Louis R. Chenevert: Advantage of Investing in People

Louis R. Chenevert is considered by his colleagues as one of the best chief executive officers that the United Technologies Corporation ever had. The Canadian leader has enjoyed a level of popularity among his colleagues because of the programs that he initiated, in which the majority of those which benefited were employees of the company. The former head of the United Technologies Corporation is also credited for investing in the company’s human resources, providing scholarships to its employees who wanted to go back to school and take up necessary courses within the company, like engineering and other related courses. Louis R. Chenevert is also known for keeping an agreement with the military, which continued to use the resources that the company has to create weapons and other similar technologies that allow them to safely conduct training and other efforts that are essential to the growth of the military.

Louis R. Chenevert was chosen by the company’s board of executives to become the newest chairman and chief executive officer in 2006. He was delighted when he found out that the board of executives has chosen him for the job. Being the chairman and the chief executive officer can be seen as a tedious task, but for Louis R. Chenevert, he stated that he could face each challenge and perform better than most of his colleagues. When he has gotten control of the company’s resources, he used his privilege to serve his colleagues who wanted to experience real change within the company’s leadership.

He noticed that some of the employees of the United Technologies Corporation wanted to go back to school for formal learning, and when he heard about this, he had the idea of sending them back to school and paying for all of their expenses. Many employees who are working with the United Technologies Corporation has taken advantage of the scholarship provided under the term of Louis R. Chenevert, and they enrolled themselves at different schools to learn. Louis R. Chenevert has already stepped down from his position, but his legacy lives on, and many employees thanked him for the opportunity that he provided.