Louis Chenevert Redefines Success in Corporate Leadership

Posted by WA6 on
The name Louis Chenevert is associated with the United Technology Corporation and the success that the organization was able to experience during his tenure. The greatest triumph at UTC is linked to the management of Louis since he led it to experience a 200% rise in the value of its shares. His gradual rise to greatness did not come in a fortnight, rather, he acquired success over many decades of continuous learning.

Louis believes that the leaders who came ahead of him were able to experience greater challenges. Therefore, he is always ready to learn from anybody who has excellent knowledge than him within a particular field in life. In that manner, Louis has been able to learn from different people. He then combines all the lessons that he has acquired and obtained the greatest results.

Louis traces his roots to Canada, and it is where he learned the skill of business management from his parents who also engaged in business activities. While he was at the helm of leadership at UTC, he started shining, and he ended up leaving a legacy that is admired by many people. UTC greatly benefited from his leadership skills at a time that the economic environment was not favorable for businesses. The stock value of United Technology Corporation successfully grew from a low point of 37% to 117%.

The successful performance of the company greatly benefited the shareholders by providing suitable dividends and availed an adequate amount of money to the company for investing. One of the great leaps made by the corporation in the wake of a successful increase in stock value was the purchase of Goodrich Corp. The later was acquired at $16.4 million, and this is considered to be the biggest deal to be ever made in the aerospace industry.

Louis is a graduate of Montreal University, and he studied product management while in school. His career started with employment as the Production manager at General Motors, and then he proceeded to work at Pratt & Whitney. Upon taking leadership at UTC, he became in charge of the organization and all its subsidiaries. Although he stepped down in 2014, the record that Louis has set for himself is great, and it continues to be used as a reference point by many leaders who desire to be like Louis Chenevert.