The Experience and Qualifications of Louis Chenevert

Technology is an important area that many has vested their interest. Learning details concerning technology is quite impressive for many people even though not all of them are successful in making things better. Technology is dynamic and thus the reason it has made the world a global village. Working alongside technology entails a lot, and those who partake their roles in the field should be appreciated. However, the appreciation should be more exemplary especially for the individuals playing the pivotal role with regards to leadership. Louis Chenevert serves at United Technologies Corporation as the Chief Executive Officer and Chairman.

2008 marks the year that he got to the position of the CEO and president. He later became the chairman in the first month of 2010. This added up to his Directorial Position at the company that started in 2006. That complements his earlier service as the Pratt & Whitney’s president between 1999 and 2006.

His experience never started there as he had served for fourteen years alongside the General Motors as the General Manager on Production at St. Therese operation of General Motors. Besides, he is a participant at the Business Roundtable Executive committee. His role entails chairing the Fiscal and Tax Policy Panel. He is a US-India CEO Forum’s members as well as with the Business Council.

As well, he is among Cargill’s Board members, the Honor Foundation’s Congressional Medal, and Yale Cancer Center’s Advisory Board chairperson. 2005 is the year that she gained induction as a member alongside AIAA.

He has an excellent academic record as seen in his acquirement of a degree in commerce. He is a graduate of the Universite de Montreal, École des hautes études commerciales (HEC). As well, he holds the chairmanship position at the International Advisory Committee of HEC Montreal. With regards to HEC Montreal’s friends, he is not only the chairperson but also the founding director.

Therefore, nothing is as good as experience in any field, and this is the secret behind the success that Louis Chenevert has continually encountered. This makes him a role model and an excellent example that everyone should look up to especially the future generations.

https://www.cnbc.com/louis-chenevert/

The Chronicles of Louis Chenevert in UTC

Success in business is a result of strategy and good planning. Many investors make mistakes by failing to make calculated decisions. A successful business person is open-minded and is creative. Sometimes things will fall out of place, and no predicted solution will work. This calls for the investor to think outside the box to see the business survives.

Take for instance Louis Chenevert, who made a legacy that will be remembered for years in UTC. When he joined the firm as the CEO in 2006, every firm was feeling the hit of the financial crisis. Many investors relocated to other countries in search of cheap labor to sustain their companies. Louis Chenevert saw this as a way of destroying the companies because to him cheap labor is equal to cheap services. What did Louis Chenevert do? He moved the employees of UTC to other sectors of the firm where their skills would be valid.

Louis Chenevert mechanisms of running a business are very effective in any conglomerate. He has been part of more than 50 companies that have accomplished significant results. For UTC, the eight years he served as their CEO is still having an impact on the company now and will still do, years to come. Louis Chenevert not only focused on the present progress for UTC but its future as well.

Louis Chenevert led the company to invest in high technology. He believed that this was the best strategy to secure the future of the USA. This is true because UTC is expected to offer 25000 more employment opportunities in the near future.

Louis Chenevert also made acquisitions that have been very fulfilling in the long last. Before he was appointed CEO of UTC, he was the President of Pratt & Whitney Company, which is an engine manufacturing firm. While he was working in the firm, he saw the potential of the GTF engine. When he joined UTC, he married off the two companies. Louis Chenevert is also renowned for crossing the most expensive aerospace deal in the USA for buying Goodrich at $16 billion.

Louis Chenevert is currently leaving a semi-retired life to spend time with his family and pursue his interests.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx