Entrepreneurship is essential in this century. It is one way of making a decent amount of money. Many people have very brilliant ideas. These ideas could give these individuals millions of cash. However, an idea is not a plan. For success, you need to evaluate a plan. For this to happen, you need to have a great strategy. It also needs patience, commitment, and dedication. Many investors end up giving up when things get tough.
Louis Chenevert is an example of an investor that is recognized globally. He has been successful in so many of his businesses. However, what led to his popularity is the legacy that he left as Chief Executive Officer of United Technologies Corporation (UTC). This is why despite him having stepped down as their CEO, they owe him gratitude. It is the decisions that he made that led to the high ranking of the business.
Louis Chenevert says that one thing that attributed to his success is innovation. Creativity differentiates a company from the rest of the businesses.
Louis is a futurist. He believes that investing in future technology will help maintain and improve the economy of the state. He is also keen on human labor. When Louis saw a group of engineers in a site that no longer needs attention, he was quick to shift them to a productive site.
The current UTC chief executive officer believes in investing in future technology as well. This is why they have a program that allows the employees to acquire degrees of their choice. This has increased the productivity of the employees.
The current executive officer of the company applies the methodology of Louis in running the organization. He believes that in so doing, he will maintain the position of the company. Other investors have also employed his tactics in their businesses. Fortunately, they have been effective.
Louis Chenevert is also an environmentalist. With the rate of global warming, he felt the importance of doing something. He reduced the emission levels of greenhouse gases. He also reduced water consumption.