The Legacy Left by Former UTC CEO Louis Chenevert

Since he joined the United Technologies Company, Louis Chenevert made an impressive achievement in building the company to become one of the leading manufacturing companies in the US. He led the company to grow significantly within a short period considering he was appointed as the CEO when the world was facing hard economic times during the recession. Louis Chenevert dedicated himself to work wholeheartedly to ensure the company achieved its objectives as expected. He could never bear the situation where companies had to lay off some of their employees to battle the secession crisis. He moved some of his aerospace engineers to Connecticut division where they could engage in any available work to avoid layoffs.

Louis Chenevert continued the company’s efforts in diversifying investments concentrating on two broad markets in building commercial technologies and aerospace where this diversification of businesses has made the company to accumulate more assets and wealth in skills and expertise. The aerospace division has been able to deliver world-class airplanes in commercial and military sectors which have been achieved with the application of Louis Chenevert’s strategies. He adopted the complimentary technologies system which drives the company in delivering customer satisfaction. He likes to seek balance in the business portfolio as demand sometimes varies and when there is a downfall on one side, they can be able to compensate on the other side.

Louis Chenevert combined long-cycle technologies to produce and market high-quality commodities through observing high levels of discipline to compete with ever-changing technologies in every sector in the worldwide market. Chenevert said that knew discipline was the only thing that would help them achieve their vision by keeping track on a long-term market strategy. Therefore he developed a strong sense of imagination and success which he knew it was not easy to realize within the same cultural organization but only with a dedicated team. Louis Chenevert ensured his employees were happy and enjoyed their job by encouraging them to produce revolutionary products and this is how the company was able to develop the commercial jet engines which ranked as the friendliest and fuel-efficient engines ever produced up to date.

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