The Boardroom 180 Podcast

By: Munir Haque (ma-near hawk)
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  • Summary

  • Board Governance Best Practices and Stories/Experiences Shared
    ©2024 ActionEdge Executive Development
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Management Education Economics
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Episodes
  • Canada-UK Diplomacy & Governance with the Honourable Ralph Goodale, Canada's High Commissioner to the United Kingdom

    Canada-UK Diplomacy & Governance with the Honourable Ralph Goodale, Canada's High Commissioner to the United Kingdom
    Sep 24 2024
    In this episode of The Boardroom 180 Podcast, host Munir Haque invites the Honourable Ralph Goodale, Canada's High Commissioner to the United Kingdom, to share insights on diplomatic relations and governance. The conversation covers the importance of anticipating global trends and how challenging it has become with the increasing pace of change and interconnectedness. They also discuss Goodale's extensive political career, spanning over four decades, and his current role in strengthening Canada-UK relations. Not only does Mr. Goodale highlight the complexities and responsibilities of diplomacy, but he also discusses his experiences as High Commissioner in London, describing the city's vibrant cultural and political landscape. He reflects on the rapid and efficient political transitions in the UK, contrasting them with those in Canada and the US, and praises the UK’s ability to switch governments swiftly and without turmoil. There is professionalism in the British public service in preparing for potential leadership changes that could serve as a model for other democracies, including Canada, which is effective but moves at a slower pace during transitions.Munir and Mr. Goodale explore the role of diplomats in fostering international relationships. The significance of maintaining strong ties with the new UK government following the recent election was stressed by Mr. Goodale, along with the importance of building relationships and ensuring Canadian interests are effectively represented. The episode provides a comprehensive look at the intricacies of diplomacy, the value of strong governance, and the critical role of international relationships in shaping global affairs.About Ralph GoodaleRaised on a family farm near Wilcox, Saskatchewan, Ralph Goodale received a Bachelor of Arts from the University of Regina in 1971, and a Bachelor of Laws from the University of Saskatchewan in 1972. He has practical experience in business, agriculture, law, and broadcasting, as well as federal and provincial politics.He was first elected to the Parliament of Canada in 1974 at the age of 24, representing Assiniboia in Saskatchewan. In the 1980s, he served as leader of the provincial Liberal Party, and was elected to the Saskatchewan Legislative Assembly in 1986.Mr. Goodale returned to the House of Commons in 1993 as the Member of Parliament for Wascana, and was subsequently re-elected in 1997, 2000, 2004, 2006, 2008, 2011 and 2015. He served in the federal Cabinet as Minister of Agriculture and Agri-Food, Minister of Natural Resources, Leader of the Government in the House of Commons, Minister of Public Works and Government Services, Minister of Finance, and Minister of Public Safety and Emergency Preparedness.In March of 2020, Mr. Goodale became Special Advisor to the Government of Canada with respect to Iran’s deadly attack against Ukraine International Airlines Flight PS752 which claimed many innocent Canadian lives. In December of 2023, Mr. Goodale was named Canada’s official representative to the Ismaili Imamat. He continues in both of these roles.--Contact Munir Haque | ActionEdge Executive Development: Website: AEEDNow.comLinkedin: Action Edge Executive Development Inc.Contact Ralph Goodale: Website: International.gc.caParliament of CanadaTwitter / XPodcast Production:Recording: PushySix StudiosProduction Assistance: Astronomic Audio--Transcript Ralph Goodale: [00:00:03] If you really want to score, skate to where the puck is going to be, not to where the puck is, because you'll always be after the fact. But you have to make those judgments about where the world is going, and making those judgments is harder now because it's all going faster and faster and faster and there are interconnecting circles and everything is more complicated.Munir Haque: [00:00:29] Hello everyone, and welcome to another episode of The Boardroom 180 Podcast. I'm your host, Munir Haque, an executive coach and senior board strategist. I have partnered with Action Edge Executive Development to lead their governance and political acumen division. In each episode, we meet with governance leaders and step into their boardrooms, where decisions shape the world around us. Munir Haque: [00:00:48] Welcome to another episode of The Boardroom 180 Podcast. Our guest today is the Honourable Mr. Ralph Goodale, High Commissioner for Canada in the United Kingdom of Britain and Northern Ireland and the Permanent Representative on the International Maritime Organization. He's been in this position since 2021, since retiring from Canadian politics. He was first elected to the Parliament of Canada in 1974 at the age of 24, representing Assiniboia and Saskatchewan. This was only two years after receiving his law degree. In the 1980s, he served as a leader of the provincial Liberal Party, and was elected to the Saskatchewan Legislative Assembly in 1986. Mr. Goodale returned to the House of Commons in 1993 and was Member of Parliament for Wascana,...
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    58 mins
  • Pro-Wrestling, Trump & International Governance with Gary Mar, CEO of the Canada West Foundation

    Pro-Wrestling, Trump & International Governance with Gary Mar, CEO of the Canada West Foundation
    Sep 10 2024
    Munir Haque is joined by Gary Mar, President and CEO of the Canada West Foundation and former Member of the Legislative Assembly in Alberta from 1993 to 2007. Gary discusses the Canada West Foundation’s work and shares with Munir the differences between governmental governance and governance in industry. With his experience across different types of boards, Gary understands what makes a good one and what the purpose of a board truly is.Governance is as good as the people holding board seats, much like the captain of any ship relies on a quality crew to know each of their jobs intimately. The stronger your hiring, the more your board can accomplish, and Gary’s experiences highlight this truth. In addition to his knowledge of governance, however, Gary understands the nuance of the natural resources sector as well as oil and gas interests, and the conversation Munir and Gary have is enlightening. Gary Mar shares an intimate understanding of politics, policy-making, the needs of Western Canada, and trade agreements. His expertise extends into international corporations and he sheds light on how boards function in China and abroad. The needs of a well-functioning board come down to specific personality types and skill sets, and an understanding of the relationship between a CEO and the board is key. Munir avails himself of Gary Mar’s experience and knowledge to our benefit in this expansive interview. About Gary MarGary G. Mar is President and CEO of the Canada West Foundation, an independent, non-partisan policy organization working to improve the lives of Canadians in the West and the country as a whole.Gary’s background in government and business provided him with experience in the Canada West Foundation’s primary policy areas of trade and investment, natural resources and human capital. The foundation conducts evidence-based research and analysis to develop policy recommendations in areas such as international trade relationships, trade infrastructure, workforce development and the nexus of energy, environment and the economy.Prior to joining the foundation, Gary served as President and CEO of the Petroleum Services Association of Canada where he represented the service, supply and manufacturing sectors within the upstream petroleum industry. He also had a successful career in government serving as a Member of the Legislative Assembly in the Province of Alberta from 1993-2007 and holding several Cabinet portfolios. He then served as the Official Representative of the Province of Alberta at the Canadian Embassy in Washington D.C. and as the Province of Alberta’s Representative in Asia.Gary, who has a law degree from the University of Alberta, was appointed as an Adjunct Professor at the institution’s School of Business in Marketing, Business Economics and Law and is also Adjunct Professor at the University of Calgary’s Haskayne School of Business. In 2022 he was appointed as a member and chair of the Council of the Alberta Order of Excellence and was also awarded the Queen Elizabeth II Platinum Jubilee Medal for public service.Resources discussed in this episode:“The Battle of the Billionaires” on YouTube__Contact Munir Haque | ActionEdge Executive Development: Website: AEEDNow.comLinkedin: Action Edge Executive Development Inc.Contact Gary Mar: Website: CWF.caLinkedInPodcast Production:Recording: PushySix StudiosProduction Assistance: Astronomic Audio--Transcript Gary Mar: [00:00:03] It’s a reciprocal obligation to provide to your board what you believe are the best strategies to move forward, but it’s also your board’s responsibility to bring in their body of experience to instruct the CEO so it really goes both ways. If you’ve got a good board, there should be no fear at all of the exchange of ideas and instruction.Munir Haque: [00:00:27] Hello everyone, and welcome to another episode of The Boardroom 180 Podcast. I'm your host Munir Haque, an executive coach and senior board strategist. I have partnered with Action Edge Executive Development to lead their governance and political acumen division. In each episode, we meet with governance leaders and step into their boardrooms where decisions shape the world around us. We'll hear the good, the bad and the ugly, but with a keen focus on where the gaps are, discover emerging best practices and real world tools to better evaluate, guide and grow you and your boards.Munir Haque: [00:00:58] Welcome to The Boardroom 180 Podcast. Today we'll be speaking with Gary Mar. Gary is the president and CEO of Canada West Foundation, he's been that since 2020. He's an accomplished and respected leader with the deep knowledge of government and business and expertise in key policy areas of resources, environment and economy, skills, innovation and productivity, trade and trade infrastructure. Previously, Gary served as president and CEO of the Petroleum Services Association of Canada, the national trade association representing the ...
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    56 mins
  • Governance in Acquisitions with Liz MacRae

    Governance in Acquisitions with Liz MacRae
    Aug 27 2024
    Munir Haque is joined by exit plan advisor and co-founder of Village Wellth, Elizabeth MacRae, to talk about the buying and selling of business and why Village Wellth was founded to facilitate those needs. What is the board of directors’ role in an acquisition or sale? What is typically overseen by the board? Liz sheds light on how they operate in her world and what makes exit planning such a vital necessity.The manner in which businesses seek growth is varied, whether they consider growth through acquisition, by taking the traditional path through organic growth marketing and sales, or via accessing debt to grow capacity. The viability of different growth options is discussed and Liz explains the factors that lead even smaller companies to consider acquisitions, which is where Village Wellth’s role is significant. Learn how governance is affected by a merger or sale, how the choice of growth pathway will affect the governance and board decisions and why. There are reasons to consider a change of governance if the business is to become more profitable before the sale, or to form a board if investors require it. Liz delves into how a board of directors can lead a company to success by guiding the processes and procedures and a certain standard and quality of financial reporting, important factors if a company is changing hands. This episode reveals the importance of governance from an exit plan and acquisition perspective.About Elizabeth MacRaeLiz is a certified exit plan advisor and co-founder of Village Wellth, an acquisition management platform supporting entrepreneurs in accessing deal flow and capital for business acquisitions. Her journey into entrepreneurship stemmed from a pivotal moment when she missed the chance to take over her father's family business due to a lack of succession planning. Together with her husband Scott, they embarked on business ownership by purchasing a franchise. Their experience of navigating the inception and the eventual sale of the franchise sparked Liz's passion for business succession. Over the past decade, Liz has acquired and successfully exited two companies. Her expertise spans transaction services running a boutique, business brokerage, facilitating deals between buyers and sellers, and as an exit planning advisor. Drawing from her client interactions and personal ventures, Liz is an avid speaker dedicated to empowering aspiring entrepreneurs and founders by sharing insights into business acquisition and the strategies for proper exit planning. Her commitment to simplifying and enhancing the business acquisition process underscores her vision for improving access to entrepreneurs and business sustainability. She also serves as co-president of the Calgary M&A Club.--Contact Munir Haque | ActionEdge Executive Development: Website: AEEDNow.comLinkedin: Action Edge Executive Development Inc.Contact Elizabeth (Liz) MacRae: Website: VillageWellth.comLinkedInPodcast Production:Recording: PushySix StudiosProduction Assistance: Astronomic Audio--Transcript Elizabeth MacRae: [00:00:03] I'm a big philosopher of this too, is if you plan to exit someday, have those exit strategies in mind because if you understand how you can exit a company, you'll make different decisions every single day. At the micro level, because you'll understand that when you get to due diligence, how those decisions are going to be looked at. I'm a huge proponent for understanding, even if you don't plan to exit yourself for 10, 15 years, if you're not necessarily raising capital today, but you plan on raising capital, understand how that works now, because it's a tremendous amount of work if you have to get prepared for due diligence. Munir Haque: [00:00:48] Hello everyone, and welcome to another episode of The Boardroom 180 Podcast. I'm your host Munir Haque, an executive coach and senior board strategist. I have partnered with Action Edge Executive Development to lead their governance and political acumen division. In each episode, we meet with governance leaders and step into their boardrooms where decisions shape the world around us. We'll hear the good, the bad and the ugly, but with a keen focus on where the gaps are, discover emerging best practices and real world tools to better evaluate, guide and grow you and your boards.Munir Haque: [00:01:18] Our guest today is Elizabeth MacRae. Liz is a certified exit plan advisor and co-founder of Village Wellth. That's w-e-l-l-t-h. It's an acquisition management platform supporting entrepreneurs in accessing deal flow and capital for business acquisitions. Her journey into entrepreneurship stemmed from a pivotal moment when she missed the chance to take over the father's family business due to a lack of succession planning. Together with her husband Scott, they embarked on business ownership by purchasing a franchise. Their experience of navigating the inception and the eventual sale of the franchise sparked Liz's passion for ...
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    49 mins

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