Category Archives: Investment

The Attributes of a Successful Investor with Louis Chenevert

Louis Chenevert is the king of the business world. Every time you want to discuss the success of UTC, you cannot avoid his name. This is because of the advancement that he made in the company. Chenevert served as the CEO of UTC from 2006 to 2014. In his reign, he stretched the limits of the firm and pushed it to the next level.

Louis Chenevert has many attributes that have led to his successful career. Here are some of the attributes;

Good Leadership

Leadership in an organization is everything. It is the CEO of the company who determines the sales of the company. Everything that happens in the firm is the responsibility of the CEO.

Louis Chenevert is an accomplished leader. He understands the importance of employees in an organization. He believes that one is only as effective as their team is.

In 2006 when he joined UTC, the nation was going through a tough recession period. Every firm was trying everything possible to remain in business. Some firms sort to shift their production units to other nations where they could acquire cheap labor. Others conducted massive layoffs to reduce the input cost.

Louis Chenevert followed a different direction. He combined all his engineers in a central position where they could team up and come up with ideas to improve the company.

Relentless Focus

Staying focused in the business is crucial. This helps in ensuring that all the objectives of the firm are achieved. Louis says that as a leader you have to stay aligned with the agenda of the firm even when the naysayers say otherwise. You have to conquer the voices against you.

Environmentalist

Besides being a businessman, Chenevert is an environmentalist. He cares about the environment. This is why when he realized that global warming was at a rise, he found a solution. He reduced the consumption of water and the emission of the greenhouse gases.

By so doing, the products of UTC became more acceptable in many parts of the world. This was a win-win for both the company and the environment. He urged other companies to do the same.

https://www.cnbc.com/louis-chenevert/

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

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