By B3 Canada Media Team
Excerpts from the Globe & Mail article of Susan McArthur.
The experience and exposure that high-potential executives get by sitting on outside boards can provide valuable corporate training and expand an individual’s reach, knowledge base and perspective. This benefits the executive’s company – and it adds to the depth of the board talent pool.
In order to improve the diversity of thinking around the boardroom table, we have to shake up conventional wisdom on what makes a good board member. We need to draw from a wider talent pool.
Some boards, frustrated by the lack of diversity in traditional pools, have already begun to seek outside-the-box candidates. There are valuable perspectives on strategy, risk, problem-solving, leadership and other board issues to be gained from many corners: academia, the military, community leadership, public service, entrepreneurship. And, in an economy that is disrupted by new technologies every day, millennials.
By Josephine Victoria Yam
According to Imagine Canada, there are about 170,000 charities and nonprofits in the country, which makes Canada’s nonprofit sector the second largest in the world. This number translates to some 170,000 nonprofit boards providing governance over this $106 billion sector. As in any sector, while many nonprofit boards are high-performing, many are unfortunately lackluster.
David Simms, in his Harvard Business Review article, articulates the following 3 distinct features of high-performing nonprofit boards:
First is Leadership.
The maxim “Everything rises and falls on leadership” rings ever so true in nonprofit boards...Read more ...
By Josephine Victoria Yam
As a female lawyer who is Asian and a visible minority, I have always been an active advocate for diversity in the workplace. As I practiced law and held leadership positions in various sectors, I often observed that I was either the only woman, the only Asian or even the only visible minority — whether in a boardroom, a business lunch meeting or a workshop. From where I stood, leadership positions in the private, government and nonprofit sectors were more often held by more males than females, more older people than younger ones, more white people than people of colour.
Interestingly, my observations were more pervasive than I initially imagined.
Canada has the second largest and most robust charitable and nonprofit sector in the world. According to Imagine Canada, 2 million Canadians are employed in the sector and over 13 million Canadian volunteer for the sector. The sector provides about 8.1% of total Canadian GDP, which is more than what the retail sector contributes and almost equal to what the oil and gas and mining sectors contribute. Most nonprofits involve volunteers including those at the board leadership level.Read more ...
Alberta's Promise operates within the Government of Alberta’s Department of Human Services. With over 1,800 business, nonprofit and community partners, they help businesses connect with non-profits across Alberta to make meaningful contributions that benefit children and youth ages 0 to 24.
The Edmonton Chamber of Voluntary Organizations is a member-based nonprofit organization founded in 2002 in Edmonton, AB. They serve the nonprofit and charitable organizations in the Alberta Capital Region.
The Ontario Nonprofit Network (ONN) is the provincial network for the approximately 55,000 nonprofit organizations across Ontario. As a 7,000-strong provincial network, with a volunteer base of 300 sector leaders, ONN brings the diverse voices of the sector to government, funders and business to create and influence systemic change.
For over 62 years, Propellus has been supporting volunteers and volunteerism within the communities of Calgary. It strongly believes that volunteering is essential to creating and sustaining healthy, supportive and connected communities.
The Sustainability Network is a national organization that works with environmental nonprofits to make them more effective and efficient. Their mission is to enrich environmental leaders and nonprofit organizations so that they can help us all achieve sustainability.
Founded in 1943, Vantage Point delivers learning opportunities focused on governance, leadership, planning and people engagement for new and seasoned sector leaders, board directors and managers, aimed at advancing not-for-profit leadership.
Women Get On Board is a leading member-based company that connects, promotes and empowers women to corporate boards. They do this through an engaged community of women and men in Canada committed to advancing gender diversity in the boardroom.