Jan Timmer is often recognized as 'that man from Philips'. He worked there all his life, and was president from 1990 to 1996. Now he tells the story of both that man and that company. How fascinating and varied a career at a multinational can be, how many opportunities there are for development. In addition, he offers insight into the complex decision-making processes of a globally operating group. He describes how the Anglo-Saxon business model, with its emphasis on shareholder value, has had an undesirable influence on business operations, and not just at Philips. He takes a position against the all too easy buy-back of own shares, also by European companies. Timmer also outlines how Europe has become technologically isolated from Silicon Valley and the Far East. How cutthroat competition from Asia has led to the demise of the once dominant Consumer Electronics business. But also how ASML and NXP could grow into successful companies. Timmer is of the opinion that Philips itself was also responsible for the shrinkage of the group. Due to his lifelong involvement with the company, he understands the dilemmas that managers are constantly confronted with. But, Timmer argues unequivocally, Philips could certainly have been more today than it is today.
Author: Jan Timmer
- Dutch
- Paperback
- 2018
- 256 pages
- Publisher Prometheus