American manufacturing has been in decline since the 1950s. Examples of companies that are now a memory include Philco, RCA, Zenith, and Bethlehem Steel. UTC happens to be a U.S. manufacturing company that has survived and thrived despite heavy competition from foreign enterprises. Today, UTC is an industrial conglomerate worth $63 billion. Chenevert, through his vast experience, leadership and knowledge, kept the company on the very leading edge of innovative aerospace technologies during his tenure.
His secret to success lies in the fact he believes the manufacturing culture must have a combination of both imagination and precision. These qualities are not often found in the same industrial and organizational culture. As such, employees need guidance on how to stay motivated about their jobs. Innovative success is the key.
Chenevert’s love for technology is what makes him so effective as a leader. He lives and breathes the technology he oversees. He is the type of individual that leads by example. For UTC, he set the bar high for all its employees, and has shown this type of leadership throughout his life. In moving on from UTC, he is sure to electrify and motivate any business or industry that he oversees.