UTC
Strategic Concepts & Mechanics
Primary Evidence
"Today’s new economy firms may be especially vulnerable to simple, rigid incentive plans, as they tend to favor highly ambitious and narrowly focused or even singular goals earlier on in a company’s life cycle. UTC’s experience shows that a single overarching goal can help drive transformation in the short term, but the organization needs new goals after that transformation."
"As early as 1941 Voorbrand received a substantial offer from ME Risien, chief executive of UTC: he was willing to pay £50 000 if Voorbrand undertook not to manufacture cigarettes, thus entrenching UTC’s near monopoly of the market. Stals’s response was swift and categorical: ‘We’re not selling our birthright.’"
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