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Louis Chenevert Impressive Role in the Growth of UTC

Some people have a natural way of transforming everything they touch. It is not an exception for Louis Chenevert. Just to summarize his career, Louis Chenevert has been successful. His most significant work of transformation was at United Technologies Corporation. Chenevert’s approach to the company’s growth was anchored on long-term visioning, innovation, and maintaining an excellent team. In essence, Chenevert is remembered for building a culture where the company focuses on people and technology.

Louis Chenevert was born in Quebec, Canada. He went to the HEC Montreal, where he graduated with a Bachelor’s degree in Production management. He worked as Production General Manager at General Motors St Therese operation. Chenevert stayed at General Motors for about fourteen years.

He joined Pratt & Whitney in 1993 gradually went up through the ranks the top echelons of management. Chenevert was elected the president and CEO of UTC in 2006. While still the president of Pratt & Whitney, Chenevert realized that GTF engine would be significant in the future. It is a vision he carried on to his role at UTC by marrying the two entities. Over $10 billion was invested in the designing and development of a modern jet engine in a period of two decades. The engine had reduced consumption by 16 percent and emissions by 50 percent.

The engine has received widespread use due to its inherent benefits. Today, Pratt & Whitney now boasts of manufacturing plants spread in New York, Maine, Michigan, Florida, Connecticut, and Georgia. The partnership has played a crucial role in creating thousands of jobs in manufacturing industry in the United States.

Today, United Technologies Corporation estimates that in three years, it will have created 25,000 jobs and 5,000 new positions that will support future growth. Chenevert was instrumental in building a workforce that has excellent skills and knowledge in various aspects of the company. A scholarship program was initiated to help employees advance their education. About $1 billion was spent in this initiative.

Chenevert has received various accolades, which include an honorary doctorate by HEC Montreal. He was named “Person of the Year,” 2011, by Aviation Week & Space Technology magazine.


Netpicks, Creating Improved Trading Strategies

Wall Street was once considered to be the ultimate platform for trading irrespective of seasons, events and dates. However, once again it has been proved that with sudden changes such as the recent technology sell off, Wall Street felt a tremor, one that was very unexpected. At times proactive strategies reduce the risk of loss while increasing the success rates for profits. Netpicks is considered as one of the leading realistic strategy providers that can help investors maximize profits even during months where the opposite is expected.

Using varying market environments meant especially for days where loses are expected, Netpicks has formulated a few situational based strategies such as the “Lock and Walk” technique.  Guiding tips available in this link on hitechchronicle.com.

A few additional rules that can facilitate the process of maximizing profits while keeping loses at bay include, test support by QLD then target the resistance to unload the stocks. In the situation where the support breaks, the needed step is to unload QLD. If the resistance has been successfully tested using QID then the next move would be to target support to unload. Finally, if the resistance breaks then to unload QID. This particular approach to watch and then unload, is designed on a unique concept that if the technique used has 67 basis points through the form of gains, it will halt until the following trading session to commence operations once again.

For a note-worthy article, hit this.

Since the year 1996, when Netpicks was founded, this gold standard training education platform has also created other situational based strategies for various markets such as Forex, Futures, Options, ETFs, Stocks and Systems to Signals. Netpicks has joined the list of companies that have pioneered in the field of training regular traders to achieve attainable profits in varying market conditions.  For more of options trading, browse on this link.

The strategies and trainings created by Netpicks aim at eliminating theory while implementing learning of the system in a short span of time in a real-life environment. Virtual logins, video trainings that can be accessed remotely and promoting the goal of practicing techniques while learning from Netpicks are some of the facilities that Netpicks offers to interested traders who believe that time is indeed money.  To access of their tutorial blogs, visit their facebook.com page.

Check also their linkedin.com page to read more of their free training programs.

For update on their recent timeline activities, check on this.