Leading Blog

JUNE 23, 2020

W HEN David Cote became CEO of Honeywell in February of 2002, the company was a train wreck. By taking the right actions to improve operations now, we could position ourselves to improve performance later, while the reverse would also hold true: short-term results would validate that we were on the right long-term path. He did both.

Short-term 274

Short-term Long-term Fixed Costs Efficiency 274

Leading Blog

JUNE 1, 2020

Rather than dispensing simplistic rules, he mentors readers in the development of a mental toolkit for approaching challenges based on how startup markets evolve in real life. Upon becoming Honeywell’s CEO in 2002, he encountered an organization on the verge of failure, thanks to years of untrammeled short-termism.

Books 347

Books Short-term Leadership Long-term 347

Strategy Driven

NOVEMBER 16, 2020

Franchising is a the ultimate definition of scale where a business owner removes themselves completely from operational responsibilities in order to become a coach to others who wish to enter the world of entrepreneurship. For more information on how to franchise your business, visit Franchise Marketing Systems: www.fmsfranchise.com/.

Franchising 65

Franchising System Entrepreneur Strategic Planning 65

Strategy Driven

DECEMBER 29, 2016

Franchising is a the ultimate definition of scale where a business owner removes themselves completely from operational responsibilities in order to become a coach to others who wish to enter the world of entrepreneurship. billion and a boat that is larger than some countries. To read Christopher’s complete biography, click here.

Franchising 51

Franchising System Entrepreneur Strategic Planning 51

Ask Atma

MAY 20, 2012

Examples could come from art, comics, film, music, architecture, economics (weird black markets), music, media, etc… Creating opportunities for team members to communicate and share both creatively and intellectually improves team communications and fosters innovation. The key is to develop determination and commitment for the process.

Team 52

Team How To Knowledge Management Self-aware 52

Harvard Business Review

AUGUST 28, 2018

They had to work in sequence, meaning they had to streamline the operation first — before they could launch their new growth effort. The underlying trouble had been McDonald’s working from an inside-out perspective: what fit with its current infrastructure and operations. The firm’s leaders, convinced the U.S.

Productivity 8

Productivity Products Decentralization Resistance 8

Harvard Business Review

OCTOBER 20, 2011

You can't sit around being fearful; you must act, like Herb Kelleher, who insisted on cutting costs and running lean operations in good times, so that they would be prepared for the next storm, imagined or real. Markets down? Market hype? Empirical Creativity. Well, just staying alive does not produce greatness. He did not care.

Skills 15

Skills Leadership Airlines Long-term 15