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Posts Tagged ‘diversity’

Great From any Angle!

Each year, the Catalyst Canada team looks forward to the networking and camaraderie that form part of the Catalyst Awards Conference and Dinner. But, like most traditions, the impressions you take away depend upon your perspective. So we invited our new Membership Manager – Western Canada, Andrea Zess, and Catalyst Canada veteran Sylvia Apostolidis, Senior Director, Member Services, to share their take-aways from the event.

Andrea:

Prior to attending my first Catalyst Awards Conference and Dinner in New York, I heard from many of my colleagues that the experience would be unforgettable. It’s hard to imagine a room full of 1,600 people celebrating innovative diversity and inclusion initiatives by some of the top companies in the world.  Allow me to provide you with a glimpse of the day.

The energy of so many people coming together to discuss the advancement of women in the workplace is inspirational and encouraging for those of us who work at Catalyst every day. For me, the most powerful moment was witnessing Catalyst’s values put into action: Connect, Engage, Inspire, and Impact. I could sense the power of the new connections being made in the room to strengthen the network of diversity and inclusion leaders. Our President  & CEO, Ilene H. Lang, certainly engaged her audience when she said: “All over the world women are seen as less than men, and this is a problem.”

The inspiration came when the CEOs of Award-winning companies gave genuine expression of the positive effect of inclusion of women in their workplaces. We can only imagine the resounding impact that this one day of connection, engagement, and inspiration will have on the people who attended—and on their workplaces. The Catalyst Awards Conference and Dinner signify our commitment to”walk our talk” as we encourage and support other organizations in changing workplaces and changing lives.

Sylvia:

INSPIRING? Most definitely! The Catalyst Awards Conference and Dinner is a one-of-a-kind event, inspiring, engaging, and connecting champions of women and business from all over the world. I’m a Catalyst Canada veteran, having attended my first Catalyst Awards Conference and Dinner in 2007. The buzz and inspiration shared by the people in the room has been a hallmark of this event over the years, and I still experienced goose bumps when new and exciting initiatives were shared in the various sessions. And now, with the use of social media, the buzz can be extended beyond the elegant walls of the Waldorf=Astoria.

Recognizing the impact of social media, Catalyst has built a presence on Facebook, LinkedIn, and Twitter with a strong following. The Catalyst Canada Honours and the Catalyst Awards videos are posted on YouTube.

But, for the first time, social media allowed attendees to share the vitality and excitement with their colleagues back home. The Twitter station we set up was a key focal point as participants read and responded to the tweets of others—and often arranged to extend the conversation in person! We also connected participants pre- and post-event through the Catalyst Awards Conference website, providing a forum to share insights, learn from each other, and create initiatives to advance women in business.  

In the six years since I joined Catalyst, we have evolved from an organization that distributed printed research reports to one that embraces technology to change workplaces and change lives, engaging individuals everywhere—on iPhones and Blackberries, and at home and at work.

Leading change—it’s the reason I joined Catalyst. It’s the reason I continue to be inspired by a network of incredibly committed individuals!

A Real Champion

TD Bank Financial Group President and CEO Ed Clark is on a roll. First, he was the inaugural The Catalyst Canada Honours Champion in the Company/Firm Leader category.  Now, he’s been named the 2010 Canada’s Outstanding CEO of the Year.

Coincidence?  Not likely.  Ed’s professional success is based in his understanding of and commitment to the community. He’s one of those progressive leaders who understand that businesses do better when their senior people reflect the diversity of their customers. His personal example has supported a business culture that nurtures and advances talent across the organization. 

It’s that commitment to eliminating barriers to the advancement of women that has made him a good friend to Canadian women in business.

And TD’s business performance proves he’s right!

We’re thinking you should be watching The Catalyst Canada Honours this year—we aren’t saying there’s a correlation, but we do know that what’s good for women is good for business!

Team Member, or Player?

Last week, Christine Silva, Director, Research, Catalyst Canada, led the most recent event in our Engaging Men as Diversity Champions series, sponsored by CIBC. Three terrific panellists shared their insights and experience: Bob Elton, former Chief Executive Officer, BC Hydro, and Executive Chair, Powertech Labs Inc.; Glenn Ives, Chairman, Deloitte & Touche LLP Canada; and John Silverthorn, Senior Vice-President, Talent Management, CIBC. And then a woman in the audience shared a story that made everyone stop and think.

After you’ve read Christine’s report, tell us your reaction.

__________________________

It isn’t often that silence descends upon a Catalyst event. But last week in Vancouver, a participant shared a story that made everyone in the room take a mental step back and think about the implications of a couple of our favourite words: diversity and inclusion. 

It was the story of a hockey team one of her colleagues plays on. The league had a rule that 50% of the players must be women. But then they decided their goal shouldn’t only be diversity, but also inclusion. After all, what good is it to have different people on the team if they aren’t full participants? So the league made an additional rule that 50% of the goals must be scored by women.

What, she asked, did the panellists think about that?

The panellists were three strong champions of women. They had already shared their personal journeys to becoming diversity champions, including some of the challenges and successes they’ve had along the way. They talked about the difference between treating people equally and fairly, the importance of recognizing what leaders and individuals value, and the need to set goals as an organization and make sure you have a way to track progress.

And they had already spoken about sports, in terms of coaching soccer and bringing senior managers out to the golf course.

But this?

This fundamentally changes the game, one thought out loud. Is it necessary? Is it desirable? The panellists went back and forth, finding no obvious right answer. Of course inclusion is the end goal, but should we completely change the rules to make it happen?

After the panellists talked, the woman who asked the question shared the outcome of the rule change. The men on the team passed the puck more. They now had a vested interest in making sure everyone had an opportunity to develop and demonstrate their skill.

The question had caused discomfort for many in the room—after all, rethinking the status quo is never easy. But it created a real learning opportunity. As someone reflected after the event, organizations should be striving to figure out how to create a rising tide that will lift all boats. What a perfect way of describing the win-win of diversity and inclusion.

Not Up For Debate

This past Friday, CBC Radio’s The Current featured a panel discussion on the lack of women on corporate boards in Canada. Arlene Dickinson kicked off the conversation by sharing parts of an interview I had given ahead of time. In those clips, I recapped the bleak numbers—only 14% of corporate board seats in Canada are held by women and almost half of public companies on the FP500 have no women directors at all.

The three panelists—a Canadian Senator, an American business professor, and the former CEO of a Calgary credit union—all strongly agreed that we need more women on boards. They shared well-established research as well as their personal experiences that having diverse perspectives around the table leads to better outcomes for businesses.

But they disagreed on how to get there. Senator Celine Hervieux-Payette has proposed legislation mandating quotas to increase the representation of women on boards in response to the lack of progress companies have made on their own. Amy Dittmar, Associate Professor of Finance at the University of Michigan’s Ross School of Business, reviewed Norway’s experience with similar legislation, which has led to just over 40% of Norwegian board seats being held by women. She noted that there had been concerns regarding the availability of qualified women board directors, and she argued that with only 16.9% of corporate officer positions held by women in Canada, the same concerns will probably be voiced here as well. She also mentioned a “modest change” that the United States took through the SEC to spur the inclusion of women on boards by implementing the mandatory disclosure of boards’ diversity considerations. Dave Gregory, former CEO of First Calgary Credit Union, said that rather than imposing quotas on companies, we should focus our energy on communicating the bottom-line benefits of diversity so companies will be compelled to make change on their own.

Had I been part of the discussion, I would have reminded the debating panelists that we have a shared goal—getting more women on corporate boards. While the strategies we could use to get there may vary, the key is that we do get there. Quotas are one proven strategy, but I welcome any innovative ideas to make change.

Let’s not waste time and energy arguing about the best ways to get there—let’s get the journey started. We welcome any and all ideas to increase the representation of women on boards. If we want to have impact, we’re going to have to work together to reach our common goal.

If They Work in Norway, Could Quotas be Right for Canada?

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!

C This, Canada!

Women are making their mark in many traditionally male professions, but not all.  This month, two articles discussed some fields where women are not playing—and some rinks where they are!  Also in C This Canada! the ways that lack of diversity in the boardroom is hurting Canadian businesses, and a report on a discussion of whether the Norwegian approach of legislating a quota for women on Boards would work in Canada.  And, with the departure of Premier Danny Williams, Newfoundland becomes the first province where women lead the three major political parties.

Why Women Still Aren’t Chasing an Iron Ring

Universities and professional engineering associations are seeking ways to convince young women that they can meet their goal of making a difference by becoming an engineer, but female engineering students continue to feel pressure to adapt in a male dominated environment.

READ: “Why More Women Aren’t Becoming Engineers” by Jennifer Myers, The Globe and Mail, 09/11/10

But Are Playing Hard for the Clarkson Cup

This year saw the first two women inducted into the Hockey Hall of Fame.  We know our women’s hockey teams are champions, but the majority of Canadians who have taken up the game in the past decade are female.

READ: “Jersey Girls: Women Lead the Way in Hockey’s Growth”, by Josh Wingrove, The Globe and Mail, 7/11/10

Canadian Boards on the “Cusp of Change”?

Canadian boards continue to be disproportionately white and male, but will  a generational shift bring greater diversity?

READ: “Boardroom Diversity Advances at ‘Glacial Pace’”, by Tim Shufelt, Financial Post, 21/10/10

Or Should Diversity be Legislated?

The Rotman School for Business and the Norwegian Embassy brought together business leaders and investors to consider legislated quotas for Board diversity, and some alternatives.

READ: “Should Gender Diversity on Boards Be Law?”, by Mary Teresa Bitti, Financial Post, 29/11/10

Is It in the Air, or the Culture?

Newfoundland is renowned for colourful politicians—but the province’s latest political first is that women are leading all three major parties on the Rock.  Newfoundlanders speculate on whether it’s because politics is in their blood, whether it’s the culture, or whether Rick Mercer is right that Newfoundland is simply the “coolest” province.

READ: “Women Rule on the Rock”, by Susan Delacourt, thestar.com, 26/11/10

C This Canada!

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

C-This, Canada!

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

Leadership for Change

Friends and I were talking about the “bad old days” recently.  The days when one of my early managers – after asking a senior woman lawyer to get him coffee—could grumble, “It’s so confusing. The secretaries look like lawyers, and the lawyers look like secretaries.”  The days before employment equity standards and a broad understanding of the value of a diverse workplace. 

Changes in policy and celebration of diversity in the workplace came about because leaders —in business, in politics, and in the community—stepped up and changed things. 

That kind of leadership continues to be crucial to the advancement of women in business.

Recently I met a young mother of three who had withdrawn from a competition where she was clearly the most qualified candidate because the more senior position would not accommodate her flexible schedule.  At that point, the CEO intervened.  Based on her proven record of success, she got the promotion, and kept the flexible schedule she needed to fulfill her family obligations.

That CEO was willing to change some of the rigid rules and expectations in order to get the best person for the job.  In doing so, she made it clear to other women that this firm was one that valued talent and performance,  one where their aspirations could be achieved. 

Yes, we’ve made strides toward a more equal workplace.  Women and minorities have legal recourse against overt discrimination.

But women are also finding leaders with the vision to  recognize that company policies create barriers for the advancement of talented and capable women—and the courage to change those policies.

Welcome to Canada!

This past Canada Day, I attended a Citizenship Ceremony welcoming new Canadians from more than 20 countries.  I was reminded again of my good fortune to be born in a country that is chosen by thousands of immigrants every year for its promise of opportunity, equality and community.

Of course, behind the smiling and tearful faces lie individual stories of courage, struggle and hard work.  Stories like Catalyst’s own Alicia Sullivan.  After reading about our ground-breaking research  on the career advancement experiences of visible minorities in Canada, Alicia wrote me a thought-provoking letter which said, essentially, “This is my life.”

Her Master’s degree had not earned her a job in this country that was equal to her skills or potential.  Almost four years later, she is an integral part of the Catalyst Canada team and has earned her Canadian citizenship.  She is fulfilling the dreams that she brought with her to Canada and is contributing to our national aspirations for economic strength and social equity. 

As Canadians, we celebrate diversity. Demographic projections suggest that by 2017, more than 20% of Canadians will be visible minorities.  Yet, stories like Alicia’s echo what Catalyst research has found – while our workplaces are increasingly diverse, they are not always inclusive.   Visible minorities face barriers to their advancement: few role models and mentors, stereotyping, and exclusion from informal networks.   

Many of these challenges are more pronounced for visible minority women.  

Diversity is both a strength and an opportunity.  And the good news is that more and more business leaders understand that there are few issues more important to Canada’s competitiveness than closing the gap between the aspirations of Canadian immigrants and their experience.   

The most successful organizations have consciously introduced talent management practices such as mentoring, employee networks and diversity training for managers.  And not because it’s a “nice to do.” 

Establishing a place where skills and opportunity come together for everyone is critical.  When inclusive workplaces ensure that Canada lives up to immigrants’ expectations, we also ensure that their talent, skill and ingenuity enrich Canada for all of us.