Philips reviews

Management decision making could be faster, need to accelerate.

There is zero training and development - don't believe what the website says, talent management is a joke and is all about internal politicking. Upper management has no vision, and regurgitates visions from other major multinationals. There is zero marketing savvy, strategic vision, or even operational discipline. However the company refuses to acknowledge its faults as bearers of bad news are often ostracized, and people who couch the truth are rewarded. This is a company that is truly lost, manages to attract talent based on the heritage of the brand, but almost all good talent leaves within the first one or two years, (sometimes even within months) once the reality of shoddy management becomes apparent. This is a company that has had zero growth in a decade, posted negative shareholder returns, and undergone 3-4 major reorganizations in as many years.