Running a business and doing it so effectively is one of the main challenges that a face many businesses around the world. Having an executive who is conversant with the management of large businesses can even be harder. Large companies are always striving to change the situation and ensuring that they are operating optimally by recruiting the best personalities for the jobs. These companies are trying as much as possible to stay at the top amidst strong competition from other companies. The performance of a company is determined by who is at the top. If you see a business that is performing well, give credit to the person at the top.
Oracle’s profit, cloud growth forecasts drag down shares https://t.co/FfhnGGr2y8
— Louis Chenevert (@louis_chenevert) September 14, 2017
Louis Chenevert is the former CEO of the biggest company in the aerospace industry known as UTC. He was the Chairman and CEO between 2008 and 2014. In these six years, Louis Chenevert did a very great job of facilitating development in the company. At the height of the financial crisis that affected the world in 2008, he managed to keep the company productive throughout. His achievement during this period is one the reason why he is respected in the industry. He made profits while others were losing. Such an achievement is not one you can get away without raising heads.
Louis Chenevert started his career in the auto industry. After completing his degree in production management at HEC Montreal University, he joined General Motors where he was assigned a position of production manager. While working here, he made friends with someone who would transform his life. Hachey Guy was his senior. He is the one who hired him into GM. They made great friendship and a working relationship that was based on the drive to succeed. Hachey knew the potential of Chenevert and never left him behind. Every time he was promoted, he would promise Louis Chenevert to occupy the space he occupied previously.
Louis Chenevert later made a switch to the aerospace industry and joined his friend who had moved earlier. It is at UTC where Chenevert showed his real abilities. He started as a production manager at Pratt & Whitney in Canada and went up the ladder. In 2008, he was appointed the CEO.