Best Practices Towards Bridging Talent and Innovation in the Energy Sector with Michael Kolodner
Mar 1, 2024
auto_awesome
The podcast discusses the importance of collaboration in the energy sector, the talent gap, and the future of clean energy sources. Michael Kolodner shares insights from industry conferences globally and the proactive nature of young professionals. The episode also features students discussing their journey into risk management and energy careers.
Importance of creating a collaborative space for stakeholders in the energy sector
Recognizing the critical talent gap and the innovative approach to recruiting new blood in the industry
Deep dives
Marsh's Initiation of Energy and Power Community Conversations
Marsh initiated a platform where the energy and power community could engage in discussions with various stakeholders regarding risk challenges tied to the transition. The goal was to facilitate dialogue without a sales-focused agenda, enabling clients to address industry issues collectively. The success of these events, held in locations like Dubai and Sydney, garnered positive feedback for fostering diverse and engaging discussions with limited marketing efforts.
Emphasis on Talent Shortage in Risk Management Industry
The podcast highlighted the critical shortage of talent in the risk management industry, affecting both operational project roles and financial services. Industry leaders voiced concerns about the lack of professionals with essential expertise, emphasizing the need for specialized skills amidst a competitive landscape. Noteworthy instances, such as undergraduates actively engaging in the energy conference and linking with industry professionals, underscored the significance of promoting and nurturing talent within the sector.
Diverse Career Opportunities in Risk Management and Energy Sector
The conversation delved into the dynamic and expansive career opportunities within risk management and the energy sector, surpassing conventional perceptions of the industry being solely focused on traditional insurances. Attendees and students from the University of Houston expressed newfound interests in energy risk management, driven by the industry's complexity and continuous evolution. The evolving energy landscape, accentuated by emerging technologies like hydrogen and renewables, offered promising avenues for professionals seeking varied and intellectually stimulating career paths.
Michael Kolodner is the Global Renewable Energy and US Power leader at Marsh. In this episode, Michael shares insights from Marsh’s 2024 North America Energy Industry Conference. He highlights the importance of creating a collaborative space for stakeholders across the energy sector. He emphasizes the critical talent gap in the industry, the innovative approach of bringing diverse voices together, and the future of clean energy sources like geothermal.
The episode also features a dynamic conversation with Elisa Cardenda and Andrea Yanez, two ambitious students from the University of Houston, who share their journey into the world of risk management and energy. They shed light on the evolving perceptions and opportunities within the industry from a young perspective.
Key Takeaways:
A little bit about Michael and his work at Marsh.
Michael shares his approach to risk in the energy and power sector.
When attending any industry conference, it’s important to facilitate meaningful dialogue without a sales agenda.
What are Michael’s thoughts on talent acquisition and how to recruit new blood into the energy sector?
Michael shares insights gained from attending and analyzing energy industry conferences globally, particularly in Dubai and Australia, and how it shapes his leadership style and vision.
Michael admires how young professionals today seem to be more proactive than ever to advance their careers and seek support.
This business is incredibly fun and rewarding; however, the majority of people just don’t know it exists.
The barriers to entry into the risk industry are not that high. So many people have fallen into it and stayed. Law professionals aren’t able to say the same thing.
Two undergraduates join the podcast to talk about their learning experience and journey into risk management.
Elisa and Andrea share their initial misconceptions about the industry and how their exposure to the conference and educational programs changed their perceptions.
What are Elisa and Andrea’s thoughts on the Middle East and how they manage their power sector?
What makes energy so interesting and exciting for these two students?
The discussion on the diversity of the energy sector, the various career paths within it, and the evolving landscape of opportunities is an incredibly exciting space to be in.
There are no two days that are the same. You get to learn something new every day.