Business, Business Success, Canadian Business, Technology

Louis Chenevert Leading From UTC To Goldman Sachs

Quebec is a province of Canada that has been known for many great things, one might tour Old Quebec or visit Montreal, but Louis Chenevert has had his mind on business it seems like since his birth there. The University of Montreal’s business school, HEC Montreal, set him on his way to big things from a humble beginning.http://frenchtribune.com/teneur/25552-innovative-deals-and-inspired-leadership-characterize-louis-chenevert

 

At first, it was at United Technologies where he was elected as president and then chief operating officer in 2006. UTC, as it is known in an acronym, has international arms that put to work some talented engineers and researchers in order to develop and manufacture an impressive portfolio of products. There are aircraft engines and aerospace systems that emerge from the Connecticut headquarters, and there is a myriad of industrial and commercial products that include escalators and elevators, HVAC systems, and much more.

 

It was not his first time being elected president, as Pratt & Whitney also did the same some years before after realizing that his General Motors experience would help leverage them to new heights. UTC held him in high regard, and as far as his accomplishments were concerned, they left a legacy to be respected. One of these was the acquisition of Goodrich that took over a year to get to go through, but even the early Benjamin Franklin Goodrich of the late 19th century would have to be pleased with the fate of the company he founded way back then. The deal was worth over $18.4 billion to United Technologies.

 

Louis Chenevert has always held a passion for the latest technology as well as the people who put their efforts into the company to make it happen. It has been this desire to see people achieve that has been his driving premise over the years, with quite a few landmarks left behind. For example, the Employee Scholar Program helps the UTC employees achieve their dreams and rise in the ranks by pursuing further education related to the field that they are working in. With over $1 billion dollars having been invested in employee education over the years, UTC has to be one of the leaders in that regard.

 

But, it was his particular style of being able to dogear the company projects that he saw as having the highest potential for a reward that led to much success, and he had the ability to persuade other employees of that same vision. He has now taken that mindset to Goldman Sachs where his executive advisor role at the Merchant Banking Division allows him to help other businessmen do the same in aerospace and industry.