Next Tuesday we’ll mark the 100th International Women’s Day.

Although we may have many reasons to celebrate, the numbers revealed in the 2010 Catalyst Census: Financial Post 500 Women Senior Officers and Top Earners aren’t one of them.

There’s some good news in the Census. The number of FP500 public companies with 25% or more women senior officers has increased by almost eight percentage points since 2008. But more than 30% of all Canadian companies lack even one woman senior officer—with no significant shift in the past two years. That’s the bad news.

Since 2006, the percentage of senior officer positions held by women has increased by 2.6 percentage points. And since 2008, the number has only grown by 0.4 percentage points per year.

Why haven’t we seen greater numbers of smart, well-educated women breaking through the glass ceiling? I posed that very question to a group of business students at the Richard Ivey School of Business earlier this week. One student suggested that we need more time for turnover and change to happen at the top. Others challenged that view, arguing that that the slow pace of change pointed to systemic cultural issues that require action from leaders and their organizations.

And they’re right. Successful organizations would never adopt “wait and see” as a strategy for change. We need less talk and more action if Canada’s corporate leadership is going to reflect the strengths of all Canadians.

So, here’s my challenge to anyone in Canada working for an organization listed on the FP500.

Go to our list of companies with 25% or more women senior officers. Is your organization listed there?

No? Then, check the list of companies with zero executive officers. Is your company listed there? If you didn’t find your company on either list, look on this list to see whether you are closer to zero or 25%.

The answers will tell you something about your organization, the commitment of your leaders to building a truly inclusive workplace, and your own opportunities for advancement. If you like what you see, celebrate and keep up the good work, remembering that equity is still a long way off.

If you’re embarrassed, speak up, and let that sense of disappointment be the fuel that drives you to take action.

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We’ve been a bit overwhelmed by the media interest in the 2010 Catalyst Census: Financial Post 500 Women Senior Officers and Top Earners! Check it out for yourself at:

“Women Still Scarce in Top Ranks at Canada’s Biggest Companies,” by Janet McFarland, The Globe and Mail, March 3, 2011.

“Executive Gender Gap Remains, Catalyst Report Says,” CBC News, March 3, 2011.

“More Women in Top Senior Positions,” QMI Agency, March 3, 2011.

“Women Rising to Executive Levels Still Few in Number,”` by Vanessa Lu, The Toronto Star, March 3, 2011.

“Good News, Bad News for Women’s Advancement Found in Latest Catalyst Census of Corporate Canada,” CNW Group, March 3, 2011.

“Women`s Leadership Slows to Crawl in Corporate Canada: Report,” by Darah Hansen, The Vancouver Sun, March 3, 2011.

“Good News, Bad News for Women`s Advancement,” Canadian HR Reporter, March 3. 2011.

“Good News, Bad News for Women in Canada’s Financial Services Industry: Catalyst,” by Megan Harman, Investment Executive, March 3, 2011.

“Comprehensive Plan Needed to Advance Women,” by Wallace Immen, The Globe and Mail, March 3, 2011.

“Cadres supérieurs et salaries élevés: la representation des femmes progresse lentement,” Branchez-Vous.com, 03 mars, 2011.

“Encore peu de femmes nommées à des postes de haute direction,” par Marie-Eve Shaffer, Métro, 03 mars, 2011.

This month, we’re watching the World Economic Forum at Davos, and we were encouraged to learn that organizers were seeking women for 30% of the participant spots.  Disappointment followed, but, according to one report, women are making a difference, even in their less-than-representative numbers.

Still a Man’s World Economic Forum

Despite efforts by major sponsors of the Davos event to increase participation by women, numbers fell short of the targeted 30%. Some of the women who made it speculate on the reasons.  (If you want to join our Catalyst LinkedIn discussion, check Davos attracts fewer women than the WEF had hoped .)

READ: “Davos Excludes Half The World as Women Miss 30% Level,” by Lisa Kessenaar, Bloomberg, January 24, 2011.

But Women Punch Above Their Weight

No surprise, there.  Some people even suggest that women’s perspective will give the World Economic Forum relevance in the real world of the future.

READ: “Women Make Their Mark at Davos, Though Still a Distinct Minority,” by Katrin Bennhold, The New York Times, January 26, 2011.

And, a couple of new titles to add to our “must-read” list!

Betty Friedan Revisited

The Feminine Mystique may have been dry prose, but it launched a cultural shift that is still taking place.  Stephanie Coontz considers contemporary and present-day reactions in A Strange Stirring: The Feminine Mystique and the Dawn of the 1960s (Basic Books).

READ: “Mad Women,” by Rebecca Traister, The New York Times, January 20, 2011.

What Are Our Daughters Learning?

Peggy Orenstein’s new book, Cinderella Ate My Daughter, debates the impact of commercial “girlie culture.”

READ: “Is Pink Necessary?” by Annie Murphy Paul, The New York Times, January 21, 2011.

One of my last duties of 2010 was an appearance before the Senate Committee on Banking, Trade and Commerce to support action to improve the representation of women on Canadian corporate boards, because diversity is important to women, and equally important to maintaining Canada’s competitive economy.  Today, C This Canada! includes a look at some of the reasons for the lack of women  in the boardrooms of the nation.   And we share some research, an industry success story, and a personal and moving story about the value of managing a healthy work-life balance.  An innovative partnership between schools and a technology giant also caught our eye.

Not quite as equal?

It may be barriers on the bottom and middle floors, rather than the glass ceiling, which are keeping women from reaching the boardroom in numbers that reflect their presence in the work force.  How do we identify the problems, and what are the remedies?

READ:  “Equality Not the Same as Parity in the Boardroom”, Kim Covert,  Postmedia News, December 23, 2010.

Accountants do it better!

Accounting firms are leading with innovative programs to ensure employees maintain a personal life, even during the high-pressure audit period.  Employees, and the businesses, benefit from the initiatives.

READ: “Flex Time Flourishes in Accounting Industry” Stephen Greenhouse, The New York Times, January 7, 2011.

We knew it!

Research suggests that your health may depend upon your approach—and your boss’s—to balancing work with the other important things in your life.

READ: “The Real Cost of Upsetting the Work-Life Balance”, Susan Pinker, The Globe and Mail, December 20, 2010.

And some personal evidence of the work-life link

FedEx Canada President Lisa Lisson speaks about the importance of balance between work and life as she coped with the strain of a personal crisis.

READ: “FedEx Chief Finds Strength, Comfort in Her Work”,  Gordon Pitts, The Globe and Mail, January 12, 2011.

Girls Find Place in Technology World

Schools across the country are finding a way to attract more girls to their technology training—with girls-only classes that allow participants to pursue their interests.  And the schools are being supported by Cisco Systems in an effort to address the technology skills shortage by overcoming the stereotype.

READ: “Girls-Only Computer Class Hits Refresh on IT’s Geeky-Male Image”, Kate Harmer, The Globe and Mail, January 4, 2011

The sight of the Peace Tower has always inspired me to think how decisions and debates in the House of Commons and Senate have changed the way we live and work.  From the right to vote to pay equity and the Charter of Rights and Freedoms, the actions of Parliament matter to Canadian women.

So it was a great honour to appear as an expert witness before the Senate Committee on Banking, Trade and Commerce, to contribute to their consideration of proposed legislation to ensure women are appointed to a certain percentage of corporate board positions.

It was gratifying to see a group of Canadian Parliamentarians discussing women on boards.  Are we finally beginning to recognize that the advancement of women is not only about fairness, but a vital issue related to Canada’s competitiveness in the global marketplace?

My key message to the Senators?   Waiting is not a strategy. Canada risks losing critical global advantage to countries that are taking action to ensure that their economies are led by the most talented people, whether female or male.  To compete and flourish in the global economy, Canadian business needs the talents of our very best women.  Until women achieve parity in business leadership roles, they will continue to be marginalized in every other arena. 

Mandated quotas, similar to those in the proposed Canadian legislation, have been successful in Norway, where a legal requirement for women to hold at least 40 percent of board seats, backed by stiff penalties, effectively boosted the number of women board directors after voluntary compliance fell short.  Spain and Iceland have also legislated targets of 40 percent.  France will likely follow suit, and a number of other countries are seriously looking at similar quota legislation.  The UK, Australia and the United States employ mandatory disclosure to improve gender diversity on boards.

Our economic partners and competitors are establishing appropriate ways to diversify corporate leadership.  What about Canada, where we take pride in our commitment to diversity and our leadership on human rights?  At the moment, we’re trailing on efforts to close the leadership gender gap.

The means of achieving gender parity may vary: whether it’s quotas or some other measure, the key is taking the actions to support our statements of commitment.  Any delay puts Canada at risk of losing many of our best and brightest to countries that actively and visibly support diversity at senior levels. 

Throughout the course of the hearings, Senators heard many arguments, informed by data, research and personal experience, about why we need more women on boards, and they raised many questions about whether quotas are the most effective strategy. 

A question about the possibility that the legislation would limit a board’s flexibility in recruiting the most talented directors provided a great opportunity for me to reinforce the point that with only 14 percent of board seats filled by women, it’s clear that boards are not currently tapping into the full talent pool! 

I was glad when another Senator questioned whether the record numbers of women graduating from university would naturally lead to greater parity in the boardroom. A  logical thought, but our research demonstrates that women who have graduated from top MBA programs start in lower- level jobs at lower pay than their male counterparts.  And they don’t catch up over the course of their careers.  Smart, ambitious women know that  barriers within corporate Canada persist, and they know that it will take  more women in leadership to level the playing field.  

While Senators found the arguments compelling, one posed a really interesting question:  If the business case is so clear, why aren’t executives, directors and shareholders lining up in favour of more women on boards? 

My answer?  Progressive business leaders are seeking diversity in corporate leadership.  Progressive nations understand that diversity is part of competitiveness in the global economy.  Parliament can take action to ensure women have the opportunity to use their education, skills, and experience in leadership. 

And make Canada the country of choice for smart women from around the world!

Did you take your kids (or a borrowed one or two) to work last week?  Were you surprised by their questions and insights?  Maybe, like me, you sometimes think about the things you wish you had known about work when you were in Grade 9?

I was delighted when a couple of young women were part of our Winnipeg Catalyst Connects event,  a lunch meeting where only women’s voices were heard exchanging ideas, debating, and learning from each others’ experiences.

They heard from  some terrific women who are pursuing fulfilling careers, and balancing the demands of busy families.  They heard about jobs that they may not have known existed.  And they heard that individual careers are built on hard work and relationships with others: sponsors, mentors, co-workers, friends, and families.

Not your typical work day!  We all know that most women are more likely to bolt a sandwich at their desk or squeeze a multitude of errands into their lunch time.  And women are often a minority at meetings, where men lead the agenda.

I hope they learned that women can reach the top, that they can succeed and share that success.  I hope they also sensed the impact of the barriers that these women had to overcome to achieve their professional success.  And that the barriers that can do the most damage are the invisible ones.

I was reminded of the reaction of a teenage friend of mine to our Catalyst Canada Dinner video. She didn’t understand what was stopping those women in mid-stride.  In some ways, that’s good.  When you anticipate success, it breeds success.  But it was also a teaching moment about glass ceilings and other barriers still facing women in the workplace – in effect, a reality reset.

Taking them to work not only offers our kids a peek into what we do, where we work and with whom. It also helps them understand the challenges.

Because, just maybe, if they’re prepared to see them, our kids will also be prepared to topple those barriers!

We hope that you and your kids will take the time to share a story about how you saw the workplace as a child and join the conversation started by our Research Director Christine Silva at our Catalyst LinkedIn group.  Or add your thoughts to our comments section below.

I’ve been reading, as I’m sure you have, the breathless media coverage about today’s well-paid young women. You know, the one who makes more than her boyfriend. These reports are enthusiastic, optimistic—and wrong.

The young woman may make more money than her boyfriend, but the chances are that she makes less, and is in a lower position within her company, than the men she graduated with. Catalyst research, which followed 4,000-plus M.B.A. graduates from top schools around the world, shows a far less rosy picture.

Women started their careers in lower levels than their male counterparts. And they earned approximately $4,600 less per year than the men they had graduated with, even accounting for the fact that they were starting in lower levels.

The initial inequity persists and the pay gap grows throughout their careers. And who are the losers? The women who don’t get the opportunity to achieve their full potential, and earn accordingly, of course.

But, equally seriously, Canadian businesses and the Canadian economy also suffer from the failure to put all our talent to work.

Progressive business leaders, faced with research like Catalyst’s Pipeline’s Broken Promise, question the myth that time and education would sort out the gender inequities. We’ve given it time. Women now earn over half of university degrees in Canada, and make up almost half the workforce.

But the representation of women in executive ranks is not keeping up with women’s educational achievements or presence in the workplace. And women with university degrees still earn only 63 cents for every dollar earned by men.

Business leaders know they can’t put faith in the one-off studies that put women suddenly at the top of the pay heap. And they don’t share the excitement of some media reports about research that show a leisurely climb to equity in 30 years.

They know we can’t afford to wait because they know the competition—across the street or around the globe—is paying and promoting its best talent, regardless of gender.

That’s why they’re introducing mentoring programs for employees, and changing corporate policies that disadvantage women.

Let’s celebrate our progress. But let’s understand that we still need to overcome some tough barriers. And let’s do it before today’s young women attend their own retirement parties.

This past month, we’ve been focused on The Catalyst Canada Honours, but we’ve been interested to read about senior women in Canadian business.   We’re encouraged by the inclusion of “Women in Power” as one of The Globe and Mail’s leadership issues in their provocative series on national issues.

Canada: Our Time to Lead

The Globe and Mail series offering in depth consideration and discussion on critical issues facing Canada, including women (or the lack of) in power

READ:  “Time toLead: Women in Power” , The Globe and Mail

Catalyst Canada was asked to respond to some of the misconceptions about programs to advance women in business.  Catalyst research demonstrates that two popular beliefs are misconceptions—that women have it made and that women are promoted at the expense of their male colleagues.  In fact, the continuing under representation of women at senior levels hurts business and the economy by failing to use all  our potential.

READ: “More Women in the Workplace is Good for Business” by Deborah Gillis, The Globe and Mail, 10/13/10

Home Depot Canada Gives Its President Free Rein — ‘But You Have to Produce’

In an interview, Home Depot Canada president Annette Verschuren shares her story, from childhood on a Cape Breton dairy farm to growing the company to 179 stores from 19.

READ:  “Home Depot Gives Its President Free Rein”, by Bill Mah, Edmonton Journal , 10/5/10

Top Team: Executive Class at Harris Bank

And a novel introduction to formal mentoring programs at the US arm of BMO Financial Group:

Harris Bank is using a variation on speed dating—speed mentoring—to introduce promising employees to mentoring, and to a broad range of executives within the organization.

READ: “Top Team: Executive Class at Harris Bank”, by Glen Fest, US Banker, 10/10

If a single theme predominated the inaugural dinner of The Catalyst Canada Honours last night, it was change.

Scotiabank President and CEO Rick Waugh,  who is also Chair of Catalyst Canada Advisory Board identified the most important change over the past ten years in the business world as “the cultural shift that has begun in Canadian business and in our broader society.”

Champion Sylvia Chrominska spoke of the cultural shift at Scotiabank since she started in 1979, as more women joined the senior ranks, and both women and men began to recognize the business benefits of diversity at the very top.

TD Bank Financial Group’s Ed Clark—another champion—spoke of the journey for answers to the increasingly complex issues of diversity, and the importance of commitment from everyone in the organization.

Champion Colleen Sidford’s leadership as Vice-President of Ontario Power Generation has shifted attitudes and created opportunities for women in the traditionally male nuclear industry.

In preparing my own notes, I also thought back to one of my earliest disillusionments:  the realization in my final year of high school that a university education would likely allow me to earn only 69.6 cents for every dollar in the pay packet of my male colleagues.

Time for introspection.  Some of it, not pretty.

I thought about the first Catalyst research project in Canada.  In 1997, Canadian CEOs believed that women in senior management would jump from 13% to 24% by 2002.  Well, by 2002, senior management ranks were 14% women.  In 2008, the percentage had reached 16.9%.  In fact, if we continue at the current rate of change, we won’t see that 24% prediction until 2022!

And the pay gap that shocked me so much in 1983?  In 2008, women earned 68.3 cents to every dollar earned by our male colleagues!

So what is this cultural shift that everyone is seeing?  I believe we’ve seen a fundamental shift in the conversation, a shift that gives me hope that things are about to change.

Back in 1983, I believed that women should earn as much as men because it was fair.  Fairness was the basis of the equality rights section of the Charter of Rights and Freedoms.  Fairness was the foundation of the Employment Equity Act of 1985.

Businesses complied with the legislation, but compliance alone does not create equity or an inclusive workplace.  Today, CEOs like Rick Waugh, Ed Clark, and Bill Downe know that their businesses are stronger, more competitive, and ultimately more profitable because their senior ranks reflect the Canadian population in all its diversity.  They know that women bring a valuable perspective to their senior tables.

Most importantly, they know that Canadian companies and the Canadian economy can no longer afford to ignore the talents, skills and commitment of 50% of the population – not to mention those who are outpacing men in higher education degrees.

What I see is both a conversion and a conversation that has shifted from fairness to business case.  The participants in the conversation are no longer only women standing outside the senior management door.  The conversation—and the passionate advocacy—has moved through that door, and men have become partners in the conversation.

And the question is no longer “Why?” but “How?” and “How quickly?”

I take considerable pride that Catalyst Canada has lived up to our name over the past ten years.  Our partnership with business has provided a venue for the conversation.  Our research has informed business programs to support the advancement of women, such as Sylvia’s work at Scotiabank, Colleen’s emPOWERed women program at OPG, and Ed’s Women in Leadership initiatives.

The Catalyst Canada Honours dinner marked our tenth anniversary.  Our Champions—Ed Clark, Sylvia Chrominska, and Colleen Sidford—are leading the way.   And, if the enthusiasm of the sell-out crowd of over 500 members and friends is any measure, their advocacy is gaining supporters in all sectors and businesses across Canada.

Let the conversation continue!  Bring on the change!

The hum of excitement around Catalyst Canada’s office is becoming a crescendo as we prepare for The Catalyst Canada Honours dinner on Wednesday, October 6.

We are delighted that it’s a sold-out event—500 members and friends of Catalyst Canada will join us to celebrate our tenth anniversary!  Ten years of making friends and building partnerships.  Ten years of research and advocacy for the advancement of women in Canada.  Ten years of producing what is considered the “gold standard”  research on advancing women and business.  And ten years of growth and taking on new challenges.

We’re thrilled to celebrate three of the people who have been leading change by encouraging and supporting diversity in their organizations.  The first Catalyst Canada Honours Champions—  TD Bank’s Ed Clark; Scotiabank’s Sylvia Chrominska; and OPG’s Colleen Sidford—are proving what we already know:

What’s good for women is good for business.

C-This, Canada! is a chance for me to highlight recent articles, podcasts, and videos about women and work that have struck me as interesting, informative, or thought provoking.  I hope you’ll use the comments section to let me know about any that I’ve missed—or give your feedback on any that I’ve listed.

First, some media reaction to the report that, despite educational success, Canadian women still earn 63 cents for each of their male counterparts’ dollars:

Canada lags on pay equity

September 8, 2010—Canadian women outperform men at all levels of education, but still make significantly less money in the workplace.  Canada’s gender-wage gap is much wider than that of most developed countries, according to a new report from the Council of Ministers of Education.

http://www.torontosun.com/news/canada/2010/09/08/15282501.html

Women at work: still behind on the bottom line

September 10, 2010—Women in Canada earn less than two-thirds of what men do, a ratio that has scarcely budged in more than a decade and is well below that of other developed countries.

http://www.theglobeandmail.com/news/national/women-at-work-still-behind-on-the-bottom-line/article1699176/

And some intergenerational thoughts on feminism:

The ladies who lambaste

September 3, 2010—With time on their side, and feminism’s wind at their back, older Canadian women are taking action on issues from AIDS to Palestinian peace.

http://www.theglobeandmail.com/news/national/the-ladies-who-lambaste/article1696077/

Outraged  moms, trashy daughters

August 10, 2010—Young women think that feminism is old-fashioned.  Is today’s “Girl Power” taking us backwards, or is it the new expression of women’s empowerment?

http://www2.macleans.ca/2010/08/10/outraged-moms-trashy-daughters/

“Third wave” of feminism urged by prominent Canadian women

September 9, 2010—Equality gap dominates Governor-General’s conference, following suffragettes and push to enshrine women’s rights I law, new focus must be….

http://www.theglobeandmail.com/news/politics/third-wave-of-feminism-urged-by-prominent-canadian-women/article1701942/

And, finally, new Canadian research suggests that women are getting caught in the middle:

Promotion bottleneck blocks women, minorities, study finds

September 21, 2010—Women and visible minorities lag behind white men because of a promotion bottleneck in middle management, a Canadian study tracking advancement says.

http://www.thestar.com/business/article/864206–promotion-bottleneck-blocks-women-and-minorities-study-finds

Glass ceilings, sticky floors, and the bottleneck in the middle

According to Ivey Professor Alison Konrad, women are crashing through the glass ceilings—but only if they can get through the bottleneck in the middle.

http://www.ivey.uwo.ca/publications/impact/default.htm