Neil I. Patel
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's also, I just would come back around to, I talked to a lot of Silicon Valley CEOs on the show, and they're all in functional structures. Everything rolls up to them and they operate Apple, famously the most functionally organized company in the world. What are the benefits to you of being in that divisional structure? That is the big change.
It's also, I just would come back around to, I talked to a lot of Silicon Valley CEOs on the show, and they're all in functional structures. Everything rolls up to them and they operate Apple, famously the most functionally organized company in the world. What are the benefits to you of being in that divisional structure? That is the big change.
I'm not sure it's the same kind of structure that everyone else is in, but it seems like it's working for you.
I'm not sure it's the same kind of structure that everyone else is in, but it seems like it's working for you.
I'm not sure it's the same kind of structure that everyone else is in, but it seems like it's working for you.
Even at Philips for a long time, you obviously worked inside of that complicated matrix structure. Was it just like a huge relief when you got to say, look, we just need to be divisions?
Even at Philips for a long time, you obviously worked inside of that complicated matrix structure. Was it just like a huge relief when you got to say, look, we just need to be divisions?
Even at Philips for a long time, you obviously worked inside of that complicated matrix structure. Was it just like a huge relief when you got to say, look, we just need to be divisions?
These are all big decisions. This is the other big decoder question. How do you make decisions? What's your framework?
These are all big decisions. This is the other big decoder question. How do you make decisions? What's your framework?
These are all big decisions. This is the other big decoder question. How do you make decisions? What's your framework?
Let's put this into practice. Philips is currently in litigation over 15 million defective sleep apnea machines and ventilators. The FDA says that led to over 500 deaths. You're under a consent decree in the United States. You have to stop selling those products. You have to give up some of your revenue on the products you are allowed to keep selling.
Let's put this into practice. Philips is currently in litigation over 15 million defective sleep apnea machines and ventilators. The FDA says that led to over 500 deaths. You're under a consent decree in the United States. You have to stop selling those products. You have to give up some of your revenue on the products you are allowed to keep selling.
Let's put this into practice. Philips is currently in litigation over 15 million defective sleep apnea machines and ventilators. The FDA says that led to over 500 deaths. You're under a consent decree in the United States. You have to stop selling those products. You have to give up some of your revenue on the products you are allowed to keep selling.
There's compliance for five years with inspectors and regulators. There's evidence presented in court as part of this litigation that says even as questions arose about these products, you said Philips could keep selling them. How did you make that decision?
There's compliance for five years with inspectors and regulators. There's evidence presented in court as part of this litigation that says even as questions arose about these products, you said Philips could keep selling them. How did you make that decision?
There's compliance for five years with inspectors and regulators. There's evidence presented in court as part of this litigation that says even as questions arose about these products, you said Philips could keep selling them. How did you make that decision?
So here, the decision was to keep selling the machines. Was that the right decision?
So here, the decision was to keep selling the machines. Was that the right decision?
So here, the decision was to keep selling the machines. Was that the right decision?