Louis Chenevert left a lasting impression as the CEO of UTC. He was a leader who believed in setting the example so that others could clearly follow. Louis entered the company with the intention of making it a place that everyone wanted to work at. He changed the culture at UTC by allowing creative thinkers to express themselves and opening himself to fresh ideas. These perspectives helped take the business in a new direction. Louis is a short and long-term thinker who managed to keep UTC on the cutting edge of the technology industry. Innovative minds reshaped UTC into the successful business that it has become.
Technology will continue to change as consumers become increasingly sophisticated with their demands. There will always be a desire for the next new piece of equipment. Louis prepared for this by planning to hire 25,000 people in the United States alone over a three-year period. He believed that this was the type of internal investment the company needed.
Success within the main organization inspires action in its affiliate brands. Chenevert believed in treating his suppliers with detailed attention in order to assist them in delivering a great product. The company outsources a great deal of its activity. This means it is important to maintain effective business relationships. UTC spent 40 million dollars over a three-year period on its suppliers alone.
Great technology is created by people. Chenevert was the type of leader that encouraged his employees to think creatively. He wants them to push past limits and discover new possibilities within themselves. The UTC scholarship program is dedicated to helping talented team members in the organization realize their full potential. The company allows its employees to attend school and study a subject of their choice. UTC pays for the education.
Louis Chenevert hails from Quebec Canada. He attended HEC Montreal. HEC Montreal is the business school of the University of Montreal. Louis completed a bachelor’s degree and set out to have success in the world of business. He had a successful run with Pratt & Whitney that lasted six years before UTC. Louis also worked at General Motors for 14 years. Chenevert decided to resign from his position as CEO of United Technologies Corporation in 2014.