|By Marketwired .||
|February 28, 2014 02:00 AM EST||
TORONTO, ON -- (Marketwired) -- 02/28/14 -- Be part of the solution and help change the face of Canada's boardrooms. That is the message from the Canadian Board Diversity Council (CBDC) as it accepts applications for Diversity 50, the country's premier database of diverse, qualified candidates for board of director positions in Canada's largest 500 organizations.
"CBDC understands that excellence at the board level can only be achieved if boards are a true reflection of the stakeholders they serve. This is clearly not the case today and we are trying to change that by encouraging qualified candidates to become part of the solution," says Pamela Jeffery, CBDC founder. When CBDC launched Diversity 50 in 2012, the goal was clear: to bring together and turn the spotlight on qualified candidates who are typically overlooked or unknown to recruiters and Nominating and Governance committees. To that end, each year the Council adds 50 board-ready candidates to the Diversity 50 database. In this way, the Council helps corporations find board members that have both the necessary skill sets to lead and bring the added value of diverse cultural backgrounds, perspectives and life experiences.
Paulo Maia, President and CEO, HSBC Bank Canada, said: "As part of a global organization, throughout our history, we have connected customers to opportunities around the world. That means HSBC Bank Canada places significant value on having a diverse board and organization that truly represents our clients, employees and shareholders. We recently achieved gender equity on our board of directors and nearly 38% of our senior leadership team are women. This is the result of intentional focus and part of a larger program to improve the diversity of our organization."
That said, only 15.6% of board positions in Canada are held by women and 6.8% are held by visible minorities, persons with disabilities and Aboriginal peoples (3.4%, 1.3% and 2.1% respectively). This at a time when visible minorities make up 16% of Canada's total population. If you look at large urban centres such as Vancouver and Toronto, visible minorities constitute 42% and 43% respectively of their populations. Certainly the recent proposal from the Ontario Securities Commission that would require TSX-listed and other non-venture issuers to disclose director term limits, policies and targets regarding the board representation of women and the number of women directors and executives is a step in the right direction. "Still, diversity goes well beyond gender," says Jeffery. "One group in particular that needs better representation at the board level is the growing Aboriginal community."
And it is growing. Between 2006 and 2011, the Aboriginal population grew 20% compared to just 5.2% for the non-Aboriginal population. Today Aboriginal people make up 4.3% of the total Canadian population or 1.4 million Canadians.
"Diversity in an organizations' ownership, management team and board of directors that includes Aboriginal people would not only offer essential new perspectives and ideas, but would also go a long way towards bringing Aboriginal people away from the margins, providing them meaningful participation in the mainstream economy," says Mel E. Benson, independent director, Suncor Energy and member of the Beaver Lake Cree Nation.
To date, nine individuals from the Diversity 50 database have been appointed to FP500 boards and one to a Fortune 500 board, including Sarah Kavanagh, who was elected to the boards of HudBay Minerals Inc. and WPT Industrial REIT in 2013. "It is clear to me that there is a growing desire by boards to include women assuming the qualifications are not compromised," she says. "I am sure the visibility I gained from being on the Diversity 50 list was helpful as these Boards searched for candidates."
From February 28 to June 6 potential candidates are invited to self-nominate by completing the application online at www.boarddiversity.ca/diversity-50. The Council will reveal the Diversity 50 2014 candidates in the fall of 2014.
Individual competencies are assessed on the following best-in-class criteria:
- Financial acumen; industry and business knowledge; public sector knowledge; pertinent functional expertise; understanding of corporate governance, i.e. due diligence, fiduciary duty.
- Strategic and critical thinking; decision making and effective judgment; relationship building and collaboration; communication.
- Integrity; trustworthiness; ethics and values; team player; courage; candor; interpersonal skills; constructiveness; inquisitiveness; organizational awareness; conflict resolution; availability for board and committee meetings.
To select the Diversity 50 2014, the Council will collaborate with Deloitte Managing Partner and Chief Executive Frank Vettese, HSBC Bank Canada President and CEO Paulo Maia, Suncor Energy President and CEO Steve Williams, Iron Ore Company of Canada President and CEO Zoë Yujnovich, TELUS President and CEO Darren Entwistle, Postmedia Network President and CEO Paul Godfrey, IAMGOLD President and CEO Steve Letwin, Coast Capital Savings President and CEO Tracy Redies, Norton Rose Fulbright Global Co-Chair Norm Steinberg, Hydro-Québec President and CEO Thierry Vandal, and Sun Life Financial Canada President Kevin Dougherty.
About Diversity 50
Launched in November 2012, Diversity 50 was developed by the Canadian Board Diversity Council (CBDC) to serve as a resource for directors and search firms seeking board-ready diverse candidates. This innovative search tool supports our mandate to increase representation on boards of not only women but to include such considerations as ethnicity and aboriginal status at the boardroom tables of Canada's 500 largest organizations. This is a unique collaborative effort between CBDC, GMI Ratings, a provider of global corporate governance ratings, and a group of leading Canadian Presidents, CEOs and Chairs who select self-nominated candidates based on a list of criteria the group has vetted. Profiles of all the Diversity 50 candidates can be found at www.boarddiversity.ca/diversity-50.
About the Canadian Board Diversity Council
The Council is the leading Canadian organization advancing diversity on Canada's boards. Founded in 2009, the Council has since grown to 52 Founding and Corporate Member organizations that are committed to greater diversity in the Canadian workplace. The Council's definition of diversity in respect of boards expands the traditional definition of industry experience, management experience, education, functional are of expertise, geography and age to also include considerations such as gender, ethnicity and aboriginal status. We achieve our mission through research, education, the identification of board-ready candidates, and advocacy.
The Council is calling on boards to: i) consider three board-ready diverse candidates for each open board seat; ii) replace at least one of every three retiring directors with a director of a diverse background; and iii) encourage individual directors to act as sponsors of high-potential executives who have the requisite skills and credentials to serve on an FP500/TSX60 board.
For more information about Diversity 50 and CBDC, visit www.boarddiversity.ca.
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Aug. 26, 2016 05:00 AM EDT Reads: 3,004
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Aug. 26, 2016 03:15 AM EDT Reads: 1,398
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Aug. 26, 2016 02:15 AM EDT Reads: 1,930
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Aug. 26, 2016 01:30 AM EDT Reads: 1,661
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Aug. 26, 2016 01:15 AM EDT Reads: 2,006
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 26, 2016 01:00 AM EDT Reads: 1,946
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 26, 2016 12:45 AM EDT Reads: 2,247
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 26, 2016 12:30 AM EDT Reads: 2,897
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Aug. 25, 2016 11:45 PM EDT Reads: 2,274
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 25, 2016 10:45 PM EDT Reads: 1,868
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 25, 2016 10:15 PM EDT Reads: 1,713
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Aug. 25, 2016 09:15 PM EDT Reads: 2,198
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Aug. 25, 2016 09:00 PM EDT Reads: 1,699
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aug. 25, 2016 06:30 PM EDT Reads: 1,934
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Aug. 25, 2016 05:15 PM EDT Reads: 694