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16 03, 2021

The Power of Connection

By |2021-04-23T12:52:45-04:00March 16th, 2021|Corporate Board Journey, Getting Board-Ready|0 Comments

Did you know the power of connection can be a one of the most effective paths to accomplishing your goals in business and beyond? Specifically, the path to success is authentic connection with people in your network. However, the very idea of networking and connection can be intimidating. The good news is that connection doesn’t just happen at awkward events. In fact, it is happening right now, everywhere—online, at work, and in your social life.  Even when we are not consciously networking, we are still connecting. Meaningful connections can happen anywhere, from a virtual conference, to a LinkedIn post, to the person next to you in your yoga class. The question is: how can you connect more intentionally to build and grow your network? And once you do, how can you use the power of [...]

16 03, 2021

Board Diversity: Are You an Agent of Change?

By |2021-03-16T20:33:13-04:00March 16th, 2021|Corporate Board Journey, Getting Board-Ready|0 Comments

It still surprises me that there has been little change in corporate Canada to add more women to TSX listed boards. “Either corporate Canada changes its culture, or it’ll have to justify to shareholders why it’s deliberately weakening its own bottom line.” Jennifer Stewart & Catherine Clark Women Get On Board was recently referenced in this article from the Ottawa Citizen, which speaks to the four ways to advance more women to boards: 1-Set targets 2-Develop a board skills matrix 3-Get help 4-Move the needle It has been six years since the Ontario Securities Commission (OSC) implemented disclosure rules mandating that TSX-listed companies “comply or explain” their board diversity figures. The move was intended to lead to positive changes in how corporate boards recruit new board members. However, according to the recent Osler, [...]

16 03, 2021

Elevating Your Board Effectiveness: Emotional Intelligence in the Boardroom

By |2021-03-16T20:29:48-04:00March 16th, 2021|Corporate Board Journey, Getting Board-Ready|0 Comments

In my 20th year of serving on corporate boards, I wrote a blog called “Emotional Intelligence in the Board Room.” Today, I am writing about the topic once again as the second blog in my “Elevating Your Board Effectiveness” series. If you haven’t yet, you can read the first blog in the series here: “Finding Your Voice in the Board Room.” The reason that I am reintroducing the topic of emotional intelligence is that in my decades of  board service, I have observed that emotional intelligence is one of the most important and least discussed boardroom skills. What is emotional intelligence? According to Daniel Goleman, the American psychologist who popularized the concept, emotional intelligence is “the ability to understand and manage your own emotions, and those of the people around you. [...]

18 10, 2019

Emotional Intelligence in the Boardroom

By |2019-10-18T17:44:47-04:00October 18th, 2019|Corporate Board Journey|0 Comments

I am celebrating my 20th year of serving on corporate boards and have learned it is not so much what you know, but rather how you say it. I have had to train my sense of emotional intelligence (EI) at the boardroom table – including paying attention to everything from verbal communication, to body language, tone of voice, and social graces. I have been around some of the best and brightest board members that have inspired me to reach higher levels in the boardroom. I have also been around other board members that lacked in their EI, with their social graces lacking and boardroom presence very uninspiring. According to Daniel Goleman, an American psychologist who popularized the concept of EI, its definition is: “the ability to understand and manage your [...]

25 07, 2019

Financial Intelligence in the Boardroom

By |2019-07-26T11:34:50-04:00July 25th, 2019|Corporate Board Journey, Understanding Financials|0 Comments

Every board member has a role in financial oversight. Even if you don’t have financial expertise, you are still expected to maintain an adequate level of financial intelligence. This means that you need to have an understanding of the fundamental concepts, conventions and principles underlying financial statements. Top 5 tips to help you boost your level of financial intelligence in the boardroom: 1. Develop a plan and begin the work. Start by reviewing the annual filings of TSX listed companies that you are interested in or work for. 2. Seek out a mentor or someone who has financial expertise. Ask someone you know that has financial expertise if you can spend time with them over the next 12 months, transferring knowledge and helping you understand core financial concepts. 3. Understand the basic [...]

20 02, 2019

Board Diversity – Are You an Agent of Change?

By |2019-02-20T18:33:14-05:00February 20th, 2019|Change, Corporate Board Journey|0 Comments

It still surprises me that there has been little change in Corporate Canada in terms of adding more women to TSX listed boards. It has been four years since the Ontario Securities Commission (OSC) implemented disclosure rules mandating that TSX-listed companies “comply or explain” as relates to their board diversity figures. The implementation was intended to lead to positive changes in how corporate boards recruit new board members, however, according to the recent Osler, Hoskin & Harcourt report 2018 Diversity Disclosure Practices, only 16.4% of directors sitting on corporate boards in 2018 were women. This change represents a slight increase in the average proportion of women on the board compared to prior years when the average percentage of female directors was relatively stagnant (12% in 2015, 13% in 2016 and 14.5% [...]

7 01, 2019

Exploring New Board Opportunities, Being Gracious in Saying “No”

By |2019-01-07T20:30:57-05:00January 7th, 2019|Corporate Board Journey, Getting Board-Ready|0 Comments

So, you are excited you received an email or phone call asking if you would consider a board opportunity. The steps you take to determine whether you are interested or not should be particularly strategic when exploring new board opportunities. The first step, do your due diligence in making sure you understand the company, culture, any conflicts that exist, and why you were considered for the board opportunity. Refer to my blog on building your board profile here: https://womengetonboard.ca/building-your-board-profile. Make sure you know the companies or industries that you are interested in. Review their values, mission and strategy. Do they align with your skills, experiences and values? Will you add value? I always evaluate Board opportunities in three ways: 1. How can I add value? 2. Do I have a [...]

8 08, 2018

Finding Your Voice at the Boardroom Table

By |2018-08-08T22:27:39-04:00August 8th, 2018|Corporate Board Journey|1 Comment

What does it mean to find your voice at the boardroom table when you are a new board member appointed to a board that has longstanding relationships? Or a new Chair of the Board is appointed and you have never worked together? Or when you are the “token” woman at the boardroom table? How do you break in with credibility and build trust with your board colleagues? There are five tips I would like to share in helping you find your voice at the boardroom table: 1. Onboarding An onboarding process is set up to ensure that new board members familiarize themselves with the company, the industry it competes within, and the governance practices it’s ruled by. Its purpose is also to familiarize new board members, like yourself, with people [...]

16 05, 2018

A Strategic Approach to Filling Board Positions Is Critical — Regardless of Your Gender

By |2018-05-16T16:57:24-04:00May 16th, 2018|Change, Corporate Board Journey|0 Comments

  Written by: Debbie Stojanovic, CEO, Nealon Consulting & Deborah Rosati, Founder & CEO, Women Get On Board Diversity, and gender diversity in particular, is a top agenda item in boardrooms today — as it should be. It’s a priority not only because there are now legislative and regulatory changes that require it, but also because it’s just good business practice. Research shows that the right board composition can enhance decision-making processes and augment an organization’s performance and market reputation.  Menhi, Ekta & Dart, Beatrix, 2018/02/18, Globe and Mail, OpEd, More work must be done to boost gender diversity in Canada’s boardrooms, Link.   Can an improperly composed board pose a reputational risk for your organization? You bet. Today, we can’t open a newspaper, attend a meeting/event or have a general [...]

6 01, 2018

Network Mapping Your Way onto a Board

By |2018-01-06T12:16:19-05:00January 6th, 2018|Corporate Board Journey, Getting Board-Ready, The Power of...|0 Comments

Joining a board is about fit and style. The Board wants to make sure that your style will fit in. To help them decide, think about your network and how you might be connected to any one of the Board members. This is what I call “network mapping.” Use your network to map how you might be connected to members of the Board. The more connections you have to the Board, the more comfort they can get on how you will fit in. Don’t be afraid to ask for introductions! To help you map your network, it is important to understand who can help connect you to a board opportunity. Your network can be broken into the following groups: Decision Makers: these are individuals that will make the final decision [...]

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