Johnson Controls CEO on Tyco and Business Transformation

The video discusses a strategic shift from automobiles to buildings, emphasizing growth and technology in the building sector. It highlights the company's position in the Internet of Things and its physical infrastructure advantages. The discussion includes market operations in China and the company's market share. The video concludes with insights into the future of electric vehicles and the expected timeline for their adoption.

What was the primary reason for the company's strategic shift from automobiles to buildings?

• To reduce operational costs in the automotive sector

• To merge with a larger company for better resources

• To become a leader in commercial building technologies

• To focus on larger markets with a single management team

How does the company view the role of profit margins in their strategic decisions?

• Profit margins are the sole focus of their strategy

• Profit margins are irrelevant to their strategy

• Profit margins are secondary to growth opportunities

• Profit margins are equally important as growth

What is the company's competitive advantage in the IoT market?

• Their expertise in software development

• Their position as the largest player in physical infrastructure

• Their partnerships with Chinese manufacturers

• Their focus on residential markets

What is the company's approach to manufacturing in China?

• They manufacture in China for both local and global markets

• They do not manufacture in China at all

• They manufacture in China only for the Chinese market

• They manufacture in China for global distribution

What is the company's prediction for the mass adoption of electric vehicles?

• It will happen within the next 5 years

• It is expected to occur in the next decade

• It will never reach mass adoption

• It will happen as soon as fuel prices drop