Louis Chenevert is the most prominent CEO of United Technologies Corporation. No discussion can be held about the growth of this company without mentioning his name. He is one of the corporate executives who have made this company what it is today. His accomplishments speak for themselves and his track record as the CEO of the company is indisputable. He made achievements which improved the company before, during and after his departure from the position of the CEO. After he left the position, his role was taken up by Gregory Hayes, whose main goal has been to maintain the track record left by Louis Chenevert.
Louis worked for the greater good of the company. He ensured that the company performed better under his management than he found it. This is a lesson Hayes tells his employees today. They should learn from the former CEO and work to improve the company before anything else. Louis Chenevert worked for UTC maintaining an innovative approach to work. He intended to improve the company by accomplishing short-term goals and setting up the foundation for long-term goals. He also ensured that he improved the welfare of the employees by creating programs for them to improve their skills.
Louis Chenevert invested mainly in technology and the people. He knew that even if the company had the best technology, it still needed people to run the technologies. He worked knowing that every decision he made was going to have a long-term effect on the company. Louis is used as the reference of good management because everything he did was for the growth of UTC. One of the biggest accomplishments he made at UTC was when he was working as the head of Pratt& Whitney department. He spearheaded the initiative that led to the development of the geared turbofan engine, which is one of the most advanced jet engines in the market today.
Louis Chenevert contributions in UTC inspires the current employees who worked under him and will continue for a long time to come. He set the bar management of the company too high that every other CEO who comes after him will have to work extra hard.