The Issues (analysis questions) for this case study (see below after instructions). Your answers must present a research-based rationale citing outside sources when used. Each answer must be clear, concise, and free of grammatical and spelling errors. Journal articles and books must be referenced according to APA style (the library has a copy of the APA Manual).

After you have completed your assignment, submit it using the Submit button in the upper right-hand corner of your screen by the due date.

CASE ISSUES

1A) After reviewing the background section on Honeywell's history and the turnaround led by Dave Cote from 2002-2008, what do you think went wrong with the way the management team handled the 2001 recession?

1B) How was Cote able to achieve Honeywell's turnaround?

1C) What was at stake for Honeywell during the Great Recession?

1D) What do you think Cote was most concerned could go wrong?

2) What are the responsibilities of Dave Cote and Honeywell to investors and employees during the recession?

3) Which should Honeywell use - layoffs or furloughs - if it needs to make employee reductions as part of its recession response?

4) Which, if any, of the additional employee hiring, compensation and benefit adjustments should Honeywell NOT make to reduce workforce-related costs? Why those and not the others?

5) If you were the CEO of Honeywell, would you accept a bonus for 2009?