https://www.amazon.com/Man-Who-Broke-Capitalism-America_and/dp/198217644X
Must Read.
These leaders are Cust & Paste from Jacks play book.
Thus the end game ===>> GE.
8 replies (most recent on top)
Honeywell following the Jack Welch way did almost costs many lives when a 150 ft or so chemical distillation column in Hopewell’s (spun off as Advansix) caprolactam plant buckled and almost fell due to going cheap on the mechanical integrity program. 2006 and I worked there. Of course the investigation results were locked away by the lawyers and most that worked there don’t know the final outcome. Seems like the plant was shut down for 40 days or so and the financial impact was listed in the annual report due to lost revenue. Nothing like coming into work and seeing a distillation column slightly leaning
I was there when Honeywell Red and Allied Signal Blue merged and I started seeing all the managers walk around with Welch's book. It wasn't long before all the cost-cutting and other quality-sacrificing would turn Honeywell into the hellscape it is today. I'm only thankful I don't have blood on my hands the way those poor engineers at Boeing did after the 737 Max.
I believe that Burning Platform came from Jack Welch and GE. Squid Game is an appropriate reference. Honeywell certainly doesn't do anything to promote involvement and dedication to the company. We have no opportunity to buy discounted stock, 401K matching only occurs once a year, extra hours are paid at less than industry average. The only thing that Honeywell tries to contribute to employee betterment is words and worthless wokeness training. This wokeness training is dictated by Honeywell's major stock holders, i.e. Blackrock, State Street, and Vanguard. It really looks like Honeywell is struggling and her employees are paying the price.
Welch's idea of capitalism was Squid Game, where every employee was a contestant whose career could be sacrificed to enrich Jack. Eventually, every employee will lose unless they leave the game before it was too late. Wall Street liked him because they also got a cut of the "prize".
Honeywell has followed the same path (where DC was Squid Jr.) with the guards (managers) following the rules of the game, punishing the contestants as needed to enrich themselves and ensure their survival.
@use+1tL3XJHl....
I greatly appreciated your observations/remarks. I'm one of those "old guys" who loves science and engineering and enjoys mentoring and sharing my 40 years of experience/know-how with people like you. You sound like your head is sc--wed on straight and you'll be successful where ever you go.
Your remarks about your peers echos my concerns about Gen Z as a whole, many of whom do present at work as lazy and entitled. They seemingly equate a freshly- minted degree with "knowing it all." Apparently nobody is teaching them that showing some humility and paying your dues is not hazing, it's the gradual process of integrating classroom hypotheticals with how the real world works. That multi-year process is always enhanced by the guidance/mentorship of more "senior" contributors. Clearly, you understood that.
Anyway, I'm sorry you are leaving HW and I wish you good fortune.
Post ID: @hrl+1tL3XJHl
Please read the book.
I am later millennial/early gen Z, Honeywell is my first full time job. I read about Jack Welch at college and had a mentor who worked at GE and told me the stories. It helped make sense of Honeywell, I made a really poor career start coming here but I am lucky to make this mistake early and I have already a new job in November with a very respectable manufacturing/engineering company. Hey @hrl+1tL3XJH you could not be more wrong, its the older guys here who are the very best, they have provided me time, respect and most importantly work ethic and how to deal with the BS. My peers are lazy and self serving, I could learn nothing from them or my managers except perhaps maybe crude Machiavellian politics. I will miss the senior engineers who are just 'seeing out the sentence until retirement' as they say. They are the only ones who still care about quality and integrity.
Jack Welch was a rabid bat who would bite anyone who would believe his stupid business theories, he knew nothing about human social relations whether work, home, or public, he was a total failure.
Honeywell is a good company, always has been but they had to also adjust like any company through the Biden economy. If you are caught up in the negative please leave Honeywell, they need the most motivated, energetic and knowledgeable employees. All you complainers, please leave the company and open positions for the younger and more smart/motivated hires, they will run circles around you older folks at Honeywell!