Honeywell and the Great Recession (A) Harvard Case Solution & Analysis

Dave Cote, CEO of Honeywall, and his executive team put the significant efforts to turnaround the ailing company, but in 2008 they encounters with a challenge: what are the ways to protect the business from the consequences of the Great Recession. However, none of them really wanted to lose the position they secured in the last six years.

The falling demand requires to cut the business expenses in all of the operations. Whether the company should pursue the strategy of employee layoffs or unpaid leaves to reduce the workforce, and whether they should freeze the recruitment process. The company might pursue the choice to bring changes in the compensation programs and benefits of the employee and executives. However, each of the alternatives required a great deal of attention to handle carefully because it might derail the company’s momentum.

Honeywell and the Great Recession (A) Case Solution Other Similar Case Solutions like

Honeywell and the Great Recession (A)

Share This