Winning Now, Winning Later - with David Cote - Ex CEO Of Honeywell
David Cote is the business mastermind who took industrial giant Honeywell from a valuation of $20 billion to $120 billion during his tenure as CEO!
David joins Nick today for a very special discussion about his incredible new book, the power of mind-set, how to maximise short term performance while still planning for the long term, and the challenges of managing complexity and stress.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
To advance in any business you need two things: performance and visibility. You have to do a great job, and you need to make sure it’s being recognised. Many believe that short-term or long-term are mutually exclusive. This thinking is fundamentally flawed, and can be subverted if we realign our perspective. The most important part of taking control of long-term and short-term goals simultaneously, is to capture the correct mind-set. Planning and promises are all part of strategy, but we should never promise something we can’t deliver. We inspire and motivate by showing up and keeping our word. We need to nurture a culture in our organisation that will encourage people to execute strategic decisions, but this begins with recognising the behaviours we wish to engender.
BEST MOMENTS
‘You have no idea how much good you did yourself by how you handled this thing’
’Sometimes you have to take a risk in business and life’
’Success is about accomplishing two seemingly conflicting things at the same time’
’No matter what it is you’re trying to get done, mind-set is the fundamental thing that has to change’
‘Value is one thing. Behaviour is how you do it'
VALUABLE RESOURCES
WINNING NOW, WINNING LATER: How Companies Can Win in the Short Term While Investing in the Long Term (Amazon): https://amzn.to/3fGqTEm
ABOUT THE GUEST
David Cote is Executive Chairman of Vertiv Holdings Co, a global data center products and services provider. Previously, as CEO of the industrial giant Honeywell, he 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. He is the author of, WINNING NOW, WINNING LATER: How Companies Can Win in the Short Term While Investing in the Long Term (HarperCollins Leadership, June 2020).
https://www.linkedin.com/in/davidmcote/
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.
His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Nick’s Facebook page: https://scaleup.vip/FB
Nick’s LinkedIn: https://scaleup.vip/LI
Nick's Instagram: https://scaleup.vip/IG
Scale Up Your Business, coaching/consulting: https://suyb.global
