Kellogg Business Leadership Club Honors Larry Bossidy, former CEO of Honeywell
12/1/2005 - Larry Bossidy, the former chief executive officer of Honeywell International, has been named the recipient of the 2005 Kellogg School Award for Distinguished Leadership. The annual award was founded in 2002 in honor of Dean Emeritus Donald P. Jacobs and seeks to both recognize distinguished leadership that is consistent with the ideals of the Kellogg School of Management and promote Kellogg's commitment to developing leaders of the highest caliber and character.
Bossidy's career included a rise through the ranks of General Electric Company, of which he became Vice Chairman and Executive Officer of General Electric Company in 1984 after starting with the company in 1957. He left in 1991 to become Chairman and CEO of AlliedSignal. During his highly successful stint at the company he was Named CEO of the Year by Financial World in 1994 and CEO Magazine in 1998. He joined Honeywell following the company's merger with AlliedSignal in 1999.
Since his retirement Bossidy has made his mark as an author, writing Execution: The Discipline of Getting Things Done and Confronting Reality: Doing What Matters to Get Things Right.
In the nomination form submitted on behalf of Bossidy, students cited his past comments on cultivating talent as representative of Kellogg's commitment to leadership. “I am convinced,” said Bossidy, “that nothing we do is more important than hiring and developing people. At the end of the day you bet on people, not on strategies.”
The Kellogg School Award for Distinguished Leadership is co-sponsored by the student-led Business Leadership Club and McKinsey and Company.