The Corporate office of the group provides strategic planning and control of the autonomous business units, which are run day-to-day by their respective management teams. The corporate office interfaces with all unit companies to ensure that issues and operational challenges are addressed on a “real time” basis and together with unit company management, work to achieve the objective of delivering increased shareholder value.

The roles played by the corporate office can be summarized as:

1. People Management
2. Brand Management
3. New Business Developement
4. Performance and Risk Management

The corporate office is structured along the following units:

Group Directorate
The directorate provides overall vision and leadership for the group’s businesses. The directorate ensures that all corporate objectives and targets are clearly defined and met within the defined period. Creates an enabling environment that empowers Heads to undertake fundamental rethinking and radical redesign of the business processes

Finance & Treasury
The Finance and Treasury department prudently manage the finances of the corporate office with the aim of ensuring liquidity of the office. The team prepares and maintains all necessary books of accounts and financial statements to ensure Management can ascertain a true and accurate view of the financial position of the corporate office at any point in time

Human Capital Advisory
The Human Capital team coordinates the human resources management and administration functions of the Corporate Office. The team is also responsible to set up and supervise HR function for start-up investments and selected business units, facilitate recruitment of first-rate senior executives for the effective management of portfolio investments and update group HR policies based on identified best practices applicable for business units

Legal & Regulatory Affairs
The legal & regulatory affairs unit provides legal, secretarial and administration support services to the Honeywell Group. The unit ensures that the group adheres to the highest standards of corporate governance and regulatory benchmarks and provides legal risk management

Portfolio Management
Portfolio Management is responsible for managing the investments of the group in the business units in line with agreed objectives and expectations. The unit supports management of each unit company to achieve major enhancements to shareholder value. Portfolio management also assists management to formulate strategies and advise on ways to expand existing portfolio of investments to increase shareholder value and achieve sustainable growth

Business Development

• The business development group identifies long term resource requirements of all Honeywell Group project needs
• Evaluates the effectiveness of delivery of projects/contracts over a period as well as overall operational performance
• Ensures that all stakeholders interests’ are well kept and well implemented
• Ensures the proper close out of projects through the documentation and transfer of knowledge and evaluation of project success