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The Views Of Louis Chenevert On Investing

The former CEO of United Technologies Corporation was Louis Chenevert. He had certain views about investing which still stand strong.

Louis Chenevert believed that the effectiveness of a CEO is to leave the company better than how they had attained it. The only way to do so is by investing in innovation as well as in people.

He stated that the requirement for results in the short term will always be there. But the CEO must always keep the long term in mind. This is the reason why United Technologies Corporation has continuously invested in technology as well as in people. He knows that the decisions being made today will determine the success being achieved in the future.

The Pratt & Whitney Geared Turbofan engine required an investment of 20 years along with $10 billion for designing and developing it. This is a jet engine that can change the entire industry. It can reduce fuel burning by 16%, and emissions by 50%. The noise footprint will be reduced by 75%. This GTF is being commercially used since last year. Now it is being flown on 72 aircraft being flown by 14 airlines.

Louis Chenevert has willingness as well as the commitment to investing in such technologies that will drive future growth. These investments will support the economy as well as manufacturing jobs in the US.

The factories manufacturing Pratt & Whitney are all across the country. These include Connecticut, Florida, besides Georgia, Maine, as well as New York along with Michigan. The supply chain is touching nearly each state in the U.S. These factories are producing parts or assembling or testing the GTF engine. The company continues investing in the technology. Besides, it is also investing $1.3 billion in the manufacturing and service centers based in the US in order to meet the needs of their current and prospective customers.

This would also mean an enhanced need for investing in the next generation. It is estimated that over the next few years, United Technologies Corporation will be hiring around 25,000 people. This would have 5,000 new positions that would support the growth of the innovation platforms.

Watch Chenevert speak here:

E-governe Is Brazil’s First Choice For Electronic Governance

Today’s developing nations have more capabilities at their disposal than at any time in history. One of the most important resources that countries throughout Latin America have today, which they lacked as recently as a decade ago, is access to high-level bureaucratic optimization through the use of electronic governance platforms. The use of these systems can level the playing field, giving third and second world countries the same organizational capabilities as their first-world counterparts.


E-governe is Brazil’s first choice for electronic governance. E-governe is a fully integrated system, enabling state and municipal government a turn-key software platform that can radically diminish man-hours, saving governments massive sums of money and instantly streamlining operations in ways that were never before so easily available.


E-governe began more than 35 years ago as a computer-based system for handling government tasks, mostly related to human resources. Over the last 35 years, it has evolved into the most complete e-governance package available anywhere in the world. E-governe has modules for education, health, tax collection, records, criminal justice, finance, infrastructure and many other crucial areas of government. The e-governe platform brings years of collecting the best practices and proven methods of electronic governance to bear, in a simple-to-install an easily operated system.



E-governe can instantly reduce administrative costs in education


E-governe Education is a fully integrated administrative platform that comes ready to handle nearly every task that workers are required to do in the education sector. E-governe education automates teacher hiring and review processes, bringing a high level of objectivity and accountability to the management of human resources in education.


The platform is also able to completely handle standardized testing, making accountability and performance reviews for both teachers and schools as a whole a simple matter of plugging data into the system. E-governe is fully compliant with all of Brazil’s privacy and education laws, meaning that once implemented, the administration of schools, districts or governments who employ it will no longer have to invest hundreds or thousands of man-hours, each year, staying abreast of the latest updates to Brazil’s laws. In short, e-governe education can save districts millions of dollars in lowered payroll costs and reduced need for training.


Another area in which e-governe can provide tremendous value to governmental users through massive increases in efficiency is it’s e-governe health platform. This system allows for virtually instant establishment of a world-class healthcare system, automatically handing all aspects of billing, patient records and human resource administration. E-governe borrows the best aspects of top healthcare systems around the world and puts them into one, fully integrated package, allowing for proven, effective healthcare models to be available, right at the fingertips of municipal governments.


All told, these systems are capable of saving massive amounts of taxpayer money in reduced payroll costs and increased efficiency. E-governe takes a proven system of governmental administration and puts it into the hands of municipal governments, who may lack the expertise to otherwise implement strong solutions. It is for this reason that e-governe is taking Brazil into the first world, one city at a time.