Quotes About Honeywell

We had also created 2,500 401(k) millionaires because employees had invested in Honeywell, with 95 percent of them below the executive level and the lowest compensated earning an annual salary of only $43,000.

You never asked!" So many companies struggle with R&D because technology and marketing folks don't communicate. This was certainly the case at Honeywell. To address the problem, we mandated that technologists and marketers collaborate closely on R&D projects from the very beginning. We also created a company-wide, annual event, our Tech Symposium, that convened hundreds of technologists and marketing executives from around the world to collaborate and network.

As you tighten up R&D, you'll be in a stronger position to grow sales even more by expanding geographically. When I joined Honeywell, three-quarters of global GDP occurred outside of the United States, but only 40 percent of our sales originated there. That thirty-five-point gap spelled opportunity.