The Intangible Balance Sheet
The Intangible Balance Sheet Podcast
Nigel Lakey: Episode 75
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Nigel Lakey: Episode 75

Summary: In this episode of the Intangible Balance Sheet podcast, we are joined by Nigel Lakey. Nigel is a mechanical engineer and innovator in the oil and gas industry. Nigel shares insights from his upbringing in Edmonton, the influence of his immigrant parents, and his journey into mechanical engineering. Listen in as Nigel shares his career path, including significant roles at Dresser Industries and Tesco Corporation, where he focused on innovation and leadership. You’ll hear more about themes of grit, teamwork, and the importance of having and sticking to your plan in business. Lastly, Nigel reflects on his legacy and the qualities he hopes to be remembered for, emphasizing the value of integrity and support in professional relationships. Thank you Nigel for sharing and capturing your story with our audience.

takeaways

  • The concept of an invisible balance sheet is crucial.

  • Family history and upbringing significantly shape one's character.

  • Growing up in a blue-collar environment instills a strong work ethic.

  • Discovering mechanical engineering was influenced by family and mentors.

  • Career opportunities often arise from unexpected moments.

  • Innovation and disruption are key to success in any industry.

  • Leadership involves empowering teams and fostering a supportive environment.

  • Having a clear strategy is essential for business success.

  • Personal branding is important for career advancement.

  • Reflecting on one's legacy can provide valuable insights into personal values.

Chapters

01:50 Navigating Corporate Technology Challenges

05:44 Nigel Leahy's Background and Career

10:36 Influences from Family and Upbringing

15:25 The Journey to Mechanical Engineering

20:38 Career Beginnings and Influential Encounters

25:31 Navigating Career Transitions and Responsibilities

30:10 The Importance of Innovation and Team Dynamics

35:17 Leadership Lessons and Strategic Planning

40:11 Personal Reflections and Legacy

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