Philips 2013 Annual Report Download - page 69
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5 Sector performance 5 - 5
Annual Report 2013 69
5Sector performance
Innovation, Group & Services
Healthcare Consumer Lifestyle Lighting
•
Imaging Systems
•
Home Healthcare Solutions
•
Patient Care & Clinical Informatics
•
Customer Services
•
Personal Care
•
Domestic Appliances
•
Health & Wellness
•
Light Sources & Electronics
•
Consumer Luminaires
•
Professional Lighting Solutions
•
Automotive Lighting
•
Lumileds
Group Innovation • Design • New Venture Integration • Group and Regional Overheads • Pensions and Global Service Units
Our structure
Koninklijke Philips 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 Innovation, Group & Services sector includes the
activities of Group Innovation, 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-os.
Furthermore, Group and regional management
organizations support the creation of value, connecting
Philips with key stakeholders, especially our
employees, customers, government and society.
Additionally, the global shared business services for
procurement, finance, human resources, IT and real
estate are reported in this sector, as well as certain
pension costs.
Members of the Board of Management and certain key
officers together form the Executive Committee
Executive Committee
Healthcare Consumer
Lifestyle
Lighting Innovation
Group &
Services
Organizational chart
At the end of 2013, Philips had 111 production sites in 28
countries, sales and service outlets in approximately
100 countries, and 114,689 employees.