Contributions of Canadian Businessman: Louis Chenevert

Every business organization that Louis Chenevert has worked with has fully benefited from his contributions. Nowadays he is sub-retired, he dedicates his time serving in Goldman Sachs as a private counselor, following his desires and his family. The Louis’s journey of success began where he joined the General Motors after completing his degree in Production Management that he studied at the HEC Montreal. Since Chenevert was committed to his job his promotion was rapid, within a short time, he became the production manager, and later he ended up getting the position of the Production General Manager.

After many years at the General Motors, the chance for Louis Chenevert to shift to another field came, and he joined Pratty & Whitney firm which was an aerospace producer. At that time the economy was not favorable for the company. The efforts of Chenevert boosted the productivity, and within few years there was a substantial increase of the firm in the field of aerospace. This won Chenevert, the promotion of the president of the firm. The Pratty & Whitney firm worked together with the United Technologies Corporation (UTC). The excellent work of Louis Chenevert pleased the head staff at the UTC, and eventually, they hired him to work in their firm. In 2006 Chenevert served as a chairman of the United Technology Corporation, afterwards, he was promoted and became the Chief Executive Officer.

When the market economy started declining Louis Chenevert worked hard to save the company from the losses that several firms were facing. The tactic that Louis embarked on was paying no attention to the predictable intelligence surrounding outsourcing. Most of the firms were being transferred to the countries that would work for low prices so that the cost would reduce. For the UTC, the workers and the engineers were put together in a common location in the state of Connecticut. The reason for doing this was that when people work together getting a solution would be faster and easy. This looked like a useless idea, but it was the best because UTC was able to thrive during the difficult moments.