About Louis Chenevert
Canadian entrepreneur Louis Chenevert is also a past CEO at UTC (United Technologies Corporation). UTC is the first global American high-technology manufacture, research, and development agency. Besides UTC, Louis Chenevert also served as the Production General Manager at General Motors and Canada’s Pratt Whitney. At UTC, Chenevert was crucial, and his legacy lives on at the company.
Established on Chenevert’s legacy and stewardship, UTC models the most advanced global jet engines for military and commercial use. UTC controls most of the air conditioning, refrigeration, and heating industry. UTC also manufactures Sikorsky helicopter units and has other multiple aerospace system sections that assemble flight controls, sensors, landing gears, actuators and brakes among other pieces of aeronautical equipment. Visit utc.com to know more about Louis Chenevert.
At UTC, Chenvert achieved astounding deeds, for instance, he pushed his company to reach significant market gains and acquire Goodrich. After spending several years in discussions, Chenvert arrived at the multi-billion Goodrich acquisition. Goodrich acquisition is considered as one of his trademark arrangement that embodies remarkable persistence and business insight.
GTF is also considered as Chenevert’s favorite scheme and among his high ranking achievements. GTF was selected as the Airbus alternative, setting Pratt Whitney as the most prominent commercial narrow-body jet engine agency.
The dawn of 2011 was Louis Chenevert’s most significant year of accomplishments where he expected the expansion of alternative supplies that would help jet engines to provide more thrust. This concept of fan decoupling had an excellent potential to succeed in newer and more significant engine configurations.
Notably, Chenevert assisted UTC in establishing a duty to spend in high-class technology that continues to inspire the company’s current growth. Below, Chenvert shares some outstanding counsel to help company managers excel at their crafts just like he did.
Investing in the Future Success
Louis Chenevert says, for any business to succeed in the future, companies have to invest in both employee training and the latest technologies. Louis Chenevert believes capable managers to be ones
that realize full business responsibility and embark on a mission to advance the company forward. He says that the best way to show business involvement is by investing in the workforce and innovation.
Chenevert advices company managers to not only embrace short-term performance but also reflect upon the long term success of their businesses. He agrees that future success is a thing worth investing in and that by spending resources on employee training and new technology, company managers would be setting up an agency for future success. Investments not only assist the workforce to manage their time productively but also establish additional job opportunities as well as advance the company’s economy. Besides, a well-trained workforce is more likely to share new concepts, as such, well-poised to reciprocate the resources used in their training.
Chenevert insists that company managers have to realize that its the workforce that originates new ideas, hence without saying it, it is very crucial to invest in employee training. For his former company UTC, the company has established an apprentice academic calendar to help the employees persevere lifelong practice. Fundamentally when an organization educates its workforce and invests in new technology, such a business is poised for significant future success. Read more at Forbes.com.