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UTC’s Most Successful CEO: Louis Chenevert November 13, 2017

Louis Chenevert will go down in history as one of the most successful CEOs who believed in both hard work and teamwork. He was born French- Canadian in Quebec. Louis attended the Universite de Montreal where he graduated with a bachelor’s degree in production management. His career began at General Motors where he worked for about 14 years before joining Pratt & Whitney in 1993. After six years of service, Mr. Louis Chenevert rose through the ranks to the presidency of Pratt & Whitney, a division of United Technologies Corporation. Later, he was elected to be the President and Chief Executive Officer of UTC.

Achievements

During his reign at UTC, Mr. Louis R. Chenevert achieved what most CEOs only dream and imagine. Louis was able to acquire Goodrich at $18.4 billion after lengthy negotiations with the management. His dedication to investing in both advanced technology and human effort surpasses that of any other leader. He emphasized that both human and technological capital are the essential vehicles for the success of any company. Mr. Louis introduced an initiative at UTC known as Employee Scholar Program which offers sponsorship to workers to ensure they are equipped with advanced skills and knowledge in the areas of their interest. More than 40,000 of the company’s employees have benefited from this program. Mr. Louis played a part in putting UTC at a competitive level with other firms by venturing into potential projects that could ensure the company meets its objectives. His unending motivation to his workers was also a key propeller of UTC’s success.

Mr. Louis Chenevert also spearheaded UTC’s Pratt & Whitney towards winning the legal rights to supply the US government with the F-35 engine. Currently, UTC’s Sikorsky unit is the leading manufacturer of helicopters in the United States. Mr. Louis leadership character was put to test when UTC was undergoing an adverse economic recession. Nevertheless, he relentlessly put back the firm in a better position, and they were able to achieve their objectives.Mr. Louis R. Chenevert willingly resigned as the CEO and President of United Technologies Corporation and gave way to his successor Edward Kangas. His legacy at UTC will live on forever.

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Gregory Aziz Taking the Manufacturing Industry Higher October 16, 2017

Gregory J Aziz is a household name in the world. The prominent business leader is currently serving as the president and chairman of a company known as National Steel Car. The company is based in Hamilton, Ontario. The company has been very successful under his leadership, and it is currently one of the leading car manufacturing industries in the world. National Steel Car has been in the market for more than one hundred years, and it has all the expertise needed by the competitive industry. The main objective of the institution is to offer clients with high-quality cars at the most affordable rates. The products from the institution are top rated in the engineering and manufacturing department.

 

Just recently, National steel Car was nominated as one of the top railroad freight manufacturing companies that is based in the United States. The car manufacturing company was founded in the year 1912, and it was initially known as Imperial Steel Car. The private firm has grown over the years, and it is appreciated by consumers for being an institution that considered the quality of services it gives to the consumer. The excellent services of the firm have played a critical role in the success of the company. At the moment, National Steel Car is a multinational firm that has the interest of the consumer at heart. Very few companies can offer the Freight cars that are manufactured by the institutions. All the standards laid by the government and consumers are met by the international company.

 

Greg Aziz has been instrumental in the success of the private firm. This is because he has all the expertise needed to lead an international company. Greg has served as a leader for a while now, and he understands all the consumer needs. His educational background has played a key role in the success as a businessman. Greg was brought up by strict parents who wanted their son to perform well in school. After completing his high school education, Greg Aziz was fortunate to enroll in some of the best universities in the entire world. The skills he got at the university have helped him to be successful while serving at National Steel Car.  See This Page for more information.

 

At first, the international company operated in Canada. However, due to the excellent leadership from the businessman, the company has expanded into North America and other parts of the world. The future of National Steel Car looks bright too under the leadership of Greg Aziz.

 

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The Growth of National Steel Car and the Entry of Greg Aziz

National Steel Car is among the remaining few rolling stock companies in the North American region. Many rolling stock companies have already stopped operations due to loss of business which led to their closure. Others have been overtaken by technology and no longer viable business ventures. However, with the development of modern means of transportation and construction of new modern railways systems, the work for some of the companies have been rendered obsolete. Even with the changes that have been occurring in the sector, National Steel Car has survived the test of time and is one of the most resilient companies that exist in the world today.

 

National Steel Car Corporation was established in 1912, then known to as Imperial Steel Car. However, this name did not last beyond the same year. It was changed to National Steel Car Company limited. National Steel Car was established at a time when the railway industry was booming with business. Most of the transportation was carried though railway systems. In the first year of its operations, National Steel Car had massive production orders from the Canadian Pacific Railways. They were given orders to construct car boxes. Inspired by the success that the corporation was registering the owners of the corporation pumped more money into the investment and the National Steel Car became one of the biggest rolling Stock companies in Canada.

 

National Steel Car has now been in operations for over a hundred years. It has never closed down shop at any point in time. The good progress achieved by the corporation can be attributed to the management of the company all, though. The company have been a force to reckon with in the industry and has hardly conceded to harsh economic times. See This Article for more information.

 

1n 1962, the company was purchased by Dofasco who later sold it to the current chairman and CEO, Gregory James Aziz in 1994. Greg Aziz saw potential in the company which was at the time not doing very well and decided to transform it. Although many of the rolling stock companies that operated in Canada had died, National Steel Car continues to make good progress under the management of Gregory J Aziz. After taking over in 1994, he pumped money into the company so that he could revive its operations. He also embarked on changing the products that the company was producing. There was a need for the company to produce products that were relevant to the modern market. The railway industry has transformed greatly, and no company can afford to stick with the old line of doing business.

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