Together We Are Stronger
The Canadian Board Diversity Council is working to increase women's representation on boards from 13% in 2007 to 20% or more by 2011. Organizations collaborating include corporate, executive search, government. In Canada looking for a search firms making board placements?
take action" page with ideas for how individual shareholders and mutual fund holders can encourage companies to increase the number of women on boards.
And, this is legitimate territory for diversity and women's initiatives as well. We'd like to see this issue given more weight than women's initiative efforts to bring in speakers on work/life balance and other softer subjects. Why? Because studies indicate that having more women on corporate boards drives a lowering of the wage gap and a strengthening of the pipeline for executive women. Oh, and there's also a correlation between the percentages of women on boards and bottom-line corporate performance!
Susan Colantuono is CEO of Leading Women and author of No Ceiling, No Walls. She blogs on networking for PINK Magazine. Follow her on Twitter.