Louis Chenevert great accomplishments at UTC

Louis Chenevert took over the role of CEO at UTC in 2008 and maintained the position until 2014, when he retired from the company. However, in the six years that he was at the helm of the company, he made big changes in the management of the firm and in effect led to great development. The share value of the UTC tripled indicating that the business was performing well in the years that he was in the position. Louis Chenevert achieved great results because he knew where the company needed to be strengthened. He invested heavily in technological innovations and research and at the end getting great result. He did not just look at technology that was coming from outside the company, he invested in research which made UTC come up with innovations that were bot being used somewhere else.

 

Louis Chenevert says that his focus was on improving operational talent and technology. These two were the most import things in the business. He was determined of making the company produce the best products that exceeded the expectations of the customer. He did not want to do things in what people were used to. He wanted uniqueness which would only come through making research a core value in the company. With research, the company was assured that it would continue making profits over and over.

 

Louis Chenevert ensured that the company was reviewing its operations to determine whether they were on track to achieve the goals they had set to accomplish. This is the approach that he applied in management and which helped the company make some very good results. He will always be remembered in the history of the company as the CEO who laid the right foundation for the company to grow. He identified areas that were the most important for the success of the business and that way he managed to grow it thoroughly.

 

Louis Chenevert accomplished his goals at UTC and is now not involved in active management of businesses. He is an adviser to Goldman Sachs. His experience with UTC has given him exposure on a lot of the things that happening the financial industry.