MAKING OUR BOAT GO FASTER
Capital Power Executive Team
Scottsdale, AZ | March 2026
Re-entry Narrative
Here is a starting point for your re-entry narrative:
​Over the past few years, we’ve taken Capital Power through a massive transformation. At the recent board meeting, the clear message back was that this transformation is now complete and has created a scalable platform for the next decade of growth. That doesn’t mean change stops; it means we’ve reached an important milestone. We’re shifting from “transforming” the company to “competing and winning” with the company we’ve built.

We also sharpened our definition of what winning looks like. We aligned on four components that will define success for us heading into 2030: 
  1. Operational excellence across the fleet, 
  1. Disciplined, accretive M&A execution, 
  1. Building the right new generation at speed, and 
  1. Commercializing our merchant positions in a way that maximizes value. Ultimately, we will measure ourselves by intrinsic value per share and AFFO per share – that is how we will know whether we’re truly creating durable value.

    To deliver on this, we are dialing up our discipline. You will see it in how we make decisions and clarify who has the “A,” how we run meetings (purpose, outcomes, the right people, on time), how we protect the base while we surge on big initiatives, and how we standardize and scale through our operating model. We’ve been good; now we intend to be ruthlessly consistent so that the organization can move faster, with less friction and ambiguity.

    Finally, this week the Executive Team had a series of genuine “8% conversations” – the hard but necessary discussions about accountability, LOPO​ (left out, p'd off), enterprise vs. business lines, and how we show up for each other and our teams. Those conversations were candid, aimed at problems not people, and grounded in trust. They mark a step-change in how we lead together.

As we head toward Banff in three months, our commitment is to cascade this clarity and discipline, so that our teams feel both the momentum of what we’ve achieved and the confidence that we are now set up to win, together.
Meeting Summary
Here is the content we created and the images shared during the discussion:

File upload

Capital Power March 2026 post session.pdf

35.2 MB

CP Future Headline

Capital Power Headlines (Z-Fold Brochure (Landscape)).pdf

Meeting Pre-Work
Will It Make The Boat Go Faster?
For our discussion in Phoenix we will reference the insights and lessons learned from the book "Will It Make The Boat Go Faster?"

I have created an audio summary for you - and included below is a deep dive version, and a summary version.
I have also prepared a summary guide and encourage you to read through this and think about applicability to Capital Power and the ET.

File upload

Context for Capital Power ET

A summary and application of "Will It Make The Boats Go Faster?" to the broad context of the Capital Power Executive Team

🥇What is our Gold Medal?
Give some deliberate thought to what success looks like for you as a company.
Then, imagine this on the cover of the The Globe and Mail or The Wall Street Journal.
What would the article look like?
If you have any questions, you know where to find me:
Russell@TheAmbitionCo.com
Tel (call or text or WhatsApp) +1.917.5263501