Solutions •
Patient Care & Clinical Informatics •
Customer Services
Corporate Technologies • Corporate and Country Overheads • Pensions • Global Service Units • Corporate Investments • New Venture Integration • Design
Personal Care • Lifestyle Entertainment •
Domestic Appliances • Health & Wellness
Lamps • Consumer Luminaires • Professional
Luminaires • Lighting Systems & Controls •
Automotive Lighting • Lumileds
Our structure
Koninklijke Philips Electronics N.V. (the ‘Company’) is the
parent company of the Philips Group (‘Philips’ or the
‘Group’). The Company is managed by the members of
the Board of Management and Executive Committee
under the supervision of the Supervisory Board. The
Executive Committee operates under the chairmanship of
the Chief Executive Officer and shares responsibility for
the deployment of Philips’ strategy and policies, and the
achievement of its objectives and results.
Philips’ activities in the field of health and well-being are
organized on a sector basis, with each operating sector –
Healthcare, Consumer Lifestyle and Lighting – being
responsible for the management of its businesses
worldwide.
The Group Management & Services sector provides the
operating sectors with support through shared service
centers. Furthermore, country management organization
supports the creation of value, connecting Philips with key
stakeholders, especially our employees, customers,
government and society. The sector also includes
pensions.
Executive Committee
Members of the Board of Management and certain key
officers together form the Executive Committee
Also included under Group Management & Services are
the activities through which Philips invests in projects that
are currently not part of the operating sectors, but which
could lead to additional organic growth or create value
through future spin-offs.
At the end of 2011, Philips had 124 production sites in 26
countries, sales and service outlets in approximately 100
countries, and 121,888 employees.