Anjuman-I-Islam s Akbar Peerbhoy College of Commerce and Economics

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1 Anjuman-I-Islam s Akbar Peerbhoy College of Commerce and Economics 1 A M I R Q U R E S H I R O L L N O. 25 T Y B M S I N D I A N M A N A G E M E N T T H O U G H T S A N D P R A C T I C E S P R O F E S S O R I N C H A R G E : R U P A M A D A M

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3 Company Profile Philips Electronics India Limited, a subsidiary of the Netherlandsbased Royal Philips Electronics, is the leading Health and Wellbeing Company. 3 Today, Philips has a global leadership positions in key markets of Healthcare, Lighting and Consumer Lifestyle. As one of the nation's most well-known and well-loved brands, Philips is a part of practically every Indian's life.

4 Businesses: 4 1. Healthcare (Diagnostic imaging segment including CT, MRI, X-rays.) 2. Lighting (Lamps, Lighting Electronics, Automotive and Special Lighting.) 3. Consumer Lifestyle (TVs, home theatre systems, music systems and DVD players.)

5 Vision & Mission 5 Vision: In a world where complexity increasingly touches every aspect of our daily lives, we will lead in bringing sense and simplicity to people. Mission: "Improve the quality of people s lives through timely introduction of meaningful innovations."

6 Thoughts of Philips: 6 1. HEALTH C A R E 2. E N E R G Y E F F I C I E N C Y 3. I M P R O V I N G S T A N D A R D O F L I V I N G 4. E N V I R O N M E N T P R O T E C T I O N

7 Health Care 7 The Company believes that they can make a difference by removing boundaries in healthcare - with innovative and affordable technology solutions throughout the entire care cycle.

8 Energy Efficiency 8 The Company understands the negative impacts of wasting energy and thus takes every step possible to reduce the wastage of energy. The Company's Lighting sector is dedicated to introducing innovative and energy-efficient applications for lighting.

9 Improving SOL 9 The company through its Lifestyle sector helps its customer to improve their Standard or Living by providing them good quality home appliances and entertainment products at affordable prices.

10 Environment Protection 10 Philips is committed to reducing its environmental footprint in all aspects of its business: in the products, manufacturing, procurement, as well as in the communities where the company acts.

11 Practices of Philips: R U R A L HEALTH C A R E 2. E N E R G Y E F F I C I E N C Y A N D G R E E N P R O D U C T S 3. R E C Y C L I N G P R O G R A M

12 Rural Health Care 12 Philips India is committed to the community in which it lives, works and serves. They firmly believe in making a lasting, positive contribution to the people around us. Villages in rural India desperately need preventive health, education and knowledge-based care.

13 Rural Health Care 13 To meet these needs, Philips is stepping out to those in rural India who need it most. In association with the Trust for Reaching the Unreached (TRU), Philips introduces Arogya Kiran - a project designed to provide quality healthcare to people in rural India.

14 Energy Efficiency and Green Products 14 Philips meets the energy efficiency challenge with its Green Products and by inspiring individuals to make simple changes that can have profound results.

15 Philips E-waste Management Program in India. Recycling Program 15 Philips has tied up with a recycler for collecting, transporting and recycling unwanted / broken down consumer products. Philips offer consumers a convenient way of recycling their unwanted, obsolete and damaged Philips products by dropping them off at convenient locations. The program encompasses 7 major cities across India. Consumers can approach one of the authorized Philips service centres, which will act as collection points for consumer products which need recycling. Their efforts are to expand the network in the near future.

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