{"product_id":"winning-now-winning-later-how-companies-can-succeed-in-the-short-term-while-investing-for-the-long-term-9781599510217","title":"Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long Term","description":"\u003cp\u003e\u003cstrong\u003e\"One of the best guides ever on how to lead a company...the \u003cem\u003eWar and Peace\u003c\/em\u003e of books on corporate leadership.\" --Fortune Magazine\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003e\u003cstrong\u003e\"Both readable and a practical guide for managers.\"--The Economist\u003c\/strong\u003e\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eDave Cote just delivered the \u003cem\u003eWar and Peace\u003c\/em\u003e of books on corporate leadership... meet s] the biggest challenge in corporate America: balancing the short-term success demanded by investors with sowing the seeds for rewards that will only be harvested years hence, but are essential to achieving greatness. --Fortune Magazine\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eBusiness 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.\u003c\/p\u003e\u003cp\u003eShort-termism is rampant among executives and managers today, causing many companies to underperform and even go out of business. With competition intense and investors demanding strong quarterly gains now, leaders all too often feel obliged to sacrifice the investments so necessary for long-term growth.\u003c\/p\u003e\u003cp\u003eDave Cote is intimately familiar with this problem. Upon becoming Honeywell's CEO in 2002, he encountered an organization on the verge of failure, thanks to years of untrammeled short-termism. To turn the company around, he and his team adopted a series of bold operational reforms and counterintuitive leadership practices that enabled them to \"do two conflicting things at the same time\"--pursue strong short- \u003cem\u003eand\u003c\/em\u003e long-term results. The outcome was phenomenal. Under Cote's leadership, Honeywell's market cap grew from $20 billion to $120 billion, delivering returns of about 800%, two and a half times greater than the S\u0026amp;P 500.\u003c\/p\u003e\u003cp\u003eOffering ten essential principles for winning both today \u003cem\u003eand\u003c\/em\u003e tomorrow, this book will help readers to\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eSpot practices that seem attractive in the short term but will cost the company in the future\u003c\/li\u003e\n\u003cli\u003eDetermine where and how to invest in growth for maximum impact\u003c\/li\u003e\n\u003cli\u003eSustain both short-term performance and long-term investments even in challenging times, such as during recessions and leadership transitions\u003c\/li\u003e\n\u003cli\u003eFeel inspired to stand up to investors and other managers who are solely focused on either short- or long-term objectives\u003c\/li\u003e\n\u003cli\u003eStep back, think independently, and foster independent thinking among others around them\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e Presenting a comprehensive solution to a perennial problem, \u003cem\u003eWinning Now, Winning Later\u003c\/em\u003e is a go-to guide for leaders everywhere who seek to finally transcend short-termism's daily grind and leave an enduring legacy of success.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e HarperCollins Leadership\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/30\/2020\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781599510217\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 288\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.00lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.10h x 6.20w x 1.20d","brand":"David M. Cote","offers":[{"title":"Default Title","offer_id":36661361082524,"sku":"9781599510217","price":24.64,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_569b47a7-9117-4e95-ab8b-1cd48c6fde8f.jpg?v=1603899279","url":"https:\/\/pastforward.org\/products\/winning-now-winning-later-how-companies-can-succeed-in-the-short-term-while-investing-for-the-long-term-9781599510217","provider":"Past Forward","version":"1.0","type":"link"}