Babes On Bay Street

Archives by Tag 'obstacles'

Why do corporate boards still lean so heavily towards men?

My response to the question based on what I have seen is as follows. Most men don't proactively think about, or focus on this issue. So they typically just reach out to other men they know or know of, when looking to recruit new board members. The chair of the board or the governance committee (ideally both) need to be strong and vocal champions for board diversity. They need to ensure they have a matrix of skills outlining what is required to create the best possible board for the company.  Then they need to find the most qualified candidates. And in doing so, they must insist that the search surfaces talented men AND women that have the necessary skills and ...

Why do corporate boards still lean so heavily toward men?

The answer to this question is at the same time simple and yet complex. My simple answer as to why there are not more women on boards would be that a prejudice against women in the senior ranks of business persists despite efforts to raise awareness and motivate change. I found the quote of the CEO of Revera in the  Globe article to be quite telling. He opines that the talent pool for women directors is enormous and yet just two of his 11 board directors are women. There is no question there are plenty of well qualified, talented women who would be brilliant board candidates. The dearth suggests to me that women ...