Louis Chenevert is a businessman from Canada who currently works at the company United Technologies Corporation. Today, he serves as the chairman and chief executive officer of the company. When talking to industry experts, Chenevert discussed ways in which companies can improve and succeed. One of the main things that he talked about was investing in employees. Louis believes that investing in employees will help companies reach their goals more easily as well as getting a more talented and motivated workforce. In order to invest in employees, Louis Chenevert has suggested an emphasis in teamwork building, a positive work environment, rewards for hard workers and also an employee scholarship program.
When a company is looking to invest in employees, one of the things that Louis Chenevert suggested is to offer an employee scholar program. This is a program that entails providing funding for education and training. Since college programs can be quite expensive, many employees can have difficulty affording it. This can also lead to a lot of debt as well. However, an employee scholar program allows employees to get the education and training they need at little to no cost. As a result, they will be able to get the training they need in order to advance their career without financial strain.
Another thing that Louis Chenevert suggested was to offer rewards for hard workers. A company has certain employees who stand out among the rest. They demonstrate a solid work ethic as well as good performance. To make a workforce more productive, a company will benefit by offering things such as gift cards and bonuses to reward its top workers. Rewarding hard workers has proven to give them extra incentive to perform at their best. With better performing workers, a company will be in position to meet its objectives more easily.
Any company that is looking to invest in their employees will also benefit by emphasizing teamwork and providing a positive work environment. Companies that encourage their employees to work together on a regular basis will lead to more efficiency. With them working as a team, many tasks will get done faster. Therefore products and services will likely be better and satisfy customers. Providing a positive work environment for employees will give them a place where they will enjoy working.