How Leaders Lead with David Novak

#235: Dave McKay, President and CEO of RBC – Go public with your big goals

Apr 17, 2025
Dave McKay, President and CEO of RBC, brings over 30 years of banking experience and shares his insights on breaking career ceilings through bold goal-setting. He believes that publicly declaring ambitious goals can rally teams and attract talent. McKay discusses the synergy between business and creativity, exemplified by RBC's partnership with Taylor Swift during her tour. He emphasizes the importance of integrity and continuous learning, highlighting how an ambition-driven culture fosters innovation while maintaining ethical practices in leadership.
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ANECDOTE

Early Lessons From Family Business

  • Dave's father ran a small business importing lights, teaching him the value of relationships.
  • Personal loss at 13 shaped his early life and leadership values.
ADVICE

Learn Three Jobs at Once

  • Learn not only your job but also your boss’s and a peer’s to accelerate growth.
  • This triple learning helps you understand organization challenges and prepares you for future roles.
INSIGHT

Power of Ambitious Goals

  • Setting ambitious goals attracts top talent and builds momentum in an organization.
  • Going public with goals forces commitment and enables measurable progress.
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