Honeywell | Strategy and Financial

Honeywell | Strategy and Financial Highlights Information from ICIS

Edited from: Annual Report and company website

The strategy that was first introduced in 2002 'the four pillars of growth' is the basic foundation of Honeywell's strategy today. It focuses on driving organic growth through its processes and services, innovative products and services and close partnerships with its global customers.

Looking ahead, the outlook for Honeywell is stated as being 'stable'. It is believed that the global economy will continue to be ‘good’, flight hours will continue to increase, capital investment is expanding, job growth continues, and cash flows for most companies continue to improve.

On this basis, Honeywell will continue to focus on a five initiatives programmes. The five initiatives will give the company a path that it believes will ensure that its results are sustainable.

Five initiatives programme includes:

(1) Growth and productivity
(2) Twelve behaviours
(3) Cash
(4) People
(5) Enablers, such as DigitalWorks and Six Sigma.