Recreating the Power Grid
Leaders in the power sector face unprecedented challenges in responding to these changes while continuing to provide safe, reliable, clean, and affordable electricity.
This book aims to provide power industry executives with a hands-on guide to lead their organizations through change. Steering this organizational change journey calls for an ongoing creation of pathways that ideally start with a “point of departure” and continue in the direction of the envisioned future. The changes that the power industry face today do not originate from within the industry but come from external forces such as drive for sustainability, customer engagement and digitalization.
Recent events such as the disruption of worldwide supply chains during the COVID-19 pandemic, economic unrest, migration crises, political instability, and financial disruptions over the past decade have resulted in a business atmosphere that is highly volatile, uncertain, complex, and ambiguous, captured by the term VUCA. To successfully lead in this dynamic VUCA world, a leader needs a belief system which is formed from a collection of rules, hypothesis, and a systematic method that can used to explain reality and in turn be used to make predictions. The closest analogy is that of the ancient mariner navigating through the seas, charting and changing the ship’s course to adapt to ocean conditions that range from periods of turbulence to times of pristine calm.
This book helps power industry executives to systematically navigate the complex technological and organizational changes necessary to recreate power grids.
Recognizing that historical and existing ways will not work, a new paradigm is presented for industry leaders to tackle some of the key questions to determine the best path forward:
- What will the business be like in the future?
- What technologies will likely prevail?
- How should my company respond to constant change?
- How expensive will the transition be?
- Will the customer expectations be met?
- How fast do we need to change?
Drawing on well-known management principles, the book helps industry leaders to provide a methodology to tackle these questions and sharpen their decisions as they embrace innovation, new customer expectations and digitization in their efforts to steer the energy transition.
What Industry Leaders are Saying?
“Recreating the Power Grid” is an exceptional work that pushes the boundaries of our understanding and imagination. With its expert analysis, accessible language, and visionary outlook, it is a true testament to the author’s brilliance and commitment to a sustainable future.“
“This book has a broad appeal from management to technical/delivery people in organizations. Students looking for ideas to support their careers, professionals looking to develop and entrepreneurs to develop ideas.”
“Key reading for energy system professionals seeking to drive organizational change in our industry.”
“This book really addresses issues facing managers in the energy industry today.“