Working at Philips Electronics SG: Company Culture, Benefits, and Leadership

Philips, with 80,000 employees in 100 countries, specializes in Personal Health, Connected Care, and Diagnosis & Treatment. The lighting division is now Signify N.V. Listed on Euronext Amsterdam and the NYSE, Philips is a tech leader, contributing to innovations like the Compact Cassette. In this article, Aniday will delve into the details of Working at Philips Singapore: Company History, Culture, Benefits, and Leadership.

General Information

Founded in 1891 in Eindhoven, Netherlands, Philips, officially Koninklijke Philips N.V., initially focused on light bulbs. Over the years, it evolved into a multinational conglomerate and was a major player in electronics until it redirected its focus to health technology in 2013. 

With approximately 80,000 employees across 100 countries, Philips operates in three main divisions: Personal Health, Connected Care, and Diagnosis & Treatment. The lighting division became Signify N.V. The company is listed on Euronext Amsterdam and the NYSE, with notable contributions to technology, including the development of the Compact Cassette and compact disc formats. Philips is a key player in the health tech industry.

Company History 

1890s: Founding and Lighting the Way

• Established in 1891 in Eindhoven, Netherlands, by Frederik and Gerard Philips.
• Specializes in cost-effective electric incandescent light bulbs.

1900s: Social Pioneers

• Became the largest employer in the Netherlands
• Invested in housing, healthcare, and sports, fostering social responsibility

1910s: Innovation Takes Center Stage

• Launched the first research laboratory, 'Philips Nat Lab,' in 1914
• Breakthroughs in X-ray tubes marked entry into health technology

1920s: Leading in Design

• Design excellence attributed to Louis Christiaan Kalff

• Iconic waves-and-stars shield introduced with the Philips radio

1930s: Shaping Grooming Trends

• Introduced the Philishave rotary electric razor in 1939

• Symbol of mass-market consumerism

1940s: Post-War Innovations

• Introduced mass-market television

• Innovations in radio and shaver technologies

1950s: Creating Experiences

• Showcase at the 1958 Expo with Le Poème Electronique

• Pioneering 'ambient' experiences, a precursor to Philips Ambient Experience

1960s: Sound of the Sixties

• Introduced the Compact Cassette audio player, setting a global standard.

• Expansion into car and portable radio cassette players.

1970s: Video Age and Global Innovations

• Launched the first video cassette recorder in 1971.

• Continued global innovations.

1980s: Pioneering Digital Technologies

• Leading in emerging digital technologies, including Compact Disc (CD).

1990s: Human-Centered Design

• Adopted 'Design for Life,' focusing on user-friendly products.

2000s: People-Centric Solutions

• Renewed focus on a comprehensive Philips brand experience.

2010s: Leading in Health Technology

• Aiming to improve lives through innovative health technology solutions.

Products and Services

Philips specializes in consumer goods and electrical products, ranging from small appliances like shavers, and beauty devices to healthcare equipment like CT scanners, ECG machines, and MRI scanners which are used in hospitals. 

They also license products such as smartphones, audio equipment, and televisions. In January 2020, Philips announced plans to sell its domestic appliances division, including coffee machines, air purifiers, and air fryers.

Company Culture 

At Philips, their mission is to enhance lives globally by creating meaningful healthcare innovations. With over 130 years of history in breakthrough research and continuous reinvention, they lead the market. Joining their diverse global culture means putting people first, and supporting team members to reach their fullest potential. Their unique culture fosters individual development.

• Customers first: Prioritize understanding customer needs and provide innovative solutions to enhance satisfaction, setting them apart from competitors.

• Patient safety, quality, and integrity always: Adhere to top standards for patient safety, quality, and integrity, following laws, regulations, and the Philips Business System. Address quality issues promptly and speak up against ethics or compliance violations.

• Team up to win: Work with colleagues across departments to achieve optimal results for both customers and Philips. In their pursuit of success, they foster open and robust dialogues, holding each other accountable for plan delivery.

• Take ownership to deliver fast: Take initiative to achieve company and team goals. Be proactive, decisive, and committed to fulfilling individual roles and duties until tasks are completed.

• Eager to improve and inspire: Show a strong enthusiasm for continuous learning and growth. Utilize Lean methods like problem-solving, daily management, and the Kaizen philosophy to streamline processes and boost efficiency. Inspire colleagues and collectively celebrate successes.

Employee Benefits

• Salary: The Typical Philips Salary Varies, With An Average Of Around US$160,000 Per Year For Senior Managers.

• Financial And Retirement: Retirement Plan, Long Service Award 

• Insurance And Wellness: Accident Insurance, Health Screening

• Leave Policies: Annual Leave, Hospitalization Leave, Medical Leave, Sick Leave, Compassionate Leave, Child Care Leave, Marriage Leave. 

• Perks And Discounts: Flexible Work Arrangment, Staff Discount 

• Others: Flexi Benefits Can Be Use For Dental, Insurance, Wellness And Holiday Claims., Transsport Allowance. 

Company Leadership

Peter Quinlan - Managing Director, Philips APAC: joined Philips in 2007, has held leadership roles in Australia, New Zealand, Singapore, and the Netherlands at the global headquarters. He takes over from Caroline Clarke, departing after a 15-year tenure, including nine years leading APAC. In the face of challenges like staff shortages and financial pressures in APAC's healthcare sector, Quinlan will lead Philips in supporting providers through digital transformation.

Conclusion 

Philips, with 80,000 employees across 100 countries, focuses on personal health, connected care, and diagnosis and treatment. With a 130-year history, Philips leads in health technology, emphasizing a diverse global culture that prioritizes people and individual development.

This article by Aniday has provided a brief overview of Philips Singapore, highlighting the company's history, culture, benefits, and leadership.