Category Archives: Technology

Louis Chenevert – United Technologies Innovator and Pioneer CEO

Louis R. Chenevert is a former CEO of the United Technologies Corporation. He currently serves as an exclusive advisor at Goldman Sachs. He is originally from Canada, and has spent much of his career in manufacturing. Prior to his position at United Technologies Corporation, he served as the President of Pratt & Whitney Corporation, the company which manufactures aircraft engines. United Technologies Corporation is a large conglomerate which manufactures jet engines in addition to operating Otis, the company which makes elevators and escalators. Sikorsky, the helicopter manufacturer, is another division within UTC. UTC makes products aimed specifically for building technology and aerospace, and combines many of their business units together to ensure that the company is able to operate as efficiently as possible.

The company has done many very unique things throughout Mr. Chenevert’s tenure at United Technologies. By moving engineers to Connecticut from other lower-cost destinations, the company was able to focus on serving key defense markets. This was seen as being a very controversial move in the age of globalization.

One area which United Technologies excels in is in timing to the business cycle. They are also easily able to switch between manufacturing for defense and consumer products. During times of war, demand for defense jet engines increases while demand for civilian jet engines decreases. The switch between the two types of engines ensures that the company is able to be innovative and stay afloat. Boom and bust cycles occur, and this switch over represents United Technologies’ response to that cycle to prevent a major bust.

The company has also managed to give up some gains in the present for expected future gains. The goal is long-term gains in profit in supporting the products which they already make. The company continues to service their products, whether they are elevators or any other technologically-advanced product. This ensures a relatively stable income for the company, even as some aspects of their production might phase out over time.

Watch Mr. Chenevert talk here:

The Life and Career Success of Glen Wakeman

With a career that spans over two decades, Glen R. Wakeman is one of the few successful business-oriented individuals in the business and finance industry. Currently, Glen is the CEO and the founder of Launchpad Holdings; a company that brings together a fully automated system that enables different entrepreneurs to organize their ideas into a more workable plan.

Glen Wakeman began his career at GE Capital where he held the business developmental and P&L positions. While working at GE Capital, Wakeman was recognized as a role model in Growth Leadership by the company’s Board of Directors. Walker left GE Capital and joined the Doral Financial Corporation where he would successfully ascend to the position of CEO, President, and later as the chairman of the board of Doral Bank. Apart from this, Glen was the founder and the president of Nova Four, a company that deals in providing strategic advice as well as access to capital for starting and maintaining a business.

Glen’s desire to build a business empire by improving the company’s agility has proven an asset in his career as a financial advisor and executive mentor. He bases his methodology to improve a business on five different pillars namely Leadership, Human Capital, Execution, Governance, and Risk Management.

Throughout his career and the various positions that he has held, Glen has immensely revolutionized various business and managed assets that are worth more than $15 billion (NewsSky). His overall work has included guiding start-up companies, enabling new market entry, M&As, exponential growth, and divestitures.

Apart from being an investor, Glen has also used his writing skills to educate and share his overall insight on emerging markets, international fiscal matters, strategy, and management and administration. The information that he publishes on his blog has helped a lot of enthusiastic business individuals. Glen also mentors several C-level executives and couples up as an advisor to various startups such as Dreamfunded and Sitter Bees.

Wakeman attended the University of Scranton where he graduated with a Bachelor of Science in Economics and Finance in the year 1981. He later joined the University of Chicago where he successfully pursued and graduated with an MBA in Finance. Having lived in six different countries, Glen has overseen the growth and success of various companies in these countries.

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Eric Pulier; Technologist, Visionary, Entrepreneur

Have you ever heard of a guy named Eric Pulier? If you haven’t heard then this article will shed some light on just how great of a person is truly is. There are many progressive thinking people in society today, but it seems like their names are never mentioned. These are the true American heros even though they’re not household names. Eric Pulier is a man of many acts. He’s worked in many different industries throughout his life, but the field of technology has full control of his heart. He’s known as a technologist, innovator, philanthropist, entrepreneur, and an investor. You have to be a “jack of all trades” kind of guy with that many titles and Eric Pulier is the very definition of each and every one of them.

As a child, Pulier always seem to a bit more creative than most of his peers. These natural talents were self evident and would just so happen to pay off later in life. In just the fourth grade he would program his very first computer and by his high school years, Pulier would start his very first computer database company. The ball was set in motion and soon the world would be benefiting from his progressive way of thinking. Pulier attended the prestigious Harvard University where he majored in English/American Literature. Though having a full schedule, he wrote a column for the Harvard Crimson publication where he just happen to be the newspaper’s editor. In 1988 he would graduate magna cum laude and by 1991, he would move to Los Angeles to start his professional career.

To this day, Eric Pulier has founded a number of companies such as Digital Evolution, Akana Software, U.S. Interactive, Service Mesh Inc, and XPRIZE. Being a technology kind of guy, Pulier have helped other in the field by investing into their tech start up companies. This only scratches the surface of what this great individual has done, but for now he’s living a very comfortable life in the City of Angeles.