The United Technologies Corporation, headquartered in Farmington, Connecticut was once fortunate enough to employ businessman Louis Chenevert. This former Chairman and CEO wasn’t just wise, but he was also willing to serve in multiple positions that would prepare him for these roles early on.
This multinational conglomerate was a key player to the research and development of HVAC, aircraft engines, fire and security and more. Anything of significant value for safety or otherwise was being produced by United Technologies Corporation. The primary job for Louis Chenevert was to not only ensure that quality was at the forefront of it all, but he was also developing a strategic team to aid in the long-term mission and vision for the company.
Results focused, Louis had decided that operational talent was critical for the company, as well as putting small teams together to ensure that projects would be brought to fruition quickly. As a leader, it was his job to teach all those in management to ensure that their teams would have the tools and resources to complete any job that they had ahead of them.
There were many great joys that Louis experienced while working for the company, but one of the most important was the combination of speed of change and technology. Habits are another important aspect of work according to Louis Chenevert. This is because he believes that every habit is dependent upon the other habits you have. Creating good habits will continue to breed other good habits. He says that relentless focus in combination with relentless follow-up is critical for the best results.
Louis Chenevert always did his best regardless of where he was, but he also knows that internal politics can have a negative impact on your work and those that you work with. It’s important to keep your eyes on the prize and stay focused.
Oil Service Companies Are Not Dying
According to Matt Badiali, an experienced investor and writer for the Banyan Hill, oil service companies should be considered for a potential investment. Badiali acknowledges that oil prices remain historically low, but he regards this as an opportunity to place some capital into companies such as the VanEck Vectors Oil Services ETF. Visit prnewswire.com to know more.
According to this natural resource expert, oil prices will not remain low indefinitely. Moreover, it seems to be just a matter of time before they begin shooting up and reach their normal levels. A direct relationship between oil prices and oil service companies is what prompts this investor to advise others to give it thought. Naturally, when oil prices start growing, there will be a lot more drilling and production. Once that occurs, companies who operate in that segment will have more work and profits, which will grow their stock prices. Thus, buying a piece of these companies now when they are relatively cheap might prove to be a prominent investing strategy.
Besides a considerable amount of data that Badiali has taken into account, his experience with investing is also an important factor. During the decades that he has made profitable investments, Badiali has seen many industries hit the rock bottom. The only direction from there was up and he believes that this is what is happening with the oil industry at the moment. Oil prices have hit an all-time low recently and, moving on, nothing but growth should be expected.
Who is Matt Badiali?
Badali is a Penn State and Florida Atlantic University graduate. He holds a Masters in Geology and has an extensive curriculum of travels to countries where his investments were located in. The strategy that has proven to be very successful for him is based on face-to-face interactions. Since he has experience in the natural resource business, he is able to evaluate if companies will be profitable long before any large projects are even taken.
This ability of his comes from the fact that he knows the ins and outs of the industry. A simple drilling issue that the majority of the market would not even recognize is something that Badiali sees as a red flag. His knowledge and experience have further facilitated him teaching Geology at Duke University and the University of North Carolina. Safe to say that his advice should most likely be deemed as valuable!