Enterprise Risk Management at Honeywell Intl|Enterprise Risk Management|Case Study|Case Studies

Enterprise Risk Management at Honeywell Intl

            
 
Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

Case Details:

Case Code : ERMT-020
Case Length : 13 Pages
Period : 2003
Pub Date : 2003
Teaching Note :Not Available
Organization : Honeywell International
Industry : Aerospace
Countries : Global

To download Enterprise Risk Management at Honeywell Intl case study (Case Code: ERMT-020) click on the button below, and select the case from the list of available cases:

Enterprise Risk Management | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies

Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Shipping & Handling Charges extra

Enterprise Risk Management Case Studies
Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Case Studies by Area
Case Studies by Industry
Case Studies by Company


Custom Search


Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

<< Previous

Introduction

Honeywell, a diversified company dealing in aerospace products and services, control technologies, automotive products, power generation systems, specialty chemicals, fibers, plastics and advanced materials, generated sales of $25,023 million in 2002.

A global leader in control technology, Honeywell's products were used extensively in homes, office buildings, and industrial facilities, military and commercial aircraft, and NASA spacecraft. Honeywell employed approximately 100,000 people in 95 countries. It was one of the 30 stocks that made up the Dow Jones Industrial Average and also a component of Standard & Poor's 500 Index.

Enterprise Risk Management | Case Study in Management, Operations, Strategies, Enterprise Risk Management, Case Studies

Background Note

An invention patented by Al Butz in 1885, the Damper Flapper, led to the establishment of Honeywell. The Damper Flapper, forerunner of the thermostat, opened furnace vents automatically. Butz formed the Butz Thermo-Electric Regulator Co. to market the product but sold patent rights to investor William Sweatt in 1893. Sweatt led the company for the next four decades. The company eventually began producing a burner-control system for fire protection on oil and gas furnaces. Sweatt persuaded manufacturers to redesign furnaces to accommodate controls, thus establishing a new market.

In 1927, the company merged with Indiana-based chief competitor Mark Honeywell Heating Specialties as Minneapolis-Honeywell Regulator.

Honeywell developed precision optics during the Second World War, when the US military sought its assistance in designing instrumentation and control systems for bombers.

During the following decade, Honeywell used computers in control and guidance systems. It formed Datamatic Corporation (1955) with Raytheon to develop data processors. The name Honeywell was coined in 1964.

Honeywell purchased GE's computer division in 1970 and took a stake in French company, Machines Bull. Honeywell bought Xerox's computer business in 1976. That year it merged Machines Bull with a computer company owned by the French government, which purchased Honeywell's interest (after threatening to nationalize it) in 1982...

Excerpts >>


 

Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.