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Meet the Investment Genius: Louis Chenevert

June 7, 2018 - Author: steph

The success of Louis Chenevert is one that surprised everyone in the state. It led to the United Technologies Corporation (UTC) being named as the most profitable business in the USA. This was due to the wise decisions that Chenevert made for UTC. The legacy that he left in the company has led to many people reading about his mechanisms and applying them to their businesses. Even the current CEO of UTC finds it wise to apply some of his methods of operating a business to maintain the high standards of the company that Louis set.

Louis Chenevert says that among the factors that led to the success of the company is the fact that he chose the right team to complete his tasks. He says that no one can accomplish the goals of an organization without the support of a great team. He advises the young investors to invest in their team to see that they can diligently complete the tasks delegated to them.

As we grow, we get to experience many things, and we may feel there are better ways to handle the way we do our jobs. For Louis Chenevert, if he was to make any changes in the way he does his work, he could treat the internal politics of the firm differently. He further explains that there are two groups in the company; those aligned with the agendas of the company and the other group that is always against the agendas of a firm. Chenevert advises the young investors to ignore the latter group and move on with the focused group. He ends by saying that the naysayers always join in when the project is successful.

Louis Chenevert says that many factors led to his success as the CEO of UTC. He says it is hard to point out one of his attributes that facilitated this. However, he says that for one to be successful, they have to have relentless focus.

Louis Chenevert is currently pursuing his interests and spending time with his family. He is living a semi-retired life and working as a financial advisor at Goldman Sachs.

https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert

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