Search
 

Bronze AHA Winner in Enterprise Risk Management

Aggregating Global Risk: Honeywell International

By staff Writer | Updated on November 01, 2010

The global financial crisis got Honeywell thinking about its approach to identifying, assessing and managing risk. While it had a structure in place, finance began to wonder if it was too strict–inhibiting the company’s growth and shareholder value.

“We’ve got a complex organization, with about 120,000 employees and lots of different business models in the different industries we play in across more than 100 countries,” says Kathleen Winters, corporate controller and vice president at Morristown, N.J.-based Honeywell. “Our complex global business activities continuously exposed us to risk. We needed a more comprehensive and integrated framework to pinpoint and analyze these risks to manage them more effectively.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.