Case Study

The Philips marketing journey (A)

7 pages
December 2007
Reference: IMD-5-0729

In 2001 Gerald Kleisterlee took over as CEO of Philips amid a financial crisis. The company was about to post its worst ever losses and was being viewed by many as a candidate for takeover or break-up. Kliesterlee engages in a process for re-establishing priorities for Philips and reformulating its strategy from being a conglomerate story to be a high growth electronics play. He knows that the company needs to be more externally focussed and decides to hire a Chief Marketing Officer, Andrea Ragnetti, to provide the impetus. The (A) case ends by posing the question: What should be Ragnetti’s initial plans and priorities?

Learning Objective

To better understand how to create the conditions for outside-in transformation of a complex corporation and to appreciate the bridge brand and customer insights play in linking the customer to the corporation.

Keywords
Positioning, Brand, Customer Focus, Change, Electronics
Settings
World/global
2002-2007
Type
Field Research
Copyright
© 2007
Available Languages
English
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Research Information & Knowledge Hub for additional information on IMD publications

This case study is part of a series
  • Philips marketing journey (B)
  • The Philips marketing journey (A)
  • The Philips marketing journey (C)
This case study is part of a series
  • Philips marketing journey (B)
  • The Philips marketing journey (A)
  • The Philips marketing journey (C)
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The Philips marketing journey (A)
By Seán Meehan
Case reference: IMD-5-0729 ©2007
Summary
In 2001 Gerald Kleisterlee took over as CEO of Philips amid a financial crisis. The company was about to post its worst ever losses and was being v...
Reference IMD-5-0729
Copyright ©2007
Copyright owner IMD Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications

The Philips marketing journey (C)
By Seán Meehan
Case reference: IMD-5-0731 ©2007
Summary
In 2001 Gerald Kleisterlee took over as CEO of Philips amid a financial crisis. The company was about to post its worst ever losses and was being v...
Reference IMD-5-0731
Copyright ©2007
Copyright owner IMD Copyright
Available Languages English
Contact

Research Information & Knowledge Hub for additional information on IMD publications