When we talk about a transformative leader with an impact on a company, even after he has resigned from its leadership at the top of the list is Louis Chenevert. He is the former chief executive officer and chairman of United Technologies Corporation. He was elected chief executive officer and president of United Technologies Corporation in 2014. He served in this capacity until he retired in 2014, November. Before joining UTC, he was also the CEO of Pratt and Whitney. The idea behind United Technologies came about as a contribution from a small team who had a clear understanding of what it takes to satisfy a customer’s needs and deliver products that stand out from those currently in the market.
The change in the way UTC did its brought about a significant impact on the world. For instance, the F135 engine redefined the military vehicles. There was also the development of the GTF engine. It was a game changer when it came to jet engines. The GTF engine has a 50% noise reduction rate, 20% decrease in burning fuel and it brought about a significant difference in airplane engine designs. The technological ideas according to Louis Chenevert were a result of engineering and operational talent. With a small team and a functional leadership team, he was able to maintain the focus of his workers, and they would end up developing technology that ended up changing the world.
The one trend that excites Louis Chenevert is the speed of change and technology that has resulted in the acceleration of the company’s products into the future. When asked about the habits that make him productive as an entrepreneur, Louis Chenevert gave a few of them some of them include relentless follow-up, focus, passion naming but a few. Of all the jobs Louis Chenevert had, the worst one was his first job at GM as a supervisor. The one thing that Louis Chenevert would do differently if given the opportunity is observing internal politics and how disruptive it can be to the achievement of extraordinary results. His biggest strategy for growing any business is open thinking and relentless focus.