BCBusiness

Nov2017-flipbook-BCB-LR

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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T here is no perfect leadership style—no prescription that will work for every CEO, or every wannabe, in every enterprise. Check the back issues of the Harvard Business Review, and you'll nd a long history of leadership fads, many of which still have merit. But for Renee Wasylyk, founder and CEO of large-footprint property development and construction rm Troika Developments, the time of the overbearing, my-way-or-the- highway boss is long gone. There are two reasons for the change. First, every new hire from the past 10 years has a box in their closet over„owing with participa- tion medals and trophies; millennials have been told their whole lives that their contributions would always be valued. As a result, "Mil- lennials are more demand- ing," Wasylyk says. "They want a transactional boss." Second, those new hires have entered the workforce at a time when the in„uence of women has softened the edges of traditional leader- ship practice. That's both noticeable and surprising in the development industry, which is well known for its toughness and is still heavily male-dominated. But it's the world that Wasylyk chose, and although she says, "I don't think about being a girl," she also knows that she is, by nature, "more rela- tional, more collaborative." All this came into clearer relief recently when Wasylyk was having lunch with a newcomer to the 70-person team at Kelowna- based Troika, which spe- cializes in residential and commercial projects. "I asked him how it was going, and he said that he'd been watching me. He said, 'I think I could do what you do. But I'd be a lot more savage.'" Wasylyk's response reveals her self- image and her own tough- ness. She told him, "Then you couldn't do what I do." Troika's developments, in 44 BCBUSINESS NOVEMBER 2017 DARREN HULL Home Truths Renee Wasylyk forged her own path in the real estate development business by seeking advice from others and choosing collaboration over confrontation L E A D E R S H I P

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