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Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success
book

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

by Scott Davis, Carter Copeland, Rob Wertheimer
July 2020
Beginner content levelBeginner
288 pages
8h 23m
English
McGraw-Hill
Audiobook available
Content preview from Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

CHAPTER

5

HONEYWELL

How Cultural Transformation Led One of the Greatest Turnarounds in History

BY SCOTT DAVIS

Images

In early 2002, Honeywell was a company on the verge of complete failure yet was saved by a CEO and a team of mostly unknowns that few gave a chance of succeeding. It rebuilt its culture with Lean manufacturing on the factory floor, then rolled out a complete set of tools to the rest of the entity, the Honeywell Operating System (HOS). The turnaround was multidimensional and required time and patience: fix the factories, seed a culture of continuous improvement, creatively address a portfolio that was stale and well past its expiration ...

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Publisher Resources

ISBN: 9781260468403