Reflections on CEO Summit, 2023

Reflections on CEO Summit, 2023

4 mins to read

James Clark
James Clark
Christoph Hornung
Christoph Hornung
Stuart Chapman
Stuart Chapman
2023 Event

“Silver medals are great… or so I hear.”

Michael Johnson

Gold

So said Michael Johnson in a particularly memorable line delivered as part of his keynote the Molten CEO Summit in the French Alps. The World Wide Web was young and some founders and Molten team were just learning to walk during the decade that Michael dominated the track. Over the course of 5 World Championships and 3 Olympics, he won 12 gold medals - and yes, zero silver medals. As a sprinter, Michael’s success was defined in fractions of a second, during the entirety of the 1990s his dominance was total. What could we all learn about the mentality required to achieve such sustained success?

Gratitude

Before answering that question, we’d like to take a moment to reflect on the fantastic few days we spent with our founders and CEOs a couple of weeks ago in the Chamonix Valley. It’s never easy to tear a CEO away from the office for a few days, so it’s only once a year we attempt to do so! But at Molten we believe that this kind of experience is critical to helping the companies in our portfolio achieve their greatest success and for us to gain a deeper insight into how we can improve in our service to our founders. Leadership is a constant uphill struggle, and events like the CEO Summit are tailored to offer us all a chance to bond with each other, find a bit of perspective, unwind a little and be rejuvenated for the path that lies ahead.

Uphill

To say the last 12 months have been tough for the tech industry is an understatement – you know it, we know it. In boardrooms and meeting rooms across our industry, 2023 has been a year of hard decisions and these have impacted us in ways we probably don’t realise. Mental resilience to overcome such adversity and then continue to lead at the highest level was the theme and focus on this year's Summit. Along with Michael’s keynote about sustaining high performance, we heard about strategies for managing mental health and the role of leaders in setting the example, as well as practical sessions about working on boards and the current status of the debt funding market.

The centrepiece of the Summit was a day long hike. Blessed with incredible sunshine, our group assembled outside our chalets in the town of Argentière hiking up through small hamlet of Tré La Champ. The main push of the day was ascending through the forests to the ridgeline along a glacial moraine, ultimately reaching the summit of Aiguillettes des Possettes, 2,200m above sea level. It was a challenging route, designed to be a physical and metaphorical effort, but enlivened by the staggering natural beauty of the higher reaches of the Chamonix Valley. We shared lunch as we reached the summit, but not before taking away valuable lessons of the impact of Climate Change on alpine environments like the Glacier du Tour. The descent was no less tough that the ascent, taking its toll on body, mind and at least 4 pairs of hiking boots. Look for your own metaphor in this and you’ll find it!

Reflections

Although the hike itself was physically demanding, the Summit as a whole offered us all a chance to develop different frames of reference for our own challenges. Within a few short days, our founders and CEOs took the chance to share perspectives and ideas among a peer group who understand what they face. For the Molten team it was a chance to build deeper relationships and find a perspective that can be missed in the challenges of our business relationships. We’d like to thank our founders and CEOs for joining us at the CEO Summit. We can’t wait for next year.

All photography and video courtesy of Paul Clarke Photography