Louis R. Chenevert is a renowned Canadian businessman in the world of CEOs. His significant achievements give him a good reputation in the field of management. The greatest achievement that puts his name in the success that makes him famous is the impact on UTC under his leadership. United Technologies Company has grown tremendously regarding the profit margins due to the strategies of Louis. Getting into a company at a time of economic recession is a challenge. This is because it is quite hard for one to grow the corporation at a time when the economy is not performing as expected.
However, Louis Chenevert proved himself to be a better leader. He defies the prevailing economic conditions and takes United Technologies Companies to greater heights. As seen from the past, most of the great companies during the postwar period are now falling due to reduced profits margin. However, this is not the matter with UTC. The conglomerate is reaping benefits with larger margins in the industry. Louis makes the company among the top in the list of manufacturers both in the USA and globally. Managing to stay on the forefront in the field of innovation and building requires strong leadership aspects.
His extraordinary achievements range from the management of General Motors to leading UTC is the acquisition of Goodrich and International Aero Engines (Rolls Royce). In addition to this, under his leadership, the company has had a successful manufacture and launch of the geared turbofan engine. He confesses that he touches everything that he is passionate about. His love for technology is one of the aspects that gives his leadership great discipline and imagination.
Louis is the 2009 recipient of the Honor Award. This award is given by National Building Museum in the promotion of excellent design, construction, architecture, engineering, and planning. This award recognizes individuals such as Louis who have made significant contributions to the USA’s building heritage. The invention of geared turbofan has significantly contributed greatly to the economization of fuel in the aerospace industry.
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