Review the background on Honeywell's history and the turnaround led by Dave Cote from 2000-2008 (pp. 1-8). • What do you
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Review the background on Honeywell's history and the turnaround led by Dave Cote from 2000-2008 (pp. 1-8). • What do you
Review the background on Honeywell's history and the turnaround led by Dave Cote from 2000-2008 (pp. 1-8). • What do you think went wrong with the way the management team handled the 2001 recession? • What responsibilities did Cote and Honeywell have to investors and other stakeholders (in particular, employees) during the recession? • If Honeywell needed to make employee reductions in response to the recession, should the company pursue layoffs or furloughs? Why?
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