|Conference Public Address: "Leadership and Ethics"
Date: Wednesday, May 9
Time: 7:30pm - 9:30pm
Location: The Dining Centre (The Alberta Room), University of Calgary
Directions and Parking
The Conference Public Address will be delivered by Mac Van Wielingen, Founder, Co-Chairman and Director of ARC Financial Corp., Member of the Board of Directors of Alberta Investment Management Corporation, and President and Director of Viewpoint Charitable Foundation.
Mac Van Wielingen
Co-Chairman and Director – ARC Financial Corp.
Mac Van Wielingen provides leadership support for ARC Financial with a focus on strategy, corporate development and investment decision-making. Mac was a founder of ARC Financial in 1989 and ARC Resources Ltd. in 1996.
ARC Financial is a leading private equity investment management company focused on the oil and gas sector in Canada with currently approximately $2.7 billion of capital under management.
ARC Resources Ltd. is one of Canada’s largest conventional oil and gas companies with current daily production of approximately 90,000 barrels of oil equivalent and total market capitalization of approximately $7 billion.
Mac is Chairman of the Board of Directors of ARC Resources Ltd., a past and current director of numerous other companies within the oil and gas sector, and is active in various capacities in the community and the not-for-profit sector.
Mac is a member of the Board of Directors of Alberta Investment Management Corporation, a provincial crown corporation responsible for managing approximately $70 billion on behalf of public sector pension, endowment and special purpose funds.
Mac is also President of Viewpoint Capital Corporation, a private family-owned investment company, and President of Viewpoint Charitable Foundation, a private charitable foundation.
Mac has a passionate interest in leadership, organizational culture and communication, and is writing and speaking on related themes, based on 30 years of successful entrepreneurship and corporate executive leadership. In 2011 Mac won the Prairies Ernst and Young Entrepreneur of the Year award.
Mac is also a founder and Chair of the Canadian Centre of Advanced Leadership in Business (CCAL), at the Haskayne School of Business. CCAL's mission is to support the introduction of advanced understandings of business leadership into business education, with a focus on both performance and ethics.
Mac is a graduate of the Ivey School of Business in finance and has studied post graduate economics at Harvard University.
Overview: Public Address: "Leadership and Ethics"
The focus of my comments will be on leadership and ethics, drawing upon my experience in both the investment business and the energy sector.
At ARC Financial, our investment activity is focused on early stage ventures in the Canadian energy sector. We have invested over $2.5 billion in more than 160 companies, with a range of outcomes and experiences which offers a unique, rich understanding of the drivers of success and failure in business. I will also draw upon my experience as founder and Chair of ARC Resources, which is now a $7 billion leading oil and gas production company in Canada. My specific experience in business, combined with my studies of leadership, organizational development and ethics, have led me to see the profound importance of "strength of culture" in creating enduring success and ensuring positive outcomes for all stakeholders.
I have come to see that "strength of culture" is the foundation within an organization for quality decision making, employee engagement and commitment, knowledge development and the application of new knowledge, and organizational effectiveness. Strength of culture rests on a clarity of vision and purpose, specific essential competencies and on moral values that must be actualized within an organization to sustain success over the long term.
My experience is that in most business organizations goals and desired outcomes are unclear, limited and narrow. This reflects a lack of understanding of the fundamentals of organizational success, which also contributes to a misalignment and conflict with societal needs and interests. I will discuss what I have come to see as the four cornerstones of successful vision for a business organization, and how each aligns with similar interests or desired outcomes within society. I will provide concrete examples of business strategies within the energy sector relating to each of these cornerstones. All of this represents a framework within which ethics and ethical issues may be considered.