How Leaders Lead with David Novak5 Nov 2020

#20: Dave Cote, Honeywell former CEO—Find Win/Win Solutions by Thinking for Yourself

Today’s guest is Dave Cote, former CEO of Honeywell. Dave led an incredible turnaround at Honeywell. When he took charge in 2002, the company was in dire straits. Dave was in charge for 16 years, and in that time, Honeywell's market cap grew from $20 billion to a whopping $120 billion. And at every point along the way, Dave fought the misconception that leaders have to choose between two seemingly conflicting things. For example: you can either have short-term results or long-term growth, but not both. For Dave, you can have both, but it takes a lot of creative thinking. And you’ve got to be able to think for yourself. You can’t fall into the trap of agreeing with the prevailing opinion or what you “should” do. When you listen to Dave, it comes through loud and clear: great leaders know how to think for themselves. And when they do, they get beyond surface-level answers and uncover truly creative win/win solutions. You’ll also learn: The important mindset you need to lead during tough times (hint: you won’t like it) A genius way to approach your next meeting if you’re trying to reach a good decision What the “Any Ninny” theory of leadership is and how to rise above it How to build trust when you’re in an adversarial environment Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

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