Restructuring for Impact
Roy discusses the ambitious restructuring plan at Philips, emphasizing the need for agility in a volatile environment. By shifting accountability to business units and simplifying the organizational structure, the company aims to enhance its impact while reducing roles. Despite the tough decision of laying off 10,000 employees, engagement scores have notably risen, highlighting a positive shift within the company culture.In this clip
From this podcast
Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall
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