Review the background on Honeywell's history and the turnaround led by Dave Cote from 2000-2008 (pp. 1-8). • What do you
Posted: Thu May 05, 2022 9:43 am
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?