Louis Chenevert has played a very significant role as the Chief Executive Officer and the Chairman of the United Technologies Corp during his term. After he stepped down from his position, Gregory Hayes has been heading UTC. He says that the former CEO and Chairman left behind a legacy of high standards that would be difficult for him to match, but would surely leave no stone unturned in matching up. United Technologies Corp has always been known for its innovation and high-quality technology, and it is what Gregory says that the management plans to continue achieving.
One of the focuses he said would be on investing in technology and the people in the company, as that is what would help the company to move ahead on the fast lane and remain as a front runner in the highly competitive technology business. Gregory Hayes also mentioned that apart from focusing on short term targets, the top management of UTC has always been driven about setting long-term goals. It is essential for every business to set long term objectives and construct short term targets accordingly to ensure in the long run, business goals are achieved seamlessly.
The business of UTC has been growing rapidly in the past few decades, and it is all due to the top leadership in the company and the management decisions they have implemented successfully. The turnover of the company does not only affect the company but also has the power to influence the economy of the United States as Pratt and Whitney have manufacturing units dotted across the country.
The eagerness of the company to invest in innovative technology as well as its people is what has made UTC one of the most sought after companies to be working for. Louis Chenevert, the former CEO and Chairman of UTC have the experience of working for General Motors for over a decade. He has also served as the President of Pratt and Whitney in the past before joining UTC as COO. Due to his long list of achievements, he was given the position of Chief Executive Officer and Chairman of United Technologies Corp later on..