"It's a difficult decision to get rid of a coach as good as John Plumtree, but it's part of a process of trying to create something fresh and new for both the players and the supporters."
Smit said he had not taken the decision lightly, or alone, saying he had consulted all the major role-players in the Sharks franchise.
Explaining why he had chosen Venter, Smit said: "I've seen first-hand what he can and does do; he's created something quite special at Saracens in terms of the rugby environment and the environment off the field as well. It's something that appealed to me and the reason why I looked to get him here."
The decision to get rid of Plumtree was not unanimous. Outgoing CEO, Brian van Zyl, said he wanted to place on record the fact that he had recommended that Plumtree's contract be extended for another two years. He had, however, been overruled.
Van Zyl said that when the board had appointed Smit in April, they also gave him licence to make decisions about how to build a new team management.
Explaining his philosophy, Smit said he wanted to tweak the Bulls' motto, "execution before innovation".
"As far as I'm concerned, we want to have execution as well as innovation as part and parcel of everything we do on and off the field."
Venter is currently assisting Junior Boks coach Dawie Theron in the IRB Junior World Championships in France. Smit said the former Springbok centre would coach the Sharks in the Currie Cup starting in August.
Asked whether he intended to beef up and restructure the Sharks' technical team, Smit would only say: "We'll see. I've only been in the job two days."
He did, however, leave open the possibility that a head coach could be appointed to complement Venter's position as director of rugby.
"They are two different jobs, and it would be a different way of running our rugby structures to a degree. There will certainly be more than one person controlling the large number of talented rugby players we have at the Sharks."