Having the right people as an investment and the right technology are two combinations of assets that can see a company progress well in the right direction. These are the driving principles of entrepreneur Louis Chenevert. He rose to be an exceptional CEO, raising the companies he served to great heights. He is the former Chief Executive Officer of United Technologies Corporation. It was during his tenure as CEO in this Corporation that he put to use the above principles and left a legacy of achievements.
The principle of investing in the right personnel led to the launching of Employee Scholar Program which was meant at equipping the company’s employees with the necessary skills for better performance. The program catered for their higher learning fees in pursuing degrees in their field of choice. This saw the company is equipped with over 39,000 skilled personnel all who benefited from the launch of the program in 1996.
When it comes to caring for our surrounding, UTC remains committed to ensuring our environment is greener by coming up with designs that uphold this. Louis did not fail in this where he made a selling point for the items the corporation was manufacturing. They lowered emissions of greenhouse gases by about 26% among other things. All the company’s facilities had to adhere to same global standards.
While still as the head of UTC, he achieved one of his best accomplishments through pet project. This was an option for the Airbus made Pratt & Whitney as an influential group in making narrow-body jet engine. He oversaw the development of advanced materials which caused the engine burn hotter. This assisted the corporation in meeting their commitment to investing in top-quality innovation. This is what stills facilitates its development and creates job opportunities thereby boosting the Economy of United States.
Chenevert’s leadership skills have also been demonstrated in other areas where he has also served in various companies. Being trusted by several companies to hold top leadership positions shows that Louis possessed some attributes that facilitated their growth. His high-quality management skills can be attributed to her degree in production management which he obtained for the University of Montreal.