Winning Now, Winning Later
How Companies Can Succeed in the Short Term While Investing for the Long Term
(Sprache: Englisch)
Business leaders often take actions that prop up earnings in the short term, but compromise their companies' long-term health. David Cote, the much-respected former leader of Honeywell International and one of the most successful CEOs of his generation,...
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Business leaders often take actions that prop up earnings in the short term, but compromise their companies' long-term health. 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.
Klappentext zu „Winning Now, Winning Later “
LEARN HOW TO GROW YOUR BUSINESS IN A TOUGH ECONOMYIn this unpredictable business landscape, everyone is struggling to choose between chasing short-term objectives and creating a secure future for their company, but both are crucial.
As CEO of Honeywell, David Cote understood this dilemma well. He turned the company around despite facing the 2008 recession. In these pages, he shows you how taking the same revolutionary approach might be the smartest business decision you'll ever make.
Presenting a comprehensive solution to a perennial problem, Winning Now, Winning Later is a go-to guide for you and leaders everywhere to finally transcend short-termism's daily grind and leave an enduring legacy of success. This tested and proven approach can strengthen your business like never before and even rescue it from the brink of disaster, no matter how dire the current circumstances may seem.
In Winning Now, Winning Later, Cote shares 10 essential principles for winning today and tomorrow such as:
- Spot business practices that seem attractive in the short term but will cost the company in the future
- Determine where and how to invest in growth initiatives for maximum impact
- Sustain both short-term performance and long-term investments even in challenging times, such as a recession or leadership transition
- Feel inspired to stand up to investors and managers who are solely focused on either short- or long-term company objectives
- Step back and foster independent thinking among those around you
Autoren-Porträt von David M. Cote
As Chairman and CEO of the industrial giant Honeywell over 16 years, David Cote grew the company's market capitalization from around $20 billion to nearly $120 billion, delivering returns of 800 percent and beating the S&P by nearly two and a half times. Currently, David is Executive Chairman of Vertiv Holdings Co., a global data center products and services provider. Since joining as Chairman, the Vertiv stock has risen 250 percent since its launch in February 2020. He was elected to the Federal Reserve Bank of New York in March 2014 and continued through March 2018, as a Class B director to represent the interests of the public. He is a member of the Aspen Economic Strategy Group and former board member of the Council on Foreign Relations and the Conference of Montreal. David holds a number of awards, including the Horatio Alger Award, CEO of the Year from Chief Executive Magazine for 2013, and Barron's Top 30 CEO's globally for five consecutive years.
Bibliographische Angaben
- Autor: David M. Cote
- 2020, 288 Seiten, Maße: 16,8 x 23,1 cm, Gebunden, Englisch
- Verlag: HarperCollins US
- ISBN-10: 1599510219
- ISBN-13: 9781599510217
- Erscheinungsdatum: 24.07.2020
Sprache:
Englisch
Pressezitat
'David Cote turned a failing company into a global juggernaut by transforming the culture at Honeywell, and challenging his people to think and operate differently and, in his words, 'stay hungry.' David's story is both inspirational and highly instructive, and his perspective and the lessons he imparts in Winning Now, Winning Later are relevant not just in business, but in any scenario where one wants to enact meaningful change and achieve great success.' --Robert Iger, Former Chairman and CEO, The Walt Disney Company, #1 New York Times bestselling author
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