Biggest Challenges Faced By A Director Business Development Clean Energy Transition At American Bureau Of Shipping
Kirk's biggest challenge as Director, Business Development - Clean Energy Transition at ABS is the abundance of promising clean energy concepts for the maritime industry, but a "high-risk avoidance" within the industry slows adoption of new technologies, making "a slow, long-term process to actually make these projects work out successfully." The challenge lies in finding enough clients to execute these numerous innovative ideas.
Clean Energy Transition, Decarbonization Strategy, Project Management, Risk Management, Industry Adoption of New Technologies
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Kirk Waltz
Director, Business Development - Clean Energy Transition
American Bureau of Shipping (ABS)
Cal Poly San Luis Obispo
Cal Poly San Luis Obispo (MS), Rice University (MBA)
Engineering - Civil, Engineering - Environmental
Climate, Environment, Sustainability & Waste Management
Sales and Client Management
None Applicable
Video Highlights
1. Many opportunities and ideas exist for clean energy transition in the maritime industry, but there is a challenge in finding enough clients to execute them.
2. The maritime industry has a high risk-averse nature, causing slow adoption of new technologies and making it challenging to bring new projects to life.
3. Successfully implementing clean energy transition projects in the maritime industry requires patience due to its slow, long-term nature.
Transcript
What is your biggest challenge in your current role?
It's very similar to what I find most exciting and fun about my role. It's also a challenge, having so many widespread opportunities, ideas, and concepts that could be useful for the maritime industry. This focus is on executing decarbonization strategy or going through clean energy transition opportunities.
There are sometimes maybe too many concepts and not enough customers or clients to really take hold of them and help execute. Perhaps there's a very high risk avoidance in the industry still.
This leads to less opportunity to bring these things to life. The industry doesn't adopt new technologies very quickly, making it a slow, long-term process to make these projects work out successfully.