People who do well in business apply a lot of what they have learned from other successful business people. Although you may have something new to implement in your business, what other successful entrepreneurs did to get to where they are shouldn’t be ignored. While there are good things to learn from such business people, learning the mistakes they did helps a lot. Louis Chenevert realized he needed to thrive in business through the life lessons of other entrepreneurs. The Canadian businessperson knew such people were a great source of the inspiration and motivation he needed to be a renowned businessman.
According to Louis, successful business people should bring up some other young entrepreneurs to take their place someday. Without inspiration, it becomes hard to succeed in business since it’s a field with a bunch of challenges. As a man in charge of a powerful conglomerate business, Louis Chenevert was able to make a name for himself. He was the CEO of United Technologies Corporation from 2008, and he led the business for about six years. He had achieved a lot for the company by the time he was relinquishing the position in 2014.
During his reign as the CEO, UTC made huge profits and had good financial books while other companies were still collapsing and recording losses. The business leadership expertise Louis made this practical. Even other business people could affirm that Louis Chenevert was a business leader with unsurpassed commitment and dedication. Nothing would have stopped him from taking UTC to greater heights even when the loss tide was strong for other companies.
Louis is a business leader who knows how to balance long and short-term goals. He learned most of such business skills at Montreal University where he studied Production Management. General Motors absorbed him as one of the employees after his graduation to serve as a production manager. For the 14 years he worked at General Motors, he recorded some tremendous achievements. He started to explore more about aerospace in 1993, and he didn’t find it difficult since aerospace operations are similar to those in the auto industry. Louis Chenevert had also worked at Pratt & Whitney, a leading jet engine manufacturer in Canada before he became the CEO at UTC.