Even when a business is doing well, companies are always looking for new ways to improve productivity and increase revenue for the company. While a lot of efforts are made, some of the most important things you can do involve improving employee satisfaction and creating a workplace that people enjoy going to. Louis Chenevert believes that having satisfied employees is essential to the long-term success of a business.
One of the ways that Louis Chenevert states that a business can do to improve employee satisfaction is by truly making them feel like they are part of a team. While many companies make their employees do team building exercises on the job, there are usually better ways to do it. One of the things that Louis Chenevert suggests trying is having the employees take part in charitable activities as a team. While they are helping others, many minor problems and conflicts no longer seem important for the time being.
When a company is focused on improving things for their employees overall, it’s still important to remember to reward the employees that have shown themselves to be hard workers. When Louis Chenevert notices that certain employees are going above and beyond, he makes sure that they are recognized for what they are doing. While people may not take the employee of the month very seriously, it is still recognition for hard work.
Louis Chenevert had 14 years of experience as the General Production Manager of GM before joining Pratt & Whitney in 1993. In March 2006, he made the transition to United Technologies Corporation as a Director. In 2008, he was made the CEO and President of the company before in 2010 when he was named Chairman of the company.
He is a member of several organizations including the Business Roundtable where he serves on the Executive Committees. He is the Chair of the organization’s Tax and Fiscal Policy Committee. In addition, he is also a member of The Business Council and the US-India CEO Forum. The American Institute of Aeronautics and Astronautics inducted Louis Chenevert as a Fellow of their organization in 2005.