People in leadership need to analyze their actions critically before action. As such, Louis Chenevert, the former CEO of United Technologies Corporation is one such leader who always had a strategy that was sure to work in favor for the company.
Chenevert worked tirelessly towards the growth of the company and always made sure that he involved the rest. As a graduate in Production Management and his experience were contributors of the successes, he has had.
General Motors was where he started off, and he worked for 14 years. He proceeded on to Pratt & Whitney where his hard work earned him the position of being the president of the company. He took up the role of being the chairman at UTC later.
All along, his leadership skills worked in line with the various companies he has worked for. He is known for his significant contribution towards employee motivation strategies. This is in line with encouraging his employees to apply for the company’s Employee Scholar Program. The program provided by UTC is one that is aimed towards ensuring that its employees gain an advanced education.
Louis Chenevert‘s time with UTC constituted in identifying advanced technology that would highly benefit the company. He believed that it helped the company be ahead of the rest in the industry. UTC has different units involved in different productions. For example, the Sikorsky unit is involved in manufacturing helicopters, and it has become one of the largest manufacturers.
Under Chenevert’s tenure, the company’s Pratt & Whitney unit became the only supplier of the f-35 engine that is used by the US government. One of the deals considered huge at UTC was the acquisition of the Goodrich Company. Chenevert negotiated to an agreement of $18.4 billion. He has also been involved in other deals that have set UTC apart from the rest of its competitors.
A leader needs to have an eye for deal-breaking projects. Chenevert has been able to achieve that over the years. He resigned from UTC in 2014 after a long journey of achievements. In 2015, he took up the role of executive advisor at Goldman Sachs at their merchant banking division.