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Stream Energy Focused on Philanthropy than Ever with the Launch of Stream Cares

Natural disasters, climate change, poverty, etc., are just but a few problems afflicting the world, and America is no exception. While governments grapple with such issues, it is becoming apparent that input from businesses and even individuals go a long way in assisting authorities to alleviate human suffering. Stream Energy’s philanthropic efforts demonstrate a company determined to make society conducive to everyone.

Stream Energy targets homeless people, the less fortunate veterans and their families. The Dallas-based firm, in collaboration with other like-minded firms, organizes fun activities for the homeless children of Dallas. Such events in addition to making the children feel loved are essential in extending both monetary support and basic needs to the less fortunate. The less fortunate Dallas-area veterans have a reason to smile as Stream Energy occasionally sponsors fun days for them and their families.

Hurricanes are not new to America, especially Texas. In fact, the state suffered one of its deadliest hurricanes in 2017—Hurricane Harvey. The state is home to thousands of Stream Energy’s clients and business associates. It made sense for the company, therefore, to be actively involved in both healing and rebuilding efforts meant to restore the Greater Houston area to its former state. Stream Energy started by donating $25,000 to the American Red Cross. The company then announced it was accepting donations on behalf of Red Cross and finally announced it would forgive its clients in the affected areas who would service their utility bills late than expected. The efforts portrayed Stream as an understanding partner, sticking with its clients through thick and thin.

Stream Energy announced the launch of Stream Cares, an entity that will be responsible for the firm’s philanthropic giving. The body is likely to consolidate Stream’s charitable activities, and America is yet to witness a more vibrant stream, regarding philanthropy.

More About Stream

The company was established in 2005 as a retail electricity firm. Its business model follows that of multi-level marketing firms, but Stream’s reward system is ingenious. The firm’s energy, wireless, protective, and home services are available in seven U.S states. As it embraces corporate social responsibility, Stream is likely to exponentially grow as Americans tend to associate more with charitable brands.

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Louis Chenevert Leaves A Legacy At UTC

Louis Chenevert knows how important it is for a leader to invest in the future. As a CEO he was able to set an example that others were eager to follow. When Louis was with a company he wanted those, who worked there to be proud to associate themselves with the team. He took over as CEO of United Technologies Corporation and began to make his influence on the culture. Louis wanted his team to understand that he believed in them and wanted to know about their ideas. He was a leader who could see the long term and short-term goals of a company. UTC is a cutting-edge technology organization and increased its influence in the industry during Chenevert’s leadership. Louis thrived on letting creative minds influence the company’s direction. This type of philosophy allowed UTC to develop into a business that supports the US economy with its creativity.

 

Technology changes at a rapid pace. There are always new items being presented to consumers. Therefore, customer demand continues to grow. Louis decided to keep UTC current with the swell of demand by hiring 20,000 people over a three-year period in the United States of America alone. A move such as this proved that his company was dedicated to supporting the creativity that they advertised.

 

The main organization in an industry will have affiliate brands that it works with. It is important to invest in support companies. United Technologies Corporation relies on many subsidiaries and made a tangible investment of 40 million dollars over a three-year period to keep them viable. This was to ensure that UTC was getting a quality product from their affiliates.

 

People are the creators of technology. UTC is a company that encourages creativity among its employees. Louis and his team wanted the innovative minds in the company to think outside of the box and push past the limits that had been set by the industry. UTC got behind this methodology by creating a scholarship program for team members to earn college degrees. The program allowed them to study any field of their choice, and the company paid for it. The idea was to provoke a healthy form of mental growth. Click Here for additional information on Chenevert.

 

Louis Chenevert is from Quebec Canada. He is a graduate of HEC Montreal. HEC is the business school affiliate of the University of Montreal. Chenevert earned his bachelor’s degree there and then set out to establish himself in business. He had a 14-year career with General Motors. Chenevert then went on to Pratt & Whitney. From there he became the CEO of United Technologies Corporation. Chenevert stepped down from his position as CEO of UTC in 2014.

 

Go To Crunchbase.com to learn more about Chenevert.

 

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