![]() ![]() ![]() Upon becoming Honeywell’s CEO in 2002, he encountered an organization on the verge of failure, thanks to years of untrammeled short-termism. With competition intense and investors demanding strong quarterly gains now, leaders all too often feel obliged to sacrifice the investments so necessary for long-term growth.ĭave Cote is intimately familiar with this problem. Short-termism is rampant among executives and managers today, causing many companies to underperform and even go out of business. David Cote, the much-respected former leader of Honeywell International and one of the most successful CEOs of his generation, shares a simple, paradigm-shifting method of achieving both short- and long-term goals. Business leaders often take actions that prop up earnings in the short term, but compromise their companies’ long-term health. ![]()
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