Canadian entrepreneur Louis R. Chênevert is well known in the business world for his time as CEO and Chairman of the Board at United Technologies Corporation. It is hard to even mention the multi-faceted company’s name without thinking of Louis and his incredible legacy of success coming to mind. UTC is known for building the worlds most advanced jet engines for both the private and military sector. They also have world-leading elevator manufacturer, Otis Elevator, under their corporate umbrella. Regarding Louis Chênevert’s tenure as the leader at United Technologies, one thing that is certain is that he left the company in better shape than he found it. After earning a degree in business administration from HEC Montreal, Louis embarked on a long and storied career in business that saw him in stints with General Motors and Pratt & Whitney Canada before coming on board with United Technologies. He was named CEO in 2008 and Chairman of the Board in 2010.
Louis’s career at United Technologies along with his advice for success in the business world was the subject of a recent interview. The company saw massive success during Louis’s time as CEO and Chairman, all the while existing in an ultra-competitive business world full of foreign competitors and heavy regulation. Despite this, UTC became the industry leader due to his keen business insight that focussed on meeting and exceeding customer needs and a passionate love of creating innovative, world-changing products. From innovations in jet and helicopter engine design to major acquisitions including Goodrich Aerospace and the winning of the contract for the next generation of the Gulfstream G500 and G600, United Technologies found its self in the best financial position in its entire history. Louis credits his people with these successes as much as himself. His advice to any entrepreneur is to surround yourself with the best people available and recognize them for all that they do to make your business thrive. Look to innovate and delight your customers and you have a recipe for success in the business world.
Interesting development in the aerospace sector: https://t.co/9xzKKNQ3sH
— Louis Chenevert (@louis_chenevert) February 20, 2018