Category Archives: CEO

Louis Chenevert’s Contribution to United Technologies Corporation

Louis Chenevert is a successful Canadian born businessman. He was born in 1958 in Montreal. He is an alumnus of HEC Montreal where he acquired BA in Production Management in 1979. He is the former C.E.O and chairman of United Technologies Corporation positions he acquired in 2008 and 2010 respectively. Before he became the C.E.O, he was the president and C.O.O of the same company since 2006.

Before joining united technology Corporation, Louis Chenevert had worked in various companies such as Pratt & Whitney and at General Motors where he served as Production General Manager for 14 years among other companies. He is currently chairman of the advisory board of HEC Montreal’s and the board member for the Friends of HEC.

According to Louis Chenevert, the idea for United Technologies came from having the passion for delivering high-quality products that suits the changing needs of the customers. He claims that teamwork and exceptional readership is what brought success to UTC. Good leadership is all it takes to achieve company’s objectives. A leader who pushes who agendas, optimistic and who provides all the operational requirements for the company received a rewarding final product.

Louis Chenevert believes that surrounding himself with the right people is what has helped him grow. Critical thinking and confronting challenges has also accelerated his success. According to him, encouraging teamwork and rewarding the hard-working employees are some of the things that bring success to any company.

Louis Chenevert strategy for making the employees work in a centralized place where they could share ideas and work towards achieving the company’s objective is what made UTC survive the hard economic times when other companies were outsourcing cheap labor that would produce low-quality products.

One of the significant contributions of Louis Chenevert was the acquisition of Goodrich Corporation. This move was meant to increase the market share of UTC and to diversify their products which would fully fulfill the customer’s needs. He also facilitated the development of GTF which is efficient, environmentally friendly and relatively cheap making UTC be among the best jet engine assembling companies in the world.

http://releasefact.com/2018/05/louis-chenevert-inspiring-story/

Eric Lefkofsky: A Champion of Cancer Patients

Tempus, a technology company based out of Chicago, announced that they have received $80 million in financial backing from various new and pre- existing investors. In total, the company, who is led by Groupon co- founder Eric Lefkofsky, has raised $210 million in funding since its inception back in 2015, but with the most recent bout of fundraising, the company is now valued at about $1.1 billion. If a company has a valuation above $1 billion, they are given a “unicorn” status, something very few Chicago companies can accomplish.

Tempus employs about 400 people, but that number is going up at a fast rate; approximately 30/ month. This pace is predicted to continue, due to the company using some of its funds to spread its reach.

The company is employing clinical data to find tendencies in the healing of cancer in general and gather subatomic data from patients going through treatment. “And in some cases,” Lefkofsky said, “the data collection can be as simple as digitizing a doctor’s handwritten patient notes so they are searchable and can be stored to expand on treatment options.”

Tempus holds relationships with entities and organizations in all aspects of the healthcare system, including doctors that are looking for a method to use data to more adequately help treat patients.

“I think the traction that we have had with everybody in the industry has been kind of amazing,” he stated. “We’re in the midst of one of the most significant paradigm shifts of our time.”

Some of the contributors to this funding were Revolution Growth and New Enterprise Associates, with new investors, Kinship Trust Company and advised funds by T. Rowe Price Associates.

Eric Lefkofsky was born on September 2, 1969 and is an American billionaire businessman who is the co- founder and CEO of Tempus. He was raised in a Jewish family in Southfield, Michigan. In 1987, he graduated from Southfield- Lathrup High School and afterwards attended the University of Michigan where he graduated with honors in 1991Afterwards he went to the University of Michigan Law School and attained his Juris Doctor in 1993.

https://www.crunchbase.com/person/eric-lefkofsky

Lime Crime Founder Doe Deere Tells Women to Pursue Their True Passion

Lime Crime is a pretty cool brand of makeup. Unlike most brands, it has a signature style that has inspired an almost cult-like following of women around the world. Founder, Doe Deere, created the brand in 2008 after she had trouble finding the types of bright, bold colors of makeup she desired for her own beauty regimen. She initially came out with a luxurious line of lipsticks that came in shades from bright red to a deep, ocean blue. When she launched Lime Crime she expected the brand to have a small, niche following. However, she was surprised when the company skyrocketed into an international success. It turns out that women everywhere were looking for the same bold shades.

 

Women who use Lime Crime see it as far more than simply makeup. It is a way to express themselves and they use it to paint their faces in the way that they feel. Doe Deere has always done the same. She uses makeup to express her mood and the way she feels. She is also known for her bold shades of hair color that vary weekly from purple to orange, to pink, to platinum blonde.

 

Doe Deere has never followed the common path. She is originally from Russia and moved to New York City when she was young to pursue her dreams of becoming a musician. She lived life as a musician for a while and met her husband in the process. She then went on to work in the corporate fashion world and saw a great deal of success in that industry before founding Lime Crime. She has always been an entrepreneur and founded her first business when she was just thirteen years old, selling temporary tattoos to the other kids at her school.

 

She was recently highlighted in an article by Guest of a Guest, where she gave advice to women who also wanted to become a successful entrepreneur. The article was very interesting and she gave advice that really resonated. The best takeaway was her advice to find the thing that you truly love and pursue in fearlessly. She believes that all of us have a true passion inside of us and that many times we shy away from it because it seems to hard or unfeasible. She said we need to ignore the voices telling us we can’t do something and pursue our dreams with strong passion and belief that we can accomplish anything. Learn more:  http://inspirery.com/doe-deere/