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

1. Intrapreneurship@Philips
Rob de Graaf
Philips Innovation Services
December 12, 2013
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December 12,2013
Philips Innovation Services

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
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€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. 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
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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. Philips Innovation Services
Position in Philips
Royal Philips
Consumer
Lifestyle
Lighting
Healthcare
Philips Group
Innovation
Incubators
Research
IP&S
Philips
Innovation
Services
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December 12,2013
Philips Innovation Services
Non-Philips
Customers

5. Philips is in transition: Accelerate!
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December 12,2013
Philips Innovation Services

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
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December 12,2013
Philips Innovation Services

7. And it does deliver
Meethue.com
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December 12,2013
Philips Innovation Services

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
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December 12,2013
Philips Innovation Services

9. Thank you
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December 12,2013
Philips Innovation Services