霍尼韦尔Honeywell International Inc. (HON) 2017年年度报告「NYSE」.pdf

1、2 0 1 7A N N U A LR E P O R TShareowners LetterThis is my 16th and final letter to the shareowners of Honeywell.When I compare where we aretoday with the bleak early days of my first letterwhich appeared in Honeywells 2002 Annual ReportI am reminded of what a tremendously fulfilling experience it ha

2、s been to lead this great company.Those early days are fun to think about,but they sure were unpleasant at the time.Back then,wewere an underperforming,problem-filled company with numerous legacy issues.Now,we are acompany that routinely receives awards for financial,environmental,and community perf

3、ormance.I amproud to have played a role in bringing about all of these positive changes and building the foundationfor the company we are today.When I first came to Honeywell,an analyst asked what I wanted my legacy to be.I said there werethree things I wanted to accomplish.First,I wanted anyone ass

4、ociated with me during my time atHoneywell to be able to say they had done well.Clearly,this has been important to our investors,andthe vast majority are pleased with our performance over time.But employees are investors,too.In arecent analysis,we found that about 2,500 employees and former employee

5、s had become 401(k)millionaires.These were by no means only executivesin fact,94%of them are below the executiveband level,and some have salaries in the low$40s.To be able to create this level of wealth foremployees feels really good.Second,I wanted Honeywell to be a place targeted by recruiters for

6、 leaders of all kinds.Of course,I also wanted Honeywell to be a place where leaders tended to stay because they did well and the workwas fulfilling.I believe we have done very well in developing and retaining leaders as well as manyother talented employees in all disciplines around the world.Third,I