Competition is of the main threats in any technology industry. Getting a competitive edge in any company that invests in the latest technology. The managers and CEO of big corporations strive to get the competitive advantage to do better. Reputable CEOs like Louis Chenevert believe that investment the businesses that invest in the most advance instruments will do better in future. CEOs positions require one to accept the obligation to implement and achieve the corporation’s target. Companies such as United Technologies need the following:
Provision of a Legacy of Stewardship
For the enterprise, stewardship means that one is committed to making investments in innovation and the people. The CEO should, therefore, be able to show that his works have shown improvements in the company. Making the business better than found is one of the aspects included in stewardship.
Focusing on the Best
Louis has significant achievements. Ever since 1993, UTC Pratt & Whitney has accrued to a lot of gains according to Forbes. In addition to this Louis Chenevert’s impacts, United Technologies remains in the landscape of America’s economy after the fall of other great companies.
Fantastic GTF Engine
The innovation of GTF engine creates a breakthrough in the technological world. It’s efficient and has less noise in comparison with the other engines.
A Strong Leader
Chenevert is a strong leader. During the period where he led the $100 billion company, he achieves more than other CEOs have done so in their entire life. Also, UTC is famous because it assembles the most advanced engines in the United States.
Besides, Louis Chenevert has other achievements associated with Goldman Sachs. He is the exclusive advisor to this Wall Street bank. His assistance focuses on identification of opportunities in the aerospace sectors and other businesses. His reputation and work earn this place for him. He is therefore required to play a vital role in merging, acquisition and business integration.
Also, this former CEO of UTC has other achievements, such as appearing on the list of the most successful launches in the history of aircraft launches in the year 2013. The engines are efficient and down the fuel consumption.