As if he has some success syndrome disease, every organization that he has ever worked with has turned out to be very successful. This Canadian business guru Louis Chenevert remains a legend in many organizations for his enormous contribution to their success. This is the kind of person every organization long for because they know; their overall success will be guaranteed. Currently, he works with Goldman Sachs as the Senior Advisor and has enough time to pursue his interest and of course for his family.
The success story of Louis Chenevert began when he started working with General Motors after the completion of his Bachelor’s Degree in Production Management from the University of Montreal. His skills and diligence saw him ascend very quickly to the highest rank as the Production Manager and later became the Production General Manager where he was tasked with overseeing production for 14 years.
Being the Chief Executive Officer at United Technologies Corporation, which is among global companies, he used to receive various ideas that sprung from executive members and even other staffs that had an understanding of what was happening in the market and what really customers needed. This made him take another approach of thinking about acquisitions and that led to the acquisition of Goodrich Aerospace. His focus on producing results that exceed the expectations of the customers has always enabled him to bring ideas into a reality.
According to Louis Chenevert, every entrepreneur should embrace a relentless focus, be open-minded, passionate and be optimistic in everything they do especially in this digital era where technology is making things move really fast. As an entrepreneur, never tolerate anyone who does not align with your agendas instead you need a team of people who will help you sail the storms and meet the needs of the customers.
During his time at UTC, he is remembered for the efforts that he put in place to salvage the company from the economic recession of 2006. The decision he made of moving against what the majority were doing and deciding to move engineers and workers to the United States in one location was a wise decision. This made the stock value of UTC to rise to $117 per share from $37.