Success in the investment world does not happen in a fortnight. It takes time to cultivate and establish one grounds. The investments world is not for the individuals who give up the moment they begin facing difficulties. It is for people who use the challenges that come along their way to their advantage. One of these individuals is Louis Chenevert. Louis Chenevert is the former Chief Executive Officer of the United Technology Corporation (UTC).
Louis Chenevert has had multiple successes in his career and has been awarded severally. He is said to have a hand in more than 50 successful conglomerates. Well besides passion, Chenevert’s dedication to his work is not that of an average man. Everything he decides to do, he gives his all to bring to reality.
It is worthwhile to note that in every organization he worked, he acquired a hiring role. He also made a difference in all firms. After school, he worked at the General Motors. Here, he worked for more than a decade. His hard work and diligence led to his promotion. He became the overall manager of the Production department in the firm.
In 1993, he began his reign at the Pratt & Whitney Company. The firm specialized in engine manufacturing. The unit that Louis was assigned began to make a tremendous improvement. This led to his promotion to the President of the firm, in less than a decade.
At the time the Pratt & Whitney Company was a branch of the UTC Firm. Seeing the difference Louis was making as the President of Pratt & Whitney, they made him the CEO of UTC. The nomination happened in 2006. During this time, the company was experiencing a financial crisis, and therefore not the most suitable time to be appointed as the CEO of a firm. However, Chenevert being the intelligent investor he is, still improved the state of the firm. In fact, instead of the value of the shares decreasing, it doubles by 200%.
Louis says that he was able to achieve the success through creativity and innovation, as well as having a cooperative team to back him up in his job.