Former Chairman & Chief Executive Officer, Honeywell
Search every verified David Cote interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. David Cote, former chairman and CEO of Honeywell, appeared on the podcast "Action Catalyst" in September 2022 to discuss his book "Winning Now, Winning Later." During the interview, Cote described his approach to balancing short-term performance with long-term investment, stating that while he could grow earnings at 14 percent, he chose to grow them at 10 percent in order to reinvest the difference into initiatives such as globalization, new products, and process improvements. He also noted that telling investors or a boss that performance will be poor for three years before improving is typically not well received, as they may seek alternatives in the meantime. Cote also discussed the importance of reliable accounting systems, saying that accounting was Honeywell's primary information system and that unreliable data would lead to poor decisions about profitability. He reflected on his tenure at Honeywell, where he grew the company's market capitalization from approximately $20 billion to nearly $120 billion, and he encouraged listeners to connect with him on LinkedIn.
“Accounting was our primary information system so if we couldn't rely on what was coming out of the accounting system we would make bad decisions because we would think things were more or less profitable than they actually were and we needed to start there.”
“I've always said that advancement requires two things: performance and visibility. If you're an average performer, it's not going to make a difference, but you've got to have visibility for it. People who can make a difference in your career have to see it.”
“Life and business are always about trying to accomplish two seemingly conflicting things at the same time. It's not just about balance; it's about trying to figure out if there's something you can do that will benefit both of those conflicting goals. You want both low inventory and good customer delivery, high prices a...”
“As a leader, don't panic. If there's one thing an organization can't handle, it's if a leader is panicking. Leaders need to be really good at independent thinking. You shouldn't be trying to achieve consensus on anything, especially when you're dealing with a bunch of unknowable stuff. Your job is to get all the facts...”
Is it possible to succeed in the short term while investing in the long term? Former Honeywell CEO, David Cote, explains how you can have both in his new book, “Winning Now, Winning later.” Cote shares stories from his new book as well as lessons and principles that have helped him to advance quickly in his career and weather seasons of adversity while planting seeds for future growth.
How do you balance getting what you want now without mortgaging your future? Or on the other hand, how do you avoid have ZERO fun today while you prep for a rosy tomorrow? We often recommend that you look at your situation as if you're a business, and today we'll talk to a man who led one business to amazing results, the former CEO of Honeywell, David Cote. Plus, the cryptocurrency market value has topped $1 trillion, with Bitcoin now worth over $38,000 a coin. Feeling the itch to jump into the Wild West of investing? We won't stand in your way, but we do have a few stories about us selling…
Vertiv Chairman Dave Cote joins 'Squawk on the Street' to discuss why he expects AI-driven data-center growth to remain positive for at least five years, how machine-to-machine AI is beginning to reshape business operations, and much more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futu…
David Cote, Vertiv executive chairman and former CEO, joins CNBC's 'Squawk on the Street' to discuss AI demand, his reaction to the Trump administration's new fee on H1-B visas, and much more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest…
In today's business landscape, sustainable success requires more than reacting to the pressures of growth and disruption—it demands vision and disciplined execution. In this episode, Mimi and Dave Cote, former Honeywell CEO, discuss running a conservatively bold agenda, the art of industrial innovation, and lessons from Dave's transformative leadership journey.
Credit: CNBC Vertiv David Cote Executive Chairman December 2019.
David Cote, Vertiv executive chairman and former Honeywell CEO, joins 'Squawk on the Street' for an impromptu visit to discuss ...
Subscribe to Charles' Alpha Investor newsletter today: https://secured.banyanhill.com/journey/WMC-CMZMIRACLE-001/1?promocode=PCMZ4700&organization-abbreviation=BHP Be sure to subscribe to my podcast so you don't miss an episode: https://the-charles-mizrahi-show.captivate.fm/listen In this episode of the Charles Mizrahi Show, we sit down with Dave Cote, former CEO of Honeywell and current Executive Chairman of Vertiv Holdings Co.(NYSE: VRT). Join us as we delve into a compelling conversation about leadership, overcoming business challenges, and the transformative role of AI in the tech indu…
Originally broadcast Aug. 3, 2020 --- My guest today is David Cote, the 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, a global data center products and services provider. He is a member of the Aspen Economic Strategy Group and on the Boards of the Council on Foreign Relations and the Conference of Montreal. The topic is his boo…
Watch David Cote, former Chairman & CEO of Honeywell and the Author of Winning Now Winning Later, at the IndustryNext Conference - “From Recovery to Growth: Rapid Acceleration Through Transformational Leadership”. David Cote shares his mantra on managing conflicting situations with the Industrial OEM leaders. He also talks about his learnings across decades of industrial experience. Learn the importance of aftermarket and how any industrial organization can accelerate their journey towards growth with the help of transformational leadership from one of the most successful leaders of a leading…
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