A Little Wisdom From Louis Chenevert

Louis Chenevert is the man that has been at the helm of United Technologies. During his time at the company, a lot was achieved during this time. The company redefined the military propulsion segment by developing the F135 engine sole source. Louis was also able to lead a team that developed the GTF engine that reduced fuel consumption by 20% and reduced the noise by almost 50%. United technology was able to develop the Airbus-320 Bombardier C series. They were also able to double the speed of helicopter by developing the X2 technologies. To top it all Louis also made history by leading a team to make the biggest acquisition in the history of Goodrich Aerospace worth 18 billion dollars.

This success in different business he credits to maintain a small team that is focused and given all the resources to operate. Louis focused on picking the best in those teams as he believed that a good leader is a sum the team ability. Having this in mind he kept intense reviews on the work done by the different teams. This saw United Technology create a trend of making technology and its constant speed to change accelerate it to the future. However, Louis Chenevert did not start from the top but started from the bottom like any other person but managed to claw his way to the top.

Having earned a Bachelor of Business Administration degree in production management from HEC Montreal, he joined General Motors as a first line supervisor in the assembly plant. Here he learned an important lesson about the importance of the people around you. This lesson propelled him to become the production manager. After 14 years of service for GM, he joined Pratt and Whitney in Canada where he clawed his way to becoming the Vice president of operations and later the president. His journey was not over, he joined United Technologies and started as the COO and later became the CEO before becoming the Chairman.

Currently, Louis Chenevert is retired but he still has some nuggets of wisdom to share with the upcoming entrepreneurs. He believes for one to become successful, they need to put the right team together and constantly inspire and appreciate because their success is your success and their failure is your failure.

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

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