The legacy of Louis Chenevert in the United Technologies Corporation is something that has rose the curiosity of many individuals on how he did it.
Louis Chenevert had a normal childhood. He never had anything extraordinary as a baby besides being a self-driven individual. He graduated with a Bachelor’s Degree in Production Management. His lecturers were impressed by his enthusiasm in class. They knew he was destined for greatness.
After his University education, Guy Hachey employed him in General Motors. Hachey was a year and a half ahead of him. Hachey says that Chenevert was the best executive he ever worked with in his career. At the time, they were young individuals hungry for success. They had the same goals and objectives. They both wanted the company to be successful and attain the high positions of the company. Hachey says that he promoted Chenevert to replace him every time he got a promotion. The two entrepreneurs are still friends and have a lot to share about their past success.
Louis Chenevert Way to UTC
Although things were working out well in the General Motors, it was time to move on and get greener pastures as well as unlock the other potential in him.
Fortunately, the Pratt & Whitney Company hired him. The Pratt & Whitney Company is an engine manufacturing company. The unit where he was working improved tremendously, and he got a promotion six years later as their President.
The Pratt & Whitney Company was a branch of the United Technologies Corporation at the moment. When they say the changes that Louis was making in the company, they hired him as their Chief Executive Officer, a decision they have never regretted.
The Impact of Chenevert’s Decisions in UTC
Louis Chenevert made significant contributions in UTC. He raised the values of the shares of the company by almost 200%. This was a great improvement given that the nation was going through a serious financial crisis.
Louis Chenevert also reduced the green gas emissions and water consumption making the company’s eco-friendly and hence more acceptable in many nations.