Lessons to Improve Your Business Performance, by Louis R. Chenevert

Louis R. Chenevert is a successful entrepreneur who has held prominent positions in several multinational companies. Currently, Chenevert is the president and Chief Executive Officer of United Technologies Corporation, an American company that researches, develop and manufactures a variety of products ranging from building and construction products, security to aerospace engineering. Chenevert joined United Technologies in 2006 as a board member, and after serving for four years, he was elected the president and Executive Office.

Before joining United Technologies, Chenevert served as the president at Pratt & Whitney, from April 1999 through March 2006. He also spent 14 years at General Motors, St Therese operation where he worked as the production General Manager.

Louis R. Chenevert is also the member of executive committees of business roundtable, where he chairs tax and fiscal policy as well as the member of the US-India CEO Forum. He is the chairman of the advisory board of Yale Cancer Foundation Center as well as the Board member for Cargill, the Congressional Medal of Honor Foundation. Chenevert studied at the University of de Montreal, where he graduated with a bachelor of commerce degree in production management.

Besides his successful boardroom career, he is also a writer of inspiring and motivational blogs. Chenevert advises aspiring entrepreneurs enlightening them how to face odds in their businesses. For a market to remain healthy, the kind of workers you hire mainly affects. Therefore, during the hiring process or interview session as the employer, you should go an extra mile beside  educational qualification to investigate the character of the employee on await.

After hiring a suitable employee for your business, that’s not a direct ticket to success. Chenevert adds that the employees are supposed to be taken care of in order to be fully productive. There are many ways of keeping your workers corporative and on the toss. Awarding and giving promotions is one way of stimulating workforce in the company. It also increases the level of competition, and at the end, it yields positive impacts. Another proven method of improving the company`s performance it’s through team building. This creates a union between employees and initiates corporation in the business.

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

Louis Chenevert’s Journey to Greatness

Louis Chenevert is an icon in the business industry and a role model to many who want to venture in the investment world. Louis Chenevert has worked in many organizations, but he is recognized for his legacy in the United Technologies Corporation. He has helped over 50 businesses become successful through his astute ideas and experience. He has also helped other business people around the world who read and follow his mechanisms of running an organization.

Louis Chenevert was born and raised like an ordinary child, and no one knew he would become the great person he is today. Louis Chenevert studied Production Management in HEC Montreal. His lecturers saw his potential and even began finding him jobs before he completed school.

After completing his degree in Production Management, he began working at General Motors. Here he served as the Production General Manager of General Motors’ St. Therese operation. He enjoyed several promotions in the organization and learned a lot about running a business because he stayed in the firm for 14 good years. In 1993, he decided to test new waters and fortunately he was employed at Pratt & Whitney, an engineering company.

He led to a tremendous improvement in the sales of the business, which led to his promotion to the President of the company. It is during his time at Pratt and Whitney that the board of directors of UTC saw his ability to lead and improve a company and offered him the CEO seat of the firm.

Louis Chenevert served in UTC for 14 years and then resigned to pursue his personal interests. When Louis Chenevert was exiting the firm, the firm was enjoying success due to the acquisitions and the strategies he had implemented. This is why there were many questions concerning his resigning. However, they were no disagreements or problems leading to his resignation. He felt it was time to spend time with his family without the commitments that the cooperate world has.

Final Verdict

Louis Chenevert came a long way before making history at UTC. It was the knowledge he had acquired from the past working posts that gave him the ability to lead UTC during a financial crisis and emerge an icon.

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