COMPANIES WITH WOMEN ON BOARDS DO WELL
BECAUSE HAVING WOMEN IN THE BOARDROOM
FORCES DIRECTORS TO EXAMINE DIFFERENT
ANGLES WHEN IT COMES TO PROBLEM SOLVING.
aware of what is happening at other companies and in any
given industry on the whole.
5. Further, invest in yourself and make sure you have all the
qualifications you need. This will allow you to be confident
that you have the necessary background to ensure you are on
a level playing field with any other candidates that may be up
for a role.
6. Change the board model. Think critically about why boards
are made up of many likeminded people in the same age
group. Find ways to recruit more diverse professionals – not
just by gender, but by age and ethnicity as well.
Some governing bodies are taking notice of the positive chang-es
that women can have in leadership positions and on boards.
For example, the Ontario Securities Commission has rules under
National Instrument 58-101 Disclosure of Corporate Governance
Practices, which require non-venture issuers to disclose certain
information regarding women on boards and in executive officer
positions. We’re also seeing this topic making more and more news
headlines these days, including a group of institutional investors
calling for boards and executive teams of S&P/TSX composite
index companies to be 30 per cent female by 2022.
We still have a lot of progress to make, but with commitment
and collaboration from individuals and corporations, we can cre-ate
positive change for the organizations we’re part of, and for the
women that will someday lead them. n
Angela Holtham has more than 40 years of experience on boards
and in supporting finance functions, operations, intellectual
property portfolio management and mergers and acquisitions across
various roles within the health and wellness and consumer products
industries. She currently serves on the Board of Directors of Jamieson
Wellness, Oncolytics Biotech, Inc., Ontario Financing Authority and
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