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:
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 had significant achievements. Ever since 1993, UTC Pratt & Whitney has accrued to a lot of gains according to Forbes. Chenevert’s impact allowed United Technologies to remain 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 achieved more than other CEOs have done so in their entire life. Also, UTC is famous because it assembles the most advanced engines in the Constitution State.