Winning Now, Winning Later
How Companies Can Succeed in the Short Term While Investing for the Long Term
About the summary
Business leaders often take actions that prop up earnings in the short term but compromise their companies’ long-term health. Upon becoming Honeywell’s CEO in 2002, David M. Cote encountered an organization on the verge of failure. To turn the company around, he and his team adopted bold operational reforms and counterintuitive leadership practices that enabled them to pursue strong short- and long-term results. The outcome was phenomenal. Presenting a comprehensive solution to a perennial problem, Winning Now, Winning Later is a go-to guide for leaders everywhere who seek to leave an enduring legacy of success.
In This Summary You’ll Learn:
- To think independently and foster independent thinking among others.
- To spot practices that seem attractive in the short term but will cost the company in the future.
- To sustain short-term performance and long-term investments even in challenging times, such as during recessions.