In a long and inspiring life story, Louis Chenevert’s journey to success serves as motivation to business leaders and entrepreneurs as to what they can achieve through hard work and dedication. Chenevert doesn’t descend from an overly successful family. Neither did he have anything handed to him freely in life. He reckons that he had to fight to maintain his position at every step of his career. However, with time his dedication to whatever role he too up manifested and so did more opportunities.
Competing for positions in life
After graduating from Montreal University with a degree in production management, he fought for a position at General Electric’s Montreal plant. His consistent yearn for perfection and visible interest in success for the company saw him rise through the ranks to the position of the overall production manager for the facility. He served here, ensuring that production runs on smoothly and with minimal defects, for over 14 years.
His dedication and the success achieved with the general electric opened doors for him within the auto and aerospace manufacturing industry. In 1993, Chenevert left the auto for the aerospace industry as the team leading Pratt & Whitney Company in Canada that was itself an extension of the larger United Technologies Corporation (UTC). He would gradually rise through the ranks within these UTC subsidiaries, leaving a mark in every position he held.
His big break within the industry came when Louis Chenevert helped PWC cut manufacturing costs by over 10 percent. And less than two decades into the aerospace industry, Louis was appointed to join UTC’s management team as the chairman of the corporation. He held onto this position for several years before he eventually decided to retire in 2014.
However, he continues to work in retirement where he serves as a senior industry advisor for United States largest multinational investment bank, Goldman Sachs. Here, he advised the company’s investment decisions with regards to the aerospace industry. This success journey is testimony enough, to any young entrepreneur and aspiring business leaders that where you start in life doesn’t really determine where you end up. You only need to make a decision on what you hope to achieve and work towards that.