Louis Chenevert’s Help for UTC

Standing at over six feet tall, Louis Chenevert‘s height is an apt reflection of the feats he has been able to accomplish all through his career. Most of his working years have been spent working as a CEO at general Motors and his reign at United Technologies Corporation (UTC). French-Canadian by birth, Louis went on with his education at the Universite de Montreal (HEC), attaining a bachelors’ degree in production management.

Having worked for more than 10 years at general Motors, Louis joined the Pratt & Whitney business Unit which was part of the larger UTC. He went on to be elected as the overall president at Pratt &Whitney in 1999. He worked in this position for seven years and was later elected as the CEO and president at UTC.
It is under his leadership at this company that he achieved impressive feats especially as the leader of the conglomerate worth about 100 billion dollars. This was an achievement that most corporate executives are yet to realize even in their entire career. He specifically put his focus towards achieving Goodrich. He finally made through his deal after several months of negotiation, thus acquiring Goodrich at a price of $18.4 billion.
While at the helm of UTC, Chenevert laid his focus more on making the company digital oriented by making use of the most advanced technologies in its operations. This is in addition to his investment in human resource in order to ensure the company remained competitive in the market. Right from the moment he took over the leadership of the company, he made use of his vast experience to turn around the fortunes of the company with the aim of leaving it much better than he found it. He truly believed in the power of technology and the need to have the right personnel who can spearhead the company in the right direction. This was clearly seen in the company’s commitment to the Employee Scholar Program that ensured any employee seeking to pursue further education got the right funding to help improve their skill for the long term development of the company.

Examining Louis Chenevert’s Legacy at United Technology Corporation

The technology industry is changing rapidly. Although this presents a lot of opportunities, it also means that companies must be willing to act quickly. Louis Chenevert is a leader in the technology industry today. As the former CEO of United Technology Corporation during a recession, he had many responsibilities to manage and difficult choices to make.

One of the things that stands out about Louis Chenevert is his commitment to people, regarding employees, customers, and colleagues. He strongly believes in adding value to customers whenever possible. This is one of the reasons that customers loved interacting with his company and his employees loved working there.
Employee Benefits

Another area that Louis Chenevert is passionate about is giving employees proper benefits. At several companies, business leaders try to pay employees as little as possible. Louis Chenevert took the opposite approach during his time at United Technology Corporation.

He believes that employees can be a strong competitive advantage in the market. He paid employees above the market average to attract the top talent in the industry. Over the years, this was a strategy that has benefited his business. Many top employees apply to United Technology Corporation every year.
Sustainability

Louis Chenevert wanted his company to make a positive impact on the environment. He invested heavily in better technology to reduce the environmental impact of United Technology Corporation.

Louis Chenevert is a great leader in the business world. Not only does he treat employees well, but he wants to make a positive impact on the world as well. There are a lot of people in the technology industry who look up to him for various reasons. He is involved in giving back to his local community, and he wants to continue investing in the lives of others in the years ahead, regardless of where he is.