How Philips CEO Roy Jakobs is turning the company around after major recall

1409.117 - 1436.16 Roy Jakobs

The first I said, whilst we were coming from a matrix in which we had businesses making products, regions selling products, and functions giving specific functional expertise like quality or innovation or finance, They had a divide and conquer about who is doing what and we had a joint P&L. I said I put businesses in the lead and the businesses take care of serving a specific segment.