Philips 2013 Annual Report Download - page 6

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Message from the CEO
6 Annual Report 2013
Message from the CEO
Our Accelerate! initiatives helped us to achieve our mid-term
2013 targets. We are implementing the Philips Business System
across the company to improve customer focus and
operational excellence, and drive our businesses
systematically to global leadership performance. With our
mission to deliver meaningful innovation to make the world
healthier and more sustainable, we are well positioned to
improve our growth rate.” Frans van Houten, CEO
Dear stakeholder,
In 2013 we passed a major milestone on our Accelerate!
transformation journey to unlock Philips’ full potential.
Despite economic headwinds, especially in Europe and
the United States, our Accelerate! initiatives helped us
to achieve our mid-term 2013 targets. I am delighted
with this result, as it underlines yet again that Philips is,
above all, a case of self-help.
Accelerate! is helping us get closer to our customers, as
illustrated by our landmark alliance with Georgia
Regents Medical Center. And the transformation of our
value chains is speeding up the introduction of locally
relevant innovations in key markets around the world.
Innovations like our EPIQ ultrasound imaging system,
our Smart Air Purifier and Airfryer home appliances, and
our energy-efficient CityTouch lighting management
system.