Lessons Learned from Louis Chenevert Success

All investors and business leaders that have succeeded in their organizations in the past do have unique qualities that make them excel in the market. In this regard, they should be able to tackle the organizational bottlenecks that hinder them from attaining their success. Tactical decision-making is critical to the success of any firm, and this trait has been proven by the successful leader of UTC, Louis Chenevert. He has proven that quality leadership is inherent to leaders. Through the various organizations, Louis has led, it is critical to note that he has succeeded.
On this note, Chenevert has advised young entrepreneurs and the business leaders that all stakeholders are critical to the growth of any organization. In his leadership in business, he has continued to increase the cohesiveness of all the stakeholders to ensure a favorable condition for the success of the business. It is in his thought that employees and shareholders (who always are the business owners and investors) should work together despite their different interests. He notes that, at the time when employees always push for a salary increase and better remunerations that result to low profits, the shareholders aim at reducing the expenses so that they can earn more from their capital invested in the organization. It should be noted that motivating the employees leads to more production and high revenues that result to increased company profitability.
In this notion, one should note that Chenevert, through his leadership policies has continued to increase the company profits without reducing the employees’ salaries or retrenching some of them.

Another class of stakeholders that he outlines are the immediate society that the United Technologies Corporation works around. He notes that it is of great importance to aid the society as this brings a good image of the corporation and thus attracts more local clients. He also states that participating in voluntary activities aid in promoting the security of the firm even from governmental investigations that may lead to the new expense of the legal fees. In conclusion, it should be noted that the various organizations Louis has led, have succeeded.
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