How UTC Got its Right Footing During Louis Chenevert’s Tenure

Louis Chenevert has had a solid career at UTC. The business leader began his career at General Motors before joining the Pratt & Whitney arm of United Technologies Corporation. After six years of working with Pratt & Whitney Canada, he was promoted to the position of president of the division. His outstanding performance at Pratt & Whitney Canada earned him a lot of admiration, and he got promoted to the CEO of United Technology Corporation.

Louis Chenevert’s achievements at UTC are countless even by the mere fact he was chosen to head the $100 billion conglomerate. Louis’ feats at UTC are unmatched given that he was able to achieve a lot during his tenure as the CEO. When Louis Chenevert assumed his role as the CEO of UTC, he decided to acquire Goodrich. After a protracted period of negotiations that stretched for over a year, Louis was able to ink the deal and present new opportunities for UTC.

According to Louis Chenevert, the impact of a business leader is determined by their ability to invest in advanced technologies and human resource. From the time Louis Chenevert was appointed the leader of UTC, he made significant efforts to ensure that company leveraged cutting-edge technologies in developing its products. Louis Chenevert believes that investment in the right techniques and personnel will propel a business to unimaginable heights.

One of most prominent illustration of Louis Chenevert‘s commitment to the development of a highly skilled workforce is the Employee Scholar Program which he started. The program offers technical and financial support to the over 40,000 employees of UTC to pursue further learning in the fields of specialization. With over $ 1 billion invested in various educational pursuits, UTC has impacted on the education system of the US more than any organization.

Louis Chenevert was able to achieve more at UTC because he was always thinking about the future. His philosophies guided him in doing the right thing for the company and the American corporate space at large. With heightened competition in the manufacturing industry, Louis Chenevert was able to sustain the growth of UTC through calculated management strategies. Even since his departure from the company, Chenevert has seen success, acting as an exclusive advisor to Goldman Sachs.