With a deep knowledge of consumer needs and a desire to deliver new products in a 30-year cycle, Chenevert drove profound change at United Technology by putting the spotlight on a core of small teams with an operational leadership unit that was given the means, supplies, and freedom to create transformational merchandise. Executing purchases that would establish security was accompanied by an intensive study to rest assured essential goals continued to be reached. At UTC, the focus on practical skill and planning was crucial to presenting concepts that would generate returns that topped consumer’s presumptions.
Usually, conflicts don’t get better without proactive intervention, so by tackling the problem right away, you create a culture of success. Avoid enduring personalities that don’t mesh with the program because value leeches impede the evolution of businesses. People also like to be affiliated with winners because it rubs off on them. Praise and encourage people who bring problems to light quickly. Spend your time with people who are making big wins as you’re the sum of the people you spend the most time with. With the right team, most obstacles are just a bump in the road, value your comrades, and always love your clients. Lastly, reward healthy risk-taking in the pursuit towards growth.
Chosen as President & Chief Executive Officer in April 2008, Chairman in January 2010, and serving those positions till retirement in 2014, Louis Chenevert held the Chief Operating Officer (CEO) post and was the Director of United Technologies as long as 2006. Starting out. Chenevert completed 14 years at General Motors (GM) as Production General Manager in St. Therese. In 2011, for Cargill Inc., he also operated on the Board of Directors. Since 2017, he was appointed as the Chairman of the Congressional Medal of Honor Foundation. Chenevert entered the Merchant Banking Division of Goldman Sachs as Senior Industry Advisor from 2015-2017 and is a representative of the Business Council. In 2005, Chenevert was inducted as a Fellow of the American Institute of Aeronautics and Astronautics.