One of the most remarkable solutions of UTC is the V Pratt & Whitney Turbofan engine. This masterpiece of engineering powers over 72 air crafts that belong to various airlines. The engine was created at the cost of over $10 billion, and it comes with features such as emission and noise reduction and increased fuel efficiency.
United Technologies is not only committed to investing innovation, but the company is also working to ensure that it empowers communities through the creation of manufacturing jobs. The firm is also interested in developing the skills of its employees by providing opportunities that enable its staff to advance their studies through sponsored courses.
Among the people who are credited for the success of UTC is the former CEO of the enterprise, Louis Chenevert. Louis had a remarkable tenure at UTC. During his time, he was able to come up with strategies that helped raise the company’s revenue. As a result of the growth, the firm’s shareholder value went up by 200% during his time.
During Chenevert’s tenure, focus and innovation became the core tools driving the growth of the enterprise. UTC increased the efficiency of its internal processes and marketing by proportions never seen before.
Louis Chenevert has been in the game of leading successful enterprises for eons. He has gathered enough experience and skills that make him an outstanding manager in every management role he gets. Louis held an important position at General Motors for one and half decades. For seven years, Louis steered Pratt & Whitney as the President. Later, Louis reached a defining moment in his career when he became the Chairman and CEO of UTC.