In order to run a successful business, every employee within the company must be satisfied with their job and feel like their voice is being heard says Louis Chenevert. While many companies think that hiring new employees is a way to increase productivity, in many cases the employees that are currently with the company just don’t have the right resources to complete the job correctly. Whether this is caused by not having the tools or training to complete the tasks or unsatisfactory work conditions, efforts should be taken to remedy the problem according to Louis Chenevert.
One of the ways that you can take care of your employees is by making the workplace somewhere that they enjoy being. Louis Chenevert says that it’s important that people don’t just watch the clock until the day is over as this boredom can result in workplace drama. Negativity can be absolutely toxic to a workplace and it’s important to prevent this from happening. Make sure that the office isn’t just a group of cubicles, try to provide common areas for your employees that people will enjoy being. A lunchroom isn’t enough in most cases and making this common space shouldn’t be that expensive.
A grateful employee is a loyal employee and ensuring that your workforce gets the education that they need to advance is important. If your company is big enough and can afford it, Louis Chenevert suggests adopting an employee scholar program that encourages people to continue their education in a way that would be useful to the company in the future. While the idea of paying for someone’s tuition may seem daunting, you most likely won’t have to cover everything. On average, 20% seems to be a good amount to aim for.
Louis Chenevert has been the Chief Executive Officer and President of United Technologies Corporation since 2008 and became the Chairman in 2010. In 2006 he joined United Technologies Corporation in 2006 as Director, he served as the President of Pratt & Whitney from 1999 to 2006. Louis Chenevert also has 14 years of experience with General Motors at their St. Therese plant as their Production General Manager.