When it comes to the legacy of United Technology Corporation, Louis Chenevert is known to be the reason for its outstanding success. Louis Chenevert accomplished a lot during his tenure as the C.E.O of the company. He majorly focused on innovation and the company’s employees. He ensured that the workplace was conducive for the employees to work. He reasoned that the success of the company without its employees would be in vain. Louis Chenevert’s quest for innovation led to the birth of the geared turbofan engine. This invention was made when he worked at Pratt & Whitney.
Louis Chenevert was born in Quebec, Canada. He did his bachelor’s degree in HEC Montreal where he studied production management. After graduating, he worked for general motors for 14 years before joining Pratt and Whitney. Six years after joining the company, Louis Chenevert became the president. He was awarded an honorary doctorate from the university he studied in after becoming the president of United Technologies Corporation in 2009. He brought the two companies together. He realized that the geared turbofan engine was going to be a successful invention if the companies invested immensely in it. His realization led to increased profits for the company. (Learn Louis Chenevert’s Business Successes Past, Present and Future)
The paramount reason for the company’s success was Chenevert’s knowledge on recognizing and investing in new technology. His idea of employing next-generation talents proved to be a pivotal motivator to the company’s success. Under his tutelage, the company was able to develop a study program for its employees. It footed the bill for some of the employees to pursue degrees in areas of interest. Louis Chenevert knew that investing in the company’s workers would lead to its success.
Louis Chenevert was a crucial figure in ensuring United Technologies Corporation’s rise as a global entity with numerous investments worldwide. Due to his contribution, the company is developing into the future fostering growth into immerging and existing markets. Louis Chenevert guided UTC towards a competitive edge required for sustainable economic growth worldwide. Find Related Information Here.