Louis Chenevert Advice to Entrepreneurs

Louis Chenevert has worked in various companies serving in the top posts. He went to the University of Montreal to pursue a degree in production management; this education equipped him with excellent skills to run any business. Upon graduation, Louis Chenevert went to seek job employment, and in 1993 he was employed as the production manager at St. Therese general motors company; he served for fourteen years later he went to Pratt and Whitney where he also served for about seven years he was devoted as the president of the company to ensure that everything is in order. In 2006, Louis Chenevert was employed at United Technologies Corporation to serve as the Chief operation officer his devotion and passion, and two years later he became the chairman. He has changed the way of thinking of many entrepreneurs by providing new strategies to run the business towards success. He has been in the front line to ensure that upcoming entrepreneurs follow the right path in the industry.

Louis Chenevert has shared the importance of investing in employees this includes providing scholar programs where they are taught in modern technology and new significant ideas to give back to the company. In the United Technologies Corporation, Louis Chenevert ensured that more than 1000 employees were taught on how to generate critical concepts for the company. Also, Louis Chenevert believes in team building as it provides that both the management team and employees are on good terms to share new ideas on how they can improve the company. Louis Chenevert believes that through teamwork it’s possible to achieve much than as an individual.

It’s also essential not to be biased in promoting employees. The promotion strategy should be based on the contributions given toward the company. Louis Chenevert is always on the front line to discourage employing relatives as they can cause biases in the company. When employees are promoted with their contribution to the company they are motivated to work hard.

Louis Chenevert encourages rewarding of employees for any good work done the reaward can be in form of money or day off.

https://www.crunchbase.com/person/louis-r-chenevert#/entity

Success Tips with Louis Chenevert

Why do some people do so well in the business world while others fail? This is probably one of the most researched questions. There are no steps that one can follow to be sure they land safely in the land of prominence. Success is a process, not something that is built as a result of intensity; it is the consistency that matters. Here are some things that we can learn from the prestigious Louis Chenevert:

Patience

Patience is the ability to wait for something to happen while working towards it. It means not giving up when things get tough or take longer than expected.

The success of Louis Chenevert was celebrated after he made a breakthrough at the United Technologies Corporation. It is worthwhile to note that he had been in the industry for more than two decades before this moment. It is what he did for all those years before joining UTC that led to his success in the firm.

Focus

Louis Chenevert says that one thing that led to his success is his relentless focus. He says that you have to be aware of what you are reaching for, and then focus on getting it.

In all the companies that Chenevert worked for, his focus was on improving the welfare of the firm. Focusing on the efficiency of the production led to his promotions in all the firms he worked for in the state.

Good Leadership

Leadership is very vital in the entrepreneurship process. Although you have great ideas, it is not possible to accomplish everything by yourself. This is why you have to be careful with who you chose to work with, and their ability in handling tasks.

When Louis joined UTC, the nation was experiencing a financial crisis. While other firms conducted layoffs, Louis moved the engineers who were in empty sites to other sites that needed their services.

The welfare of the Community

When Louis Chenevert realized that the levels of global warming were rising, he reduced the consumption of water and the emission of greenhouse gasses. As a result, the products of UTC were accepted in multiple nations. He advised other companies to do the same.

https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert