There is nothing that boosts the esteem of a young business person like a success story of a person in the same field. Many investors globally continue to employ the tactics of Louis Chenevert to run their businesses. Louis is recognized as a successful business person globally. He is one of the most influential businessmen.
Louis Chenevert is known for his legacy as the Chief Executive Officer of United Technologies Corporation (UTC). This was the peak of his career. Like any other entrepreneur, Louis Chenevert journey began small long before UTC.
Louis Chenevert acquired his business fundamentals in HEC Montreal. HEC Montreal is a business school affiliated with the HEC Montreal University. Chenevert never wasted his theoretical skills. He used the knowledge to venture and expand in his career.
Before working with UTC, he began by working for General Motors, where he worked for 14 years since 1993.Before he left the Company, he worked as a Production Manager. He later got a chance to work with Pratt & Whitney, an aircraft engine manufacturer. The company’s unit improved tremendously, and this led to his promotion. He was made the chief executive officer of the company in less than six years in the firm.
Under the leadership of Louis Chenevert, UTC was described as an exception. It is one of the firms that have been able to overcome harsh economic conditions. It has also got past the foreign competition and culture change. The Company has not gained all this by oppressing their employees.
Louis Chenevert is a futurist. He believes in investing in future technology. Louis saw the high tech innovation technology as a breakthrough to the economy of the United States. To Chenevert, innovation was not limited to technology. It also included the human labor. Whenever he spotted engineers in a site that was no longer productive, he transferred them to Connecticut where they would be of use.
The current UTC chief executive officer, employees the strategy of Louis Chenevert. He believes by so doing; the company is going to maintain the high-profit margin. He also ensures that the employees are educated to keep up with the changes in the field. By so doing, the employees are more productive.