Louis Chenevert is one of the most successful legendary business people who have made significant changes in their professions. Louis has managed to achieve within a few years what any other aspiring executive professionals would meet in a lifetime. He is a French Canadian business person who was born in Quebec. Louis attained a bachelor’s degree in production management from the University of Montreal.
Louis Chenevert’s Career
Louis started his career by working for a motor company for 14 years. After which he joined Pratt and Whitney Canada Company that he further worked for to improve his professional skills. After having worked for six years, his hard work paid off as he earned the position for the company’s presidency in 1999.
Success at the UTC
In the year 2006, there was the recognition of his skills and capability as Louis was elected to be the chief operating officer of the United Technologies Corp. One of the significant accomplishments while at the UTC was the one-year negotiations that further yielded in the acquisition of Goodrich at a great deal of $18.4 billion. Due to Louis ability to work on opportunities with the highest potentials, he prioritized investments in advanced technology projects. Besides, he prioritized employees as he enabled 40,000 employees to attain a degree education while working for the company.
Louis Chenevert was able to receive a lot of recognition and honors during his time at UTC. Forbes recognized his efforts in the significant growth of the company’s market share in the economy. Some of the honors he received included the National Building Museum honors in 2009, The Person of The Year Award by the Trade Magazine Aviation Week and Space Technology in 2011. In 2011 he further received an honorary doctorate from the HEC Montreal. Louis also worked for an executive committee of the business councilas the vice chairman in 2011-2012.
Life for Louis after UTC
After his tireless work and outstanding accomplishments at the UTC, Louis stepped down as the CEO of the company on 5th December 2014. He embarked on an independent advisory job at the merchant banking division at Goldman Sachs where he concentrated his focus on industrial sector and aerospace.
Anyone that does a search for Marc Sparks online will discover that he is a Christian. That is the first thing that I noticed when I went to his website. There is a Bible verse right at the top of the website, and this sets the tone for finding out about who Sparks is and what he stands for. He definitely believes that to whom much is given much is required, and I think that he has led his entire life this way. That may be one of the reasons why he has helped Habitat for Humanity and other nonprofit organizations like the Samaritan Inn. These are organizations that Marc Sparks believes in because he is someone that is passionate about helping others.
I think that the desire to help is what also made Marc Sparks start the Spark Tank. He has been able to totally change the way that people look at the concept of socially conscious businesses. In the past many people may not have even given these type of businesses any thought. It may have been hard to get investors, and most of these socially-conscious business-minded entrepreneurs may have struggled to get any type of exposure. I think that the Spark Tank Challenge can totally change all of that (http://sparktankdfw.com/). This is something where people can become a lot more conscious of what is happening in the business world. They can become aware of these innovative business ideas because Marc Sparks puts some of the best businesses up to the challenge. Entrepreneurs get a chance to compete with one another for the opportunity to win $5,000.
The benefits of engaging in this challenge are obviously twofold. The first benefit is that there is an opportunity for people to win a monetary prize. The second benefit is that entrepreneurs get a chance to provide publicity for their businesses. This makes it great for entrepreneurs even if they do not win. Their business gains exposure by way of the Spark Tank Challenge that Marc Sparks put in place. This is a very creative way for people to get the word out about their business.
Marc Sparks also benefits from this. He is someone that has been called a serial entrepreneur, and this gives him an opportunity to explore new business ventures. He may possibly invest in some of the businesses that he is excited about.
I definitely think that it is a great thing for someone like Sparks to invest in these businesses. He has a lot of interest in helping new entrepreneurs find their way. He has been able to create a lot of interest in businesses because he knows how to find those businesses that are growing rapidly.