Jenoir Client Spotlight: Canadian Venture Capital and Private Equity Association – IC20 Online Master Class

Author: Dirk Schlimm | | Categories: Change Management , Corporate Keynote Speaker , COVID-19 , Crisis management , Decision Making , Executive Coach , Executive Education , Influence , Influencing Powerful People , IPP , IPP 2.0 , Keynote Speaker , Leadership , Power , Teamwork

Blog by Jenoir International Inc

Jenoir Client Spotlight: Canadian Venture Capital and Private Equity Association – IC20 Online Master Class

By Dirk Schlimm

Finding and retaining a capable CEO has always been the bedrock challenge for boards; times of crisis put an even bigger premium on leadership as now is the time to accelerate changes that were overdue anyway and position the organization for the future. Some of changes may have to be a radical reorientation of the firm as pre-COVID business models are being upended in their entirety and new opportunities emerge. Devising and executing the right strategy is no longer an issue of more or less value creation, it may well be a matter of survival.

The process of repositioning with urgency will inevitably lead to tension in the boardroom. It is good to remember that conflict is actually not a negative but needed to bring necessary perspectives to the fore, help devise the best possible approach, and uncover and mitigate risks. Therefore, if managed well, difficult conversations in the boardroom will lead to healthy debate with better outcomes and stronger relationships. If managed poorly, however, crisis can deteriorate into dysfunction and even complete breakdown.

In the current COVID climate we can learn not only from business leaders and academics but also, and specifically, from public health officials as they have taken center stage in many countries. We can see conflict and debate play out in very public ways when it comes to government response to the dual challenge of public health and economic crisis brought on by the pandemic.

That’s why it was to timely to explore the topic of difficult conversations in the boardroom within a new context at Invest Canada ’20 ONLINE. I would like to thank Mia Bacic, partner at Bennett Jones for the introduction and moderation, CVCA for providing the forum and making the online format work, and Kim Furlong for providing this kind review of the session:

“When we reached out to Dirk to speak at our Invest Canada conference this year, we had originally planned for it to be in person. We had to quickly pivot to move it online, and we appreciated Dirk’s flexibility in changing the course of the session to relate to the current environment, while still providing a professional development opportunity for our attendees! Dirk was a pleasure to work with and his session was very insightful and informative, and our attendees thoroughly enjoyed it! Thank you for speaking at our IC20 ONLINE conference!” – Kim Furlong, CEO, Canadian Venture Capital and Private Equity Association

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