Leadership, Turnarounds, and the Future of AI - Dave Cote

Subscribe to Charles' Alpha Investor newsletter today: https://secured.banyanhill.com/journey/WMC-CMZMIRACLE-001/1?promocode=PCMZ4700&organization-abbreviation=BHPIn this episode of the Charles Mizrahi Show, we sit down with Dave Cote, former CEO of Honeywell and current Executive Chairman of Vertiv Holdings Co.(NYSE: VRT). Join us as we delve into a compelling conversation about leadership, overcoming business challenges, and the transformative role of AI in the tech industry.Dave shares his journey from leading Honeywell to remarkable success, to steering Vertiv through the complexities of the AI data center market. We discuss the impact of inflation and supply chain issues, and how Vertiv has navigated these challenges to emerge stronger.Listen in as Dave offers valuable insights on effective leadership, managing during crises, and building a high-performance culture. We also explore his new book, "How to Be a Leader: 15 Minutes a Day to Establish Communication, Resiliency, Creativity, and Humility," where he shares practical advice for current and aspiring leaders.Additionally, Dave provides his perspective on American capitalism, the future of Vertiv, and the potential growth of Honeywell under new leadership. This episode is packed with actionable insights and inspiring stories that highlight the importance of thinking differently, staying resilient, and leading with purpose.Tune in for an engaging and informative discussion that will leave you with a deeper understanding of business leadership and the future of technology. Don't miss out on this opportunity to learn from one of the most respected leaders in the industry.Topics Discussed:• Introduction and Catch-Up (00:00:00)• Vertiv's Evolution and AI Impact (00:01:52)• Honeywell Legacy and Capitalism (00:05:30)• Understanding Data Centers (00:08:05)• AI Chips and Liquid Cooling (00:10:11)• The Q4 2021 Debacle (00:17:33)• Turning Around Vertiv (00:31:26)• Leadership and Management Changes (00:33:28)• New CEO and Team Dynamics (00:40:06)• Book Discussion: How to Be a Leader (00:44:09)• Company Culture and High-Performance (00:49:45)• American Dream and Opportunities (00:54:37)• Final Thoughts and Recommendations (00:56:49)Guest Bio:David Cote is a bestselling author, former CEO of Honeywell and the textbook definition of a strong leader. When he took the reins in 2002, Honeywell looked even worse on the inside than it did on the outside. But over the next 15 years, Cote scrubbed the company’s financial foundation and helped its operations thrive. Best of all, he took care of his employees and helped create millionaires among Honeywell shareholders.Resources Mentioned:-How to Be a Leader: 15 Minutes a Day to Establish Communication, Resiliency, Creativity, and Humility [https://a.co/d/bEZS0gu]Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review!