Arete Coach 1118 Peter Michaels "Anticipate: Advice from an Executive Coach, Banker, M&A Specialist""
- S1E1118
- 1:00:04
- March 20th 2023
Welcome to Episode 1,118 of the Arete Coach Podcast, where your host, Severin Sorensen, is joined by esteemed guest Peter Michaels. Peter is an accomplished Executive Coach, former Vistage Chair, Commercial Banker, and Mergers and Acquisitions expert. He currently holds the position of President at Shadow River Corporation.
In this timely episode, titled "Anticipate: Insights from an Executive Coach, Banker, & M&A Specialist," we dive into the pressing events of March 2023, including the collapse of Silicon Valley Bank and Signature Bank, and the unfolding banking crisis. As a seasoned commercial banker with 20 years of experience and a former top executive at one of the largest independent regional banks in the US, Peter shares his invaluable insights on the nature of money, its implications, and what it isn't.
The conversation shifts towards what executive coaches, business owners, entrepreneurs, and CEOs should be doing to prepare for the financial crisis, including accumulating cash and convertible treasuries. We also explore the possible actions banks may take to protect their assets, such as clawing back credit lines, tightening credit availability, and the subsequent impact of money tightening on the economy.
As we delve deeper into Peter's life, we journey through his impressive career spanning three industries: 20 years in commercial banking, a decade in M&A in Southern California, and over two decades of executive coaching as a Vistage Chair or independent coach. Throughout the interview, Peter shares a crucial lesson he learned from a mentor: "Anticipate." We discuss the significance of this word from various angles, reflecting on its profound implications.
Please note that this podcast episode, its transcript, and any future insights articles derived from its content do not constitute financial advice. We are not your accountants or advisors. Consult with your own financial professionals before making any decisions. Our discussion is simply an exploration of the current economic landscape and its potential impact on business owners, entrepreneurs, CEOs, key executives, and the executive coaches who serve them.
The Arete Coach Podcast seeks to explore the art and science of executive coaching. You can find out more about this podcast at aretecoach.io.
This episode was produced on 14 March 2023.
Copyright © 2023 by Arete Coach™ LLC. All rights reserved.
Arete Coach: Exploring the Art and Science of Executive Coaching
“Arete Coach Podcast" Explores the "Art and Science" of Executive Coaching hosted by Severin Sorensen. The “Arete Coach Podcast" is for executive coaches and anyone considering becoming an executive coach. The podcast is especially valuable to executive coaches who are lifetime learners with deep curiosity about the "art and science" of coaching. In this podcast, the ‘art of coaching’ is explored through engaging interviews with leading executive coaches from diverse backgrounds sharing their individual coaching journeys, learnings, methods, best questions, and situational approaches to executive coaching. Beyond best practices, the podcast will regularly mine research on the ‘science of coaching’ and explores ongoing scientific discoveries and studies looking for what works and why, with an aim to improve the core body of knowledge for executive coaches and the industry. Severin Sorensen has provided over 7,500 hours of paid executive coaching sessions and he holds the following coaching certifications: ICF/ACSTH Certified Executive Coach (CEC), Certified Organizational Development Coach (CODC), Certified Life Coach (CLC); and the IAC: Coach Masteries Practioner. Severin Sorensen has an M.Phil in Economics at King's College, Cambridge University, and undergraduate degrees in Economics and Political Science from the University of Utah.
The Arete Coach Podcast is the copyright of Arete Coach LLC.
Severin Sorensen is host of the Arete Coach Podcast, where he interviews executive coaches and researchers with the aims to celebrate and explore the art and science of executive coaching today.
Severin is a senior executive coach, serial entrepreneur and lifetime learner with a passionate curiosity about people and businesses. Severin is the CEO of ePraxis LLC, a premier level retained search firm that provides executive headhunting, talent selection, and executive coaching. (www.epraxis.com)
Severin is a certified coach with an IAC Masteries Practitioner designation and 800+ hours of ICF/ACSTH and other advanced training in Executive Coaching, Organizational Development, EOS, Life Coaching, Emotional Intelligence (EQ), and Positive Intelligence (PQ). Severin has over 7,500+ hours of paid executive coaching working with high performing executives, owners, and operators of public and private companies throughout North America.Severin's coaching clients include boards of directors, CEOs, Presidents, GMs, COO, CFO, CTO, VP Engineering, VP Talent, and many other positions.
Severin lives in Park City , Utah and his virtual coach practice includes clients throughout the Americas.
From 2010-2018 Severin was a Vistage Chair where he coached three CEO and Key executive groups. In 2011, Severin received the "Rookie of the Year Chair Award" from Vistage. Since 2013, Severin has added international speaking for Vistage, CEO conferences, executive peer groups, and corporations on the topic of identifying and hiring difference making top talent.
In terms of the types of clients coached, Severin has coached new CEOs (with less than 2 years experience), large company executives (e.g., Managing Director of Rio Tinto), numerous high-growth entrepreneurs operating INC 5000 businesses, multi-generational family owned businesses, and primary-equity business owners who are still actively managing their companies. Severin has experience coaching both private and public company executives and their executive teams.
Severin's own coaching practice is tool based, using diagnostics, surveys, and Socratic questioning to get to root issues. You can learn more about Severin at epraxis.com (insights), LinkedIn, Quora, and Twitter. If you think you might be a good fit for executive coaching with Severin, he is happy to give you a free test drive coaching session to see if this would be good for you and your team. You can book a free test-drive 30 min coaching huddle at: calendly.com/epraxis.