Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long

Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long Term

By David M Cote

Business leaders often take actions that prop up earnings in the short term, but compromise their companies' long-term health. David Cote, the much-respected former leader of Honeywell International and one of the most successful CEOs of his generation, shares a simple, paradigm-shifting method of achieving both short- and long-term goals.

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Book Information

Publisher: HarperCollins Leadership
Publish Date: 07/20/2021
Pages: 288
ISBN-13: 9781599510316
ISBN-10: 1599510316
Language: English

Full Description

LEARN HOW TO GROW YOUR BUSINESS IN A TOUGH ECONOMY

In this unpredictable business landscape, everyone is struggling to choose between chasing short-term objectives and creating a secure future for their company, but both are crucial.

As CEO of Honeywell, David Cote understood this dilemma well. He turned the company around despite facing the 2008 recession. In these pages, he shows you how taking the same revolutionary approach might be the smartest business decision you'll ever make.

Presenting a comprehensive solution to a perennial problem, Winning Now, Winning Later is a go-to guide for you and leaders everywhere to finally transcend short-termism's daily grind and leave an enduring legacy of success. This tested and proven approach can strengthen your business like never before and even rescue it from the brink of disaster, no matter how dire the current circumstances may seem.

In Winning Now, Winning Later, Cote shares 10 essential principles for winning today and tomorrow such as:

    • Spot business practices that seem attractive in the short term but will cost the company in the future
    • Determine where and how to invest in growth initiatives for maximum impact
    • Sustain both short-term performance and long-term investments even in challenging times, such as a recession or leadership transition
    • Feel inspired to stand up to investors and managers who are solely focused on either short- or long-term company objectives
    • Step back and foster independent thinking among those around you

About the Author

As Chairman and CEO of the industrial giant Honeywell over 16 years, David Cote grew the company's market capitalization from around $20 billion to nearly $120 billion, delivering returns of 800 percent and beating the S&P by nearly two and a half times. Currently, David is Executive Chairman of Vertiv Holdings Co.

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