Louis Chenevert’s Contributions and Achievements at UTC

Louis Chenevert is a Canadian man who has achieved a lot in the business world. 14 years of his early work life was spent at general motors before moving to the united technologies corporation as the corporation president and as also the chief operating officer. He obtained a degree in production management from the HEC Montreal which is business school associated with the University of Montreal

Louis’ Climb to UTC
Before moving to the UTC, Chenevert worked at the general motors for more than ten years, later he joined Pratt and Whitney in 1999 and was elected the president and served for six years. Finally, from Pratt and Whitney, he migrated to UTC where he also served as the C.E.O up to December 2014. The most notable achievement of Chenevert at the UTC is reaching the $100billion mark in one year and the purchase of Goodrich. It portrays Chenevert as a good negotiator who does what is best for business. His impact at the UTC is felt up to now with the increase in UTC price in the market in the recent weeks and also the increase in the shareholder values.
Creation of a Good Working Environment
Chenevert was not only a businessman but was also a mentor and a source of inspiration to the employees of UTC. He made it his duty to make an impact that would be felt within generations to come, and this was easier for him because of the work experience he had garnered from various positions before joining UTC. His emphasis was on investment in the right technology and the right work power. The employee’s scholar program was established by Chenevert which has enabled over 40,000 UTC employees globally to attain university education. UTC has invested in educating its employees both in the United States and globally thanks to Chenevert’s for laying the foundation making his possible.
Even before leaving the UTC, Chenevert made sure he laid down a foundation for the incoming CEO. This was to ensure that his values and visions for the corporation did not disappear with him leaving the company. Through Chenevert’s stewardship, UTC has been able to survive very harsh economic conditions while other companies were crumbling down.
Since leaving UTC, Chenevert has dedicated himself to his family, as well as pursuing his passions in a more personal context.

The Track Record Of Dick DeVos In Social Entrepreneurship

More and more individuals across the world are beginning to understand the need for nurturing equality and cohesiveness in our societies. High-net-worth persons such as Dick DeVos have come out to establish organizations that help foster the future of humanity on the planet. Dick DeVos is well known in the corporate world for his involvement with various philanthropies across the United States.

 

Dick DeVos together with his wife Betsy has done a lot to ensure that all children in the US have access to quality education that can change their lives. Dick DeVos remains to one of the most vocal business leaders in the Michigan State. His efforts in developing programs that seek to better the American education system all out there for all to see. His wife has also contributed to the progress of the Michigan communities, and she is expected to change the school system in the US for the better.

 

The couple established the Dick and Betsy DeVos Foundation with the goal of bringing reforms to the curriculum of the United States. Over time, the organization has managed to reach thousands of students with educational opportunities in various charter schools in the US. For instance, the Education Freedom Fund which is one the flagship projects of the Dick and Betsy DeVos Foundation has provided 4,000 students with scholarships and grants that facilitate their education. The beneficiaries of such programs are selected from various institutions in Michigan.

 

Some of the most notable efforts of Dick DeVos in the education sector include the establishment of the West Michigan Aviation Academy. The school imparts various skills in the aviation industry to students in Michigan. Dick DeVos is an aviation enthusiast, and that might have informed his leaning towards the establishment of an institution in that sector. As a skilled businessman and seasoned entrepreneur, Dick DeVos serves in some management boards of various organizations and agencies.

 

The Great Lakes Education Project is another project that Betsy and Dick DeVos have championed in the Michigan State. The initiative is in line with the couple’s agenda of charter schools in the US. Through the DeVos Institute of Arts Management, Dick and Betsy have managed to develop talent and arts among the youth in Michigan.

 

Beyond the education sector, Dick and Betsy DeVos have also done a lot of community work in Michigan. Through their foundation, the couple has done an excellent job in the housing sector by creating initiatives that afford members of the community cheap housing. Their support for research on Lake Macatawa which has been affected by climate change is seen as a commitment to the mitigation of effects of environmental degradation.

 

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The Banking Life of Mike Baur

The life of entrepreneur Mike Baur has been impressive and inspiring. Mike Baur was born in Freiburg, Switzerland. He received his first business degree from the Bern University. His first degree was master of business administration. He then joined another institution, the University of Rochester from where he graduated with ban executive masters of business administration. Baur joined the banking industry when he was sixteen years old. This is according to the Wall Street Journal. His first job in the banking sector was as an apprentice working for the Union Bank of Switzerland, popularly known as UBS. This was in 1991.

 

After the bank managers realized that Mike Baur was exceptionally talented and had the abilities that could not be matched by many others in the banking sector, the managers offered him a plan of how he could continue with the banking career under the UBS. Mike Baur was shown the promotions from which he would benefit from before he got to his retirement age. The idea was to retain him for a long-term. However as it would turn out, the long-term ideas would not work as mike would make varied decisions which landed him in some organizations.

 

Mike Baur worked for UBS through the 1990s. Before he was even the age of 30, he was already appointed an advisor to the bank. His role was to advise bank clients on the best investment ideas for their money. Under this new role, he interacted with who is who in the country. He got a chance to sit with the wealthiest individuals in the country and chatted the way forward on matters of financial investment. Mike Baur had the role of making sure that they’re invested their money wisely. Mike Baur continued to work for UBS for about two decades, until when he decided to move on in 2008. He quit the bank and joined another one in Zurich. The reason for his exit was partly to do with the great economic depression of 2008.

 

After leaving UBS, he joined another private bank in Zurich known as Clariden Leu. This was a bank that was had been formed following the amalgamation of several other private banks at the time. He was given a high executive position in the bank’s Zurich branch. He worked with Clariden Leu for about six years, that is, up to 2014. He decided to try the skills and experience he had gained in other ventures out of banking industry. This was when he formed the Swiss Startup Factory.