Getting more women on board

Several initiatives in Canada, Europe push for faster change
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 04/09/2012

The pace is just too slow. Numbers may vary slightly, depending on the metrics, but the basic message is clear — women do not take up enough spots on corporate boards.

In Canada, it has taken women 17 years to move from six per cent of the total directors of the largest companies to 10 per cent, according to executive search firm Korn/Ferry in partnership with board governance consultancy firm Patrick O’Callaghan and Associates.

At this rate, it would take 45 years to achieve 25 per cent, according to Patrick O’Callaghan, managing partner at the Vancouver-based firm.