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Roy Jakobs

👤 Person
462 total appearances

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

We also see it already in business units, and we have been working on that to kind of how can we bring these parts down. But also, I always say kind of there's part of you have... the structure out there of products that are serving the market that you need to act fast on. And then there is what is that you bring out new as innovation and you make sure that actually that has the highest standard.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

We also see it already in business units, and we have been working on that to kind of how can we bring these parts down. But also, I always say kind of there's part of you have... the structure out there of products that are serving the market that you need to act fast on. And then there is what is that you bring out new as innovation and you make sure that actually that has the highest standard.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

We also see it already in business units, and we have been working on that to kind of how can we bring these parts down. But also, I always say kind of there's part of you have... the structure out there of products that are serving the market that you need to act fast on. And then there is what is that you bring out new as innovation and you make sure that actually that has the highest standard.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

So you work on two parts. One is what is it that you need to address and deal with from the past and actually make sure that you act on that very fast in the right way. And then actually make sure that the first time right, you actually design the products for the future in the way that they are safe, adequate, effective, and really deliver more and better care.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

So you work on two parts. One is what is it that you need to address and deal with from the past and actually make sure that you act on that very fast in the right way. And then actually make sure that the first time right, you actually design the products for the future in the way that they are safe, adequate, effective, and really deliver more and better care.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

So you work on two parts. One is what is it that you need to address and deal with from the past and actually make sure that you act on that very fast in the right way. And then actually make sure that the first time right, you actually design the products for the future in the way that they are safe, adequate, effective, and really deliver more and better care.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

Yeah, I think software has, I think, first of all, a lot of, of course, benefits to give and to offer to healthcare. So I'm very excited about what software can do and what AI can do. But like with any technology, you need to make sure that it's being used in an appropriate manner. So testing, validating, making sure that you have the feedback loops is critically important.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

Yeah, I think software has, I think, first of all, a lot of, of course, benefits to give and to offer to healthcare. So I'm very excited about what software can do and what AI can do. But like with any technology, you need to make sure that it's being used in an appropriate manner. So testing, validating, making sure that you have the feedback loops is critically important.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

Yeah, I think software has, I think, first of all, a lot of, of course, benefits to give and to offer to healthcare. So I'm very excited about what software can do and what AI can do. But like with any technology, you need to make sure that it's being used in an appropriate manner. So testing, validating, making sure that you have the feedback loops is critically important.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

It's one of the reasons why actually I stepped into the National Academy of Medicine initiative, where it's about developing a code of conduct for responsible use of AI in healthcare, because we want to be ahead of it and we want to think through what are the different parts that you need to kind of address to make sure that AI is applied in the right way. and thinking about a few areas.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

It's one of the reasons why actually I stepped into the National Academy of Medicine initiative, where it's about developing a code of conduct for responsible use of AI in healthcare, because we want to be ahead of it and we want to think through what are the different parts that you need to kind of address to make sure that AI is applied in the right way. and thinking about a few areas.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

It's one of the reasons why actually I stepped into the National Academy of Medicine initiative, where it's about developing a code of conduct for responsible use of AI in healthcare, because we want to be ahead of it and we want to think through what are the different parts that you need to kind of address to make sure that AI is applied in the right way. and thinking about a few areas.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

First of all, you need to be very clear on what problem is it solving so that you can be specific around what you measure in terms of how effectively it does it. So the testing validation methods around that needs to be adequate for software testing and evolution.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

First of all, you need to be very clear on what problem is it solving so that you can be specific around what you measure in terms of how effectively it does it. So the testing validation methods around that needs to be adequate for software testing and evolution.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

First of all, you need to be very clear on what problem is it solving so that you can be specific around what you measure in terms of how effectively it does it. So the testing validation methods around that needs to be adequate for software testing and evolution.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

Secondly, you need to kind of, which is very important, what are the data that you use, that they are representative, that actually they make sure that they deliver the right outcome. For example, ethical healthcare, you need to make sure that actually you make it right for the right patient, for the right patient group. So that's another angle that you can look at.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

Secondly, you need to kind of, which is very important, what are the data that you use, that they are representative, that actually they make sure that they deliver the right outcome. For example, ethical healthcare, you need to make sure that actually you make it right for the right patient, for the right patient group. So that's another angle that you can look at.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

Secondly, you need to kind of, which is very important, what are the data that you use, that they are representative, that actually they make sure that they deliver the right outcome. For example, ethical healthcare, you need to make sure that actually you make it right for the right patient, for the right patient group. So that's another angle that you can look at.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

And then also you look at how you go from, I would say, kind of you can start with the lower risk areas. There's a lot of routine tasks in healthcare that you can address. Let me give an example. A nurse spends on average 20 minutes an hour doing admin tasks. meaning they need to kind of write down certain measurements. They need to kind of transfer data from one system to another.

Decoder with Nilay Patel
How Philips CEO Roy Jakobs is turning the company around after major recall

And then also you look at how you go from, I would say, kind of you can start with the lower risk areas. There's a lot of routine tasks in healthcare that you can address. Let me give an example. A nurse spends on average 20 minutes an hour doing admin tasks. meaning they need to kind of write down certain measurements. They need to kind of transfer data from one system to another.