UTC is Saved

The United Technologies Corporation pulled off the impossible, they survived the great recession. Throughout the 2000s, many businesses were closing their doors left and right. Unemployment was on the rise, the housing market had just crumbled, and people were unable to sustain their workers. The change of all of these things brought the demise in bankruptcy of many corporations. One industry that was hit perhaps the hardest was the airline industry.

As the airline industry was hit by this recession companies such as Delta and United Airlines and Southwest Airlines were unable to continue purchasing airline parts from third-party manufacturers. This included United Technologies Corporation which had been one of the most dominant corporations in all of North America. Many business analysts thought that the writing was on the wall for UTC.

UTC was able to get a new chief executive officer, Louis Chenevert, who truly changed everything around. When he arrived the stock price was only $37 a share. By the time he walked out, it was at $117 a share. Needless to say, a lot of people made a lot of money. Exactly how did he do this though?

He accomplished the impossible by using three strategies. The first strategy was simple, offset the deficit. He was able to offset the deficit by acquiring companies such as Pratt & Whitney and Otis and Goodrich. These key acquisitions were crucial because they allowed UTC to take the profits from those companies that were not being hurt by the recession and use it to keep UTC afloat for the time being.

The second strategy he took was to plug the leaks in UTC spending. He found that UTC spent a needless amount of money on transporting their own goods and interviewing new workers. By plugging those leaks, he saved the company 15 million a year.

The last strategy he took was getting UTC to the point that it was able to meet the strictest environmental regulations. By lowering their carbon emissions and the water consumption, they no longer had to pay the environmental fines to the Canadian and American governments.


Daniel Mark Harrison, a Famous Business Guru

Daniel Mark Harrison was born in London England and later moved to Asia following his education. He is the founder and chief executive officer of Daniel Mark Harrison & Co., a family office founded in 2015 that deals with developing residential properties. The business has extensions in Hong Kong, Singapore, and Bangkok. He is also a managing director at Monkey Capital which is a famous decentralized hedge fund. He was named one of the leading innovators and the brightest in the world of startups.

Along with his business skills, Daniel Mark Harrison is also a renowned writer. His exceptional writing skills saw him doing columns for Forbes, Wall Street Journal, and Street.com among others. He has been a writer for CoinSpeaker a field of Bitcoins and Altcoins and has had a lot of success accredited to him as a result. He is the founder of Marx Rand, a daily interest, and current affairs publication where he acts as both an editor and publisher.

His first book as an author was Butterflies: the Strange Metamorphosis of Fact and Fiction in Today’s World, a combination of both fiction and journalism received excellent reviews from other renowned authors and fetched a top position on the Amazon’s bestseller list with a 5-star review from fans. Other books he has written after that, like The Millennial Reincarnations, have been received warmly by his loyal audience and other authors.

Daniel Mark Harrison keeps himself up to date with new and key technologies, is keen to observe the different aspects of industries, technology, and finance across the globe and make informed decisions concerning investments. As a result, within short periods of time, he accumulates great amounts of wealth. His focus is on making investments that can improve the lives of people worldwide, that’s why he invests in companies that address world’s most pressing challenges like pollution, cyber security, and exploitation. This master of all trades is without a doubt in it for a good cause.

As an award-winning journalist and an inspirational entrepreneur has proved that being observant and considering everything before you set out to create anything will bring forth good results especially in writing and when making business ventures and investments.

Lori Senecal; Global CEO Of The CP&B

In March 2015 as reported by PR Newswire, the CP&B MDC Partners named Lori Senecal as the global CEO of the firm. This is a position that was recently created by the company. Before the appointment, Lori was the president and CEO of the MDC Partner Network. She was also the global executive chairman of the KBS which is a sister shop for MDC.

She will still be operating as the president and CEO of the network. She, however, resigned as the global executive chairman KBS.

In her role as the global CEO, she will be responsible for overseeing the operations of the shop. She will also be in charge of the implementation process for the global growth and expansion strategy. Lori will be working in partnership with Andrew Keller, Richard Pinder, and Steve Erich.

She has extraordinary management experience which in combination with her passion and values has spearheaded the company to greater heights. Through her leadership, the company was recognized by the Advertising Age as the creativity innovators of the year. In a report by Huffingtonpost.com, Lori was also named as the four Agency Executives to Watch in 2016.

Before joining CP&B, Lori served as the president of the McCann Erickson. In 2003, she co-founded the McCann Erickson and also the TAG ideation. She was with the company for four years and six months. She was later promoted to the position of the Global Chief Innovation Officer a position she served in for one year.

Later in 2007, she became the president of the company. She left McCann in 2009 to join the Kirshenbaum Bond Senecal and Partners. For two years, she was the president and the CEO of KBS. She also served as the chairman of the firm from 2012 to 2014. Between September 2014 and March 2015, Lori operated as the president and CEO of the MDC partners and the Global executive chairman of KBS.

Under her leadership, the KBS firm grew tremendously from a 250-person agency to over 900 persons. Crain later recognized it as one of the best places to work in New York. Advertising Age also listed KBS as one of the standout agencies.

Lori has also managed accounts for different companies including Coca-Cola and Nestle.

Lori holds a bachelor of commerce degree in marketing and finance from the McGill University.

Through the course of her career, she has developed different skills including; Marketing strategy, new business development, integrated marketing among others.

Reference: https://www.fastcompany.com/person/lori-senecal

Read More: http://www.3percentconf.com/speakers/lori-senecal