Louis Chenevert’s Successes at United Technology Corporation

Louis Chenevert is a business person and the former Chief executive officer of the United Technology Corporations. UTC is an American company which studies, develops and manufactures quality technology product. He has worked with General Motors as a General production manager over a period years. Louise got elected as the president when he joined Pratt and Whitney Canada after serving it for few years in 1993. He exercises governance in the company as an obligation of his leadership roles. He, together with the current CEO Gregory Hayes focuses on a business which will increase future investments and advanced technology. According to them, company administration and management imply people’s innovation as well as procedures followed.

Chenevert, upon joining United Technologies Corporation, came up with ways of generating and increasing the profit margin through market shares. In 2006, the American economy was so destabilized, but Louise managed to bring fantastic achievements.

He believed that any CEO must be able to deliver some measurable results in the short –terms but should as well focus on the long-term future of the company. His ideas made the United Technology Corporations overtake once powerful industries such as Bethlehem Steel, RCA, and Zenith.

Through Chenevert’s success in his leadership, UTC assembles most advanced jet engines in the world. Also, it outstands in the heating and refrigeration and air conditioning. It is also the leading company in the making of helicopters in the U.S.

Louis encouraged the UTC company to adapt products which were more friendly to the environment. He also allocated staff work according to their capabilities, and this led to high growth in the economy. However, Louis decided to resign as the UTC CEO in 2014 and joined the Goldman Sachs’ Merchant Banking Division, where he acts as an exclusive advisor. Louise left a legacy with high standards which remains unmatched by other CEOs.

Chenevert is also a mentor to many investors. A big number of investors have been applying Louise techniques to achieve success in their businesses. He had contributed to greater impacts on the corporate world even after he left the business school. In every company that he worked, he led to the general improvement of the enterprise.

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