Tag

Woman of the week

Browsing

Woman of the Week: Michele Romanow

Michele Romanow is best known for her role as a “Dragon” on CBC’s hit television show Dragon’s Den. Her passion, tenacity, and knack for numbers has made her a driving force on the show — and an investor everyone wants to have backing their team.

What sets Romanow apart from her co-stars is her focus on the individual. If she is going to invest in a business or a company, she wants to get to know the people behind the project.

“I think as tempting as it is to look at the exact business on hand, I inspect the entrepreneurs themselves,” she said in an interview with Women’s Post. “You are looking for someone with a chip on their shoulder. Someone who needs to win. There are so many pivots and turns when you start a business, you want someone who is going to make it work.”

Beyond the “Den”, Romanow is a tech titan and serial entrepreneur who knows how to spot an opportunity. By her 28th birthday, she had already started three different companies across different industries.

She began her career as a civil engineering student at Queen’s University, a tough program that taught her how to problem solve. Romanow had an interest in math and science, but it wasn’t until she helped launch a sustainable, zero consumer waste café on campus that she realized she had a passion for business. Her goal was to convince the administration that her pitch wasn’t about a food service, but rather a sustainability project important to the development of the school. She raised most of the capital herself and the café — called The Tea Room — remains a fixture on campus to this day.

Since then, Romanow has jumped from project to project, solving problems and building new ventures.

“The power that you have [as an entrepreneur] is enormous,” she said. “I think the fun is in solving problems you don’t want to see in your world.”

Her second business was Evandale Caviar, a fishery based in New Brunswick that distributed high-end, Canadian sturgeon caviar to luxury hotels. Unfortunately, the business fell apart in the 2008 recession.

Since then, Romanow has launched a number of incredibly successful businesses. She is the co-founder of Buytopia.ca, Snap by Groupon, and Clearbanc. Clearbanc is Romanow’s most recent venture — an online financial service that makes it easier for entrepreneurs to get capital to grow their own company.

Romanow also helps craft digital solutions for international brands like P&G, Netflix, Starbucks, and Cirque du Soleil. She was a finalist for the EY Entrepreneur of the Year Award; the RBC Canadian Women Entrepreneur Awards; and was a Cartier Women’s Initiative Award global finalist. Romanow is listed as one of the top 100 Most Powerful Women in Canada and was named as one of the Forbes Top 20 Most Disruptive “Millennials on a Mission”.

You would think she is a person who loves to be busy and have numerous things on the go, but Romanow is passionate about her work and doesn’t like to “be busy for the sake of busy”. She would rather get things done and spend her time on something that matters.

In July of 2017, Romanow partnered with Ruma Bose and Richard Branson to launch the Canadian Entrepreneurship Initiative. The goal is to showcase Canadian entrepreneurs and offer assistance to those starting out.

“How do we create more Canadian success stories, especially women,” Romanow asked. “Almost half of Canadians can’t name an entrepreneur they look up to.”

Clearbanc is committing $1 million to finance small businesses and help create those success stories.

In addition to all of these projects, Romanow makes time to mentor women and offer advice to young entrepreneurs. Her biggest piece of advice? Just do it!

“Overplanning can be a detriment,” she said. “My first piece of advice to people is that you have to get started now. Most people think about and analyze businesses for a long time, but it’s important to start to move it. The first idea never ends up being the business that works, but the process allows you to get there.”

Enjoy this profile? Have it delivered straight to your inbox via our weekly e-newsletter. Subscribe below:

Woman of the Week: Kelsey Saunders

Kelsey Saunders is a building scientist with SUSTAINABLE.TO, a collaborative architecture firm that specializes in sustainability. Her role is to help model designs to make sure they perform well in areas of health and energy efficiency, including energy modelling, hygrothermal analysis, and sustainable design consulting. She also provides technical support and helps in research and development into new and existing technologies for residential construction.

Saunders has a Bachelor of Architectural Science from Ryerson University and is concurrently working towards her Master’s of Applied Science in Building Science. In the interview below, Women’s Post learns more about building science, what it means to truly build sustainably, and what needs to change in the industry.

Q: What drew you to architecture as a career?

A: I was always fascinated by architecture and the ability of space to evoke emotion and change perception, even before understanding how or why these spaces could be so moving. I wasn’t one of those people who always knew what they wanted to do and so I didn’t necessarily think that I would become an architect, but I had this special connection with architecture. My initial understanding was that architecture was mostly about aesthetics, because this is often how its portrayed, but when I came to understand that it is mostly about function I was hooked with the concept of shaping how people flow through and use the built environment and the impact it has on everyday life.

Why specialize in building science?

I’ve always done well in math and science, and in fact started out my academic career at the University of Guelph majoring in chemistry and taking calculus and physics courses. I enjoyed the work, but I didn’t see a career path, so I changed lanes and decided to pursue my passion for architecture. I did my undergrad at Ryerson University in the Bachelor of Architectural Science program. In fourth year, students specialize in either Architecture (design), Project Management, or Building Science. In the first three years I did really well in building science courses and found them to be the most meaningful and practical. At this time I still thought I would pursue a career in architecture, but wanted to get a deeper understanding of building science principles to improve my ability to design good buildings.

What exactly is a building scientist?

Building Science is a relatively new discipline that is filling a much needed gap between architecture and engineering (although many building scientists traditionally were engineers, until more recently). Building science is the analysis and control of the physical elements that affect buildings, such as climate, air movement, heat transfer, water, and moisture. Basically, it’s the science behind how we keep buildings dry and warm. The role of building science is to optimize the performance of buildings for improved energy efficiency, durability, indoor air quality, and comfort. There are many roles a building scientist can play. At SUSTAINABLE.TO Architecture + Building we do things differently. “Sustainability” is ingrained in the service we offer. It is not an additional service. Building science is integrated directly into the architectural design process to create durable, healthy, energy-efficient buildings for our clients. I’ve been with SUSTAINABLE.TO for nearly four years now. For me, it’s the dream job because my love of architecture and my science-based brain get to play together on a daily basis. We provide energy-modelling during concept design to guide our design decisions, air-tightness testing during construction as quality-assurance. It’s important to us that our buildings perform as well in practice as we intend them to.

Your focus at the moment is on sustainable building – what new developments are out there that our readers should be aware of?

Something that we are trying to focus on more at our office these days is embodied energy, which is the energy consumed by all of the processes associated with the production of a product, from the time it is mined to when it is installed on the job site. Previously, much of the focus has been placed on how much energy we can save by building an efficient building. So, for example, foam insulation products with high embodied energy have been used extensively to insulate new and existing building to reduce their energy consumption. What we are not realizing is that often, the energy saved over the life of the building doesn’t even cover the energy embodied in that foam insulation. So, if thats the case, what was the point? This is something that needs to be considered when designing truly sustainable buildings. There are some incredible natural building materials (even new innovative ones) with very low embodied energy – straw, clay plaster, cellulose, etc. – that we would love to see become mainstream. They are also safer and healthier choices.

Sometimes people can be overwhelmed when it comes to introducing sustainable options into their home – is there one thing you would suggest everyone doing in order to make a real difference?

The most important “sustainable strategy” is a good building envelope – which is the outside shell of your home, including all exterior walls, roof(s), and basement walls/floor. Investing in a good building envelope will reduce operating costs by improving energy efficiency, comfort, and the overall durability of your home. The best way to achieve this is to insulate, air-seal, and address water in the form of vapour and liquid. If you’re looking to renovate in the near future, insulation and air-tightness can be successfully address in a few different ways depending on how your home is built and the scope of your renovation. As a start, having a blower-door test performed on your home to detect potential air leaks and sealing them up with caulking and/or tape would help. You’d be shocked at the difference this will make to your energy bills. In terms of addressing water, make sure all of your downspouts and roof eaves are clean and directing water away from your home.

How well are Toronto builders doing in terms of sustainability? What more needs to be done?

Honestly, there are a handful of builders in Toronto that are leading the charge in terms of sustainable building. Sadly, it has been the same group of builders for the last 10 years and not much has changed. We attribute this to two things. First, the common “I’ve been building this way for years” mentality. Habits are hard to change, people are strong willed, and they don’t want to hear that they’ve been doing it wrong. Second, building codes are slow to change. As an example, we have been specifying continuous exterior insulation for years, and each year we push how much exterior insulation we use even further and as a result we push our contractors to develop methods of building better buildings. By contrast, the Ontario Building Code only now requires minimal exterior insulation as of 2017, and even then there are options to comply to the energy code without it – by installing more efficient mechanical equipment! It just seems crazy, but its a direct result of push-back from the building industry who thinks that exterior insulation is impossible.

What are you currently working on within Sustainable TO?

As the resident Building Scientist at an architecture firm, I typically get involved in every project in some way. The simplest way I find to describe my role is that I provide technical support to our design team. On some projects, this might be as simple as an intra-office consultation about the best way to insulate and air-seal a building, which windows to select, review mechanical drawings from an HVAC designer, etc. On other projects, I will take on a larger role including energy modelling for building performance optimization, specification of building materials, building envelope detailing (drawings details of how the building should be constructed for optimum efficiency/durability), field reviews during construction, and blower door testing. We also offer these services to projects from clients who have an architect but need a sustainability consultant to optimize energy performance, health, and durability. This can also include consulting and certification for programs like LEED and Passive House.

You are finishing (or are you finished) your Master’s of Applied Science at Ryerson – what are your goals for afterward?

I am completing my Master of Building Science at Ryerson, to graduate in Spring 2018. I’ve been doing it part-time while working at SUSTAINABLE.TO over the past 4 years. Honestly, I don’t see much changing for me one I receive it. I already have the job I want with a company and a team that I am proud to be a part of. As SUSTAINABLE.TO grows, I would like to simultaneously grow the building science department (currently just myself) and broaden the scope of our services.

What do you do when you aren’t working and what are you reading right now?

When I’m not working, I’m typically spending time with my black lab/boxer Odin. I’m very active and love to be outdoors. I’ve recently gained a love and respect for high-intensity training at the gym and supplementing with yoga. I’m a big foodie and have embraced vegetarianism by experimenting with new and interesting foods. I love to travel, but who doesn’t!

I’m currently reading a book called “The Little Book of Hygge: The Danish Way to Live Well” written by Meik Wiking, a researcher at the Happiness Research Institute in Copenhagen. Its about living a balanced life full of Hygge (translated loosely into “coziness” in a Canadian context). It’s an easy ready, but between work and school it’s a perfect read right now.

 

Did you enjoy this profile? If so, sign up for our weekly e-newsletter and we will send them to you via carrier pigeon to your inbox!

Woman of the Week: Meg Davis

Meg Davis loves to witness change in a neighbourhood. It’s her passion — to watch a vibrant community evolve over the years. As Chief Developent Officer of Waterfront Toronto, Davis gets to see this kind of transformation on a daily basis.

Davis has worked for Waterfront Toronto for the last 10 years, and says the change within the neighbourhood is heartwarming.

“When I arrived here we had a couple small parks and wave decks, which were stunning and beautiful and got a lot of attention, but we hadn’t built a building yet,” she said. “In the last 10 years we’ve built an 18-acre park in the West Don lands, Pan Am athletes village, condos in the West Don lands, [and] East Bayfront. People are starting to build down here and one of the things we have started is programming. Cultural events, the sugar shack program, partnering with Luminato — we are really animating the waterfront.”

The waterfront, a 46-kilometre stretch of Harbourfront property along Lake Ontario between Etobicoke and Rouge River, is constantly transforming. Waterfront Toronto is a public advocate and steward of this revitalization process. It was created by all three levels of the Canadian government with the purpose of overseeing and implementing strategies to transform the area.

One of the things Waterfront Toronto stresses is the difference between redevelopment and revitalization. Redevelopment, Davis explains, refers to the selling of land to the highest bidder, regardless of what they plan on doing in the area.

“Revitalization means achieving public policy objectives such as reducing urban sprawl, providing transit, reducing carbon emissions, contributing to economic vibrancy, addressing affordability and providing excellent public realm and architecture by leveraging public land,” she said.

It’s this kind of urban development that Davis is passionate about. Her love of urban planning was encouraged by a geography teacher in high school, whose lesson plans focused on urban affairs. “It really grabbed me. I took as many courses like that as I could,” she said.

Her education is mixed. She has an Honours Bachelor degree from Western University in urban development, a Master’s in business Administration from the University of Toronto, and recently completed an Executive Leadership Program. She started her career as a junior planner with Bramalea Limited, focusing mostly on real estate. From 2005 to 2007, Davis acted as Director of KPMG Canada, focusing on public-private partnership projects, including $1 billion long-term care facilities and the sale of Highway 407.

“I love the physical aspect of it,” she said. “I love to see things come up from the ground and take shape. For me, the use of P3s were a unique opportunity to see how the government and the private sector could come together.”

This is especially true of Toronto’s waterfront, which Davis describes as essentially “one big P3.” Waterfront Toronto is putting a large emphasis on affordable housing within its neighbourhoods, and using that as a foundation for planning.

“You can have affordable housing and expensive condos, [but] if you don’t provide the public spaces, it’s not a place anybody wants to live,” she said. “You can’t squander the opportunities – being by the water is unique in Toronto and you have to make it a complete community.”

As Chief Development Officer, Davis is responsible for leading the development of all lands controlled by Waterfront Toronto. She is particularly proud of the Pan Parapan Am Games Athlete’s Village in the West Don Lands, which was transformed after the games into affordable rental housing, vibrant retail properties, student housing, market condominiums, and public art. Davis says it advanced revitalization of the neighbourhood by over five years.

“We are really animating the waterfront. I think the transformation is huge,” she says.

Davis helps co-chair the Women’s Leadership Initiative ULI Toronto. They are working on a speaking series that will help promote the voices of women in real estate, which she says is still a heavily male-dominated industry.

Enjoy this profile? Subscribe to our weekly newsletter to have them delivered directly to your inbox:

Woman of the Week: Linda Stephenson

How often do you look at the ingredients of your beauty products?  It’s not a common practice. Most people are unaware of the chemical names of toxins that linger in popular beauty products. If you’re fairly good at looking at ingredients in the foods you eat, it’s time to become more aware of what you put on your body. That’s where Linda Stephenson comes in. Stephenson is the CEO and the brains behind Mereadesso skincare products, a luxury brand of plant-based products that are targeted to cover a range of skin issues in a one-step approach.

It only took a few minutes of chatting with Stephenson to know she’s a ‘chemically aware’ beauty guru who cares about the health of her skin — and my skin as well. While enrolled at the University of Toronto, Stephenson studied Chemistry and Biology with a minor in Botany. After landing successful positions at Mary-Kay cosmetics and MAC in the mid-90’s, Stephenson moved on to a purely technical position at  Estee Lauder. Stephenson left her corporate roles to work privately with clients and to study brand acquisition, focusing on how beauty products are positioned in the industry.

Stephenson was always on the go and working tirelessly to market well-known beauty products with a reinvented look. When Stephenson started her family and have birth to her son, she barely had time to think. She was used to being the person that was good at branding and helping people, but it became time to do it for herself.

Stephenson loves to travel, and got used to compressing all of her beauty products to fit into her tiny travel bag. As a busy mom. she noticed all her friends had similar lifestyles — working moms, travellers or even guys who are minimalists. That’s why around eight years ago, Stephenson made use of her educational background ,as well as her corporate directory of contacts, to launch Mereadesso, her own skincare line.

“For me it was a natural evolution from a technical background with over 20 years of experience.” said Stephenson “My products are pretty much plant based— I don’t believe in the ‘magic’ ingredient theory. Our skin is an organ, we live and we work, we need vitamins and minerals.”

With this idea in mind, Stephenson set out to nourish the skin by using natural and real ingredients to calm, heal, and soften the skin by supplying the skin with vitamins, antioxidants, enzymes, botanical extracts and minerals that our bodies can extract.

Unlike many water-based beauty products, Mereadesso is over 30 per cent aloe based with infused minerals and vitamins. One of the things Stephenson wants customers who shop in the beauty industry to be aware of is the ingredient list of products. Look for paraben-free products with real ingredients that are easy to understand. For instance, if you want more Vitamin A, the chemical name is beta-carotene or retinyl palmitate, so look for that listing in your ingredients lineup. The highest percentages will be listed first eg: water and the lowest ingredient of percentage will be listed last eg: fragrance.

“Look for the selling point, not the label claim. Take awareness to your own skin, look for what you need and what you can manage.” said Stephenson.

One of Mereadesso’s best selling products is the original one-step and all in one moisturizer. This moisturizer is aloe based and is a combination of a day cream, night cream, serum, primer and moisturizer. It is also a product designed for all skin types. As Stephenson said, most clients would come to her saying they have sensitive skin, but what does that mean ? Stephenson says to look for the commonality in the products you use that can cause redness and rash and most often this is linked to fragrance. Mereadesso products are fragrance-free in addition to being free of sulfates or artificial colours. Over all, there are about seven different product categories that users can enjoy with Mereadesso, including another best seller — the face and neck cleanser. This cleanser was designed to come with a gentle exfoliating cloth for easy cleansing.

” People need to exfoliate. Cell renewal rate slows down as we age and by removing the dead layer of skin cells, this prompts our skin to renew.” Stephenson said.

Stephenson pays a lot of attention to packaging. For instance, the travel kit comes with a reusable pouch. This kit was actually one of the selling points for landing Stephenson’s products in luxury retailer, Nordstrom. Most products don’t have a secondary purpose, but Stephenson plans to utilize her packaging.

In fact, Stephenson let me in on another skincare secret — avoid buying anything in a jar. The blanket rule is that the preservative system in a jar is there to kill mould and bacteria from forming on your moisturizer, but after being exposed to air and the constant dipping of your hands, the preservative system has to be more aggressive, which is no use to your skin. Mereadesso uses pressurized products in metered dose pumps to protect the product and keep out bacteria.

As Mereadesso continues to grow, Stephenson keeps her team small, but mighty, as her products are mostly available to order online in the United States; although it is also being featured on The Shopping Channel and is available at Nordstorm.

If you are wondering about the name Mereadesso, it was simple. ‘Mere’ means mother in French and ‘adesso’ means ‘now’ in Italian. When Stephenson became a mother, this was when her life changed and she decided to put all her beauty steps into well-rounded and unisex products for minimalists. Because of this, and more, this name will always be close to her heart.

Enjoy these profiles? Have them sent to your inbox by subscribing to our weekly newsletter:

Geeta Sankappanavar joins WXN Hall of Fame

Geeta Sankappanavar is Co-Founder, President and CEO of Grafton Asset Management, a Calgary-based energy investment firm. Sankappanavar is responsible for managing $1 billion in capital, focusing on investments in oil and gas. Prior to founding Grafton, she worked with New Vernon Capital, a $3 billion asset management company.

Wednesday, Sankappanavar was inducted into the Women’s Executive Network (WXN) Hall of Fame after being named one of Canada’s Top 100 Most Powerful Women numerous times.  This isn’t the first time she has been recognized for her work in emerging markets. She was also named one of Alberta’s 50 Most Influential People, and one of Calgary’s Top 40 under 40.

Question: How does it feel to be inducted into the WXN Hall of Fame?

Answer: Humbled. I have been honoured to be part of the WXN network and have had the opportunity to meet the incredible women leaders who comprise it. I am so honoured to join those amazing trailblazers in the hall of fame.

Do you remember the first time you got on the list of top 100 powerful women?

Of course! I didn’t believe it! I immediately called my family. As immigrants to this country, my family has worked hard to build their lives here, and they have always believed that a focus on constant and continuing education and hard work was critical to success. I live by these beliefs to this day. They have been my strongest supporters my entire life. I was so proud to share this recognition with them, for it was their support that enabled my success. It was a heartfelt moment for us all.

You are speaking at the Leadership Summit Wednesday, with the theme “unbreakable”. Does that theme resonate with you – and how so?

Very much so. I think all leaders face and surmount great challenges to achieve success. I think women in leadership execute those same challenges with significant biases- conscious and unconscious that make their paths even more difficult. Leadership is not easy, and you have to really, really be sure this is the life you want. Leadership is exciting, fulfilling and challenging, but it is not easy and it is not for the faint of heart. I am so proud to be part of the incredible group of women in leadership that WXN is celebrating tomorrow. Sharing our stories, our successes and our challenges, WILL make it more commonplace to be a women in leadership for the next generation.

Why did you help found Grafton Asset Management, especially considering your highly successful career prior?

My business partner and I saw an opportunity to connect Canada’s energy sector to global pools of capital. Canadian energy companies need billions annually to fund their capital programs. This need, however, had not been able to be served domestically in Canada with the traditional sources of capital for this industry. We founded Grafton in late 2010 and quickly grew to ~$1B in capital and have built an incredible team to capture the opportunities we are seeing.

Earlier this year you said that Grafton would be exploring alternative energy sources – is this something you can expand on?

I think our greatest challenge as a resource nation is our need to expand our problem space from a producer of hydrocarbons to a producer of power, fuel and petro products. If we do that, it enables us to understand the greater market forces at play in our industry and invest accordingly, which we at Grafton have done.

What’s next for you professionally and personally?

Continue to build our business and support the great team at Grafton to continue to achieve success. And personally, (besides spending time with my family and our growing list of fur babies (we just got a great pyrenees puppy) it is to passionately support women in business and in leadership in any way I can. It is up to our generation of leaders to support the women in the next generation to achieve their successes. If not us then whom, if not now then when?

What advice would you give to young entrepreneurs, especially women?

Entrepreneurship isn’t just about having a vision of where you want to go- Its asking yourself why not? -rather than just saying that something is impossible. And then it’s about assembling the team that wants to try and achieve it with you. It’s the willingness to take risks and not listen to naysayers. To ask yourself what is the right thing to do, and then doing it. It’s casting a compelling vision to motivate others while not being afraid to deliver the hard news or harsh feedback. So, I’d share some advice that has worked for me over the years:

1 – Be flexible- business is a rollercoaster, you need to be able to quickly adapt and pivot your business and your people as required to take advantage of opportunities that you identify,

2 -Hone the ability to assemble and rally a great team around your ideas. Build trust with each other in order to create and sustain a great culture- and I don’t mean picking the nicest people- I mean picking the people who have the courage to challenge you so that together you all get better.

3 – Persevere – Be unwavering, and unrelenting. You must have the belief that with the right partners, you can do the impossible.

For first-time winners, what advice would you give them to stay on the list and eventually be inducted into the Hall of Fame?

First of all…Congratulations!!!!! You have achieved great things professionally and Canada is recognizing and appreciating you for it. Secondly, you still need to be the best. You have to be unrelenting in your pursuit of self improvement. You must work twice as hard and twice as long as your male peers. You must be unforgettable. And when you get there, because you will, you will look around and be so humbled and so proud to be part of an incredible group of women leaders who are an inspiration for us all as well as for the next generation of women in leadership.

Featured image courtesy of oilandgascouncil.com

Woman of the Week: Marina Arnaout

Marina Arnaout is Customer Success Director with Marin Software in London, U.K., where she helps clients transform their digital strategies and manage multi-million business plans. She previously held roles in emerging Canadian and Latin American markets, where she became Regional Head of Digital at SAS Software, a global analytics company. Arnaout was the youngest person at SAS to hold that managerial role internationally.

When she isn’t working, she is actively involved in the non-profit and mentorship sector. She helped raise over $500,000 for SickKids Hospital and helped launch a Clinton Foundation chapter in Toronto, the first of its kind outside the United States.

Arnaout was named as one of Marketing Magazine’s Top 30 Under 30, and Toronto Stock Exchange Future Leaders 150. Women’s Post sat down with her to talk about her role, her career path, and her advice for young businesswomen trying to break the mold.

Question: You went from studying communications to business in university – why the change? 

Answer: I decided to pursue a postgraduate degree in business management to enhance my real life business knowledge with critical thinking and academic frameworks, as well as to expand my knowledge of various business pillars.  

What was your first job following graduation? 

I started in tech helping a Microsoft Partner go to market with a brand new product, and have been in the industry since then. 

When you entered SAS as a manager, what was it that led to your growth and promotion to Regional Head? 

To put it into a formula  my own drive and determination paired with skills, and the guidance of a fantastic manager.  

Was it intimidating to hold a managerial role at a young age and being one of the youngest in the organization to do so? How did you overcome that? 

To be honest – no, it wasn’t. It felt like a very natural progression, and I had an amazing team. 

With such a strong position, why move on to Marin three years later? 

SAS is a fantastic organization on many levels, and my previous role helped me solidify my professional direction. That being said, I’m also a firm believer in stepping outside of your comfort zone and taking risks, so when an opportunity comes up to go to London, UK to work with enterprises across Europe, you don’t say no. 

Can you describe your role with Marin Software?  

As a Customer Success Director, I work with some of Marin Software’s biggest clients. I help them develop digital strategies and embrace the benefits of software especially those focused on customer intelligence and cross channel behaviour. 

You are finishing your Master’s part time – why return to school with such a successful career? 

If anything that’s the reason to do so! The executive global business management programme at LSE has been an amazing experience so far and I highly recommend postgraduate studies for anyone wanting to expand their horizons.  

Obviously, mentorship and community engagement is really important to you – why is that? 

Making an impact in both business and community drives my purpose and passions. I think that the more you achieve, the more responsibility there is to give back. So far, I’ve helped raise over $500 000 for a children’s hospital, helped expand the first ever Clinton Foundation 20/30 event outside the US, and currently sit on a UNICEF Next Gen committee in London. I recommend finding what you’re passionate about and dedicating time to it.  

What do you do to help women?  

Mentorship through involvement with organizations such as Tech London Advocates.  

What advice do you have to young women entering business, struggling to get noticed?  

Read – read the news, read business books, read fiction books. It will expand your vocabulary, make you more articulate, and give you confidence to not only keep up but also meaningfully contribute to conversations around you.  

What are you reading right now?  

Why Nations Fail by Daron Acemoglu and James Robinson 

 

Enjoy these profiles? Subscribe to our weekly e-newsletter to have them (and other surprises) sent to your inbox!

New Canadian alliance created to achieve gender parity on boards

A new alliance has been created to help accelerate gender parity on boards. The Canadian Gender and Good Governance Alliance (CGGGA) is made of seven influential Canadian organizations dedicated to pushing forward gender equality in the workplace, especially on boards and in executive positions. 

Despite decades of advocacy, women are still outnumbered in senior roles, especially within financial services. Women hold approximately 14 per cent of all board seats and only 26 per cent of open board positions are filled by female applicants. A McKinsey & Company study in 2016 showed that only six per cent of Canadian CEOs are women.

The CGGGA is made up of Women in Capital Markets (WCM), the 30% Club Canada, Catalyst Canada, the Business Council of Canada, the Institute of Corporate Directors (ICD), Canadian Coalition for Good Governance (CCGG), and the Clarkson Centre (CCBE).

This is the first coalition of its kind in North America. The CGGGA Directors’ Playbook is their first initiative and presents practical tools companies can use to achieve gender balance on boards.

Women’s Post spoke with Marlene Puffer, partner at Alignvest Investment Management, who represents Women in Capital Markets within the alliance, to find out a bit more:

Why join forces with other organizations to create the CGGGA? 

There is power in having a coordinated message from the many high-quality organizations that all share a common goal – to enhance the numbers and impact of women on boards and in executive positions. The biggest impact will come from having a clear set of tools to offer to businesses, governments, regulators, institutional investors and other interested stakeholders to improve practices that lead to better governance and gender balance.

What will Women in Capital Markets specifically bring to the organization?

Our industry is at the heart of corporate Canada, where providers and users of capital come together.  Senior professionals in our industry and in related areas are extremely well suited to board roles, and we will be launching a lengthy list of high-quality board-ready women in the coming weeks. Women in Capital Markets has an active network of hundreds of senior-level women, and is working diligently to ensure that they have the support and exposure that they need to reach the highest levels within their organizations and on boards. We are a deep resource of information, experience, and research on what works.  We have partnered with members of the Alliance in the past, and we bring all of this experience to the table with the other Alliance members to continue to find innovative ways to move the dial.

What is the ultimate goal of CGGGA? 

The Alliance aims to amplify and coordinate efforts to increase gender parity on boards and in executive positions, and to contribute to public policy as an advisor for the governments and regulators. Enhancing gender diversity on boards leads to greater variety of thought and leadership styles, better understanding of the end consumer, a wider talent pool and ultimately higher-quality boards.

Obviously, after years of advocacy, mentorship, and change, not enough has been done in terms of gender equity on boards. What kind of difference can CGGGA make and why is the process so slow?

CGGGA can have a potent impact if we can get the Directors’ Playbook into the hands of every board chair and every CEO of Canadian public companies, as well as into the hands of the private equity investors who have influence over the selection of board members for private companies.  The tools that we present are logical, and straightforward to implement:  formal board evaluations, term and age limits, using a board competency matrix to ensure a diversified set of skills and approaches at the board table, having a gender diversity policy to set clear goals and to monitor progress, and a focused effort to broaden the networks that are used to recruit board members.

How did you get into finance? 

I got into finance because I loved math as a high school student, which led me to study economics as an undergraduate.  Finance was a field that was growing at that time (the early 1980’s!), and interesting models that we now take for granted had only recently been developed.  I pursued a PhD at a top US school.  I came back to Toronto as a finance professor at the University of Toronto Rotman School, and after about five years, I decided to join the financial industry as Head of Fixed Income Analytics at RBC on the trading floor.  From there, I have had an unusual variety of roles on the investment management side of the business, with a focus on long-term investors like pensions. I have been on the board at the Healthcare of Ontario Pension Plan for nine years.

What is your role in Women in Capital Markets? How long have you been involved and why did you get involved?

 I am currently the WCM representative to the CGGGA, and advisor to the WCM Women in Leadership network, where I have been focusing on the creation of the Board-ready list. I was President of WCM in 2001-2002 and previously I was co-Chair of the Education and Outreach Committee.  I got involved at the start of the organization to help encourage high school students to pursue math and to provide insight into the career opportunities in the capital markets.  I have since been involved in almost every committee along the way.

 

Woman of the Week: Cheryl Hickman

Cheryl Hickman is the founder and general and artistic director of Opera on the Avalon, a company in Newfoundland that showcases traditional opera and musical theatre. The company is dedicated to promoting work by female artists and empowering them through mentorship programs and gender parity policies.

A singer herself, Hickman was inspired to create Opera on the Avalon after being mentored herself. She has performed with some of the most prominent operatic companies in North America and Europe, including the New York City Opera, Vancouver Opera, Calgary Opera, Pacific Opera Victoria, Manitoba Opera, Canadian Opera Company, Florida Grand Opera, and Opera Français. When she speaks, she does so with passion and poetry. She wants Opera to adapt to the times, employing more women and engaging more youth.

In 2017, Hickman was appointed to the Canada Council for the Arts and is the chair of the Governance Committee. Women’s Post spoke with Hickman over the phone about the future of Opera, how to keep a community engaged in such a traditional art form, and the potential of women in positions of power.

Question: Did you always have a passion for music? When did you first discover opera?

Answer: I discovered it at quite a young age. My mom tells me I sang before I spoke. I was a child of the 70s. I still remember terrible 70s lyrics that should be out of my head, but alas, it’s not. My first memory is singing in a Kindergarden production in Newfoundland.

Were you able to get a job as a singer right after graduation or was there a delay? 

I did an undergrad at the University of Toronto and graduate work at The Juilliard School. Literally one of my mentors called New York City Opera – across the square. I walked out of my masters program to a job. But again, that was a mentor who believed in me and picked up the phone. I didn’t realize how lucky I was at the time. 

Why did you found Opera on the Avalon? 

The reason why I started Opera on the Avalon was because of Diana Leblanc at the Canadian Opera Company.  I was in the ensemble and as a young performer you didn’t really see a lot of women. It’s a very male dominated world. She was the first female director I worked with. I think it made such an impact in terms of how she worked. It was a revelation. It was such a rewarding and creatively and artistically and emotionally satisfying experience. I realized later I was trying to re-create that experience in my whole professional life.

I started also, because in my genre, there is little opportunity for women. There are very few artistic directors, heads of companies, producers, and little opportunity in the higher levels.  If you aren’t going to invite me to the party I’ll start my own. The company has evolved.

Power balance will only change if you act on it. And so, in the East coast or in Canada we are the only company that insists on gender parity. We hire people from diverse backgrounds. We also insist on parity in all hiring.

Why is it so important to insist on gender parity in the arts?

It’s so topical now. As a young singer, [opera] was a school of “if it doesn’t kill you it makes you stronger”. There was a lot of sexism and misogyny. It was an unconscious bias people aren’t aware of. It’s only when you are aware of the fact that people of power are all men, you don’t realize how much that impacts you. 

How do you deal with it? You don’t deal with it. You realize what the rules are. The person who gets fired isn’t going to be the abused. You learn very quickly that in the arts talent forgives all. Success is a motivator for people to look beyond someone’s faults and sometimes the faults are quite large and harmful to other artists. You want to work – if you complain you won’t work. You put your game face on.

What is making Opera on the Avalon such a success?

We embrace artistic risk. What interests me is that we are bringing a quality, high callibre to widest audience possible – especially attracting younger generations because that’s the audience we are building. If we are going to attract wider audiences we need to widen the stories we are telling. We can’t allow stories we tell to be only those of dead white men.

I think one of the things we do is you have to reflect the lives of the community you live in back on the stage. We did a new show “Ours” [about] WWI battle that has a tremendous impact on Newfoundland and Labrador. We are doing an opera called ”As One”, focusing on the transgender [identity] and young people finding out who they are and discovering at a young age who you are as a person.

Do you believe in mentorship? What do you do to help young women?

I mentor through a couple of programs, university programs, and through Opera on the Avalon. We mentor young conductors. The number of female conductors in Opera in this country is shameful, so we are working to change that. I often think there is an unconscious bias – men hire men. That happens with mentorship and encouragement. It is really difficult for set designers, conductors, and directors if they don’t see women in power doing those things. You have to have guidance from somebody that has that lived experience and can also speak about the difficulties and challenges, and encourage you every step of the way. I was mentored by some pretty amazing women and we have to lift each other up. 

Any final thoughts?

I guess what’s interesting, or what’s important is that for too long we have been afraid, as women, to speak up because it’s fear of embarrassment or retribution or contempt. And I think now is the time [to speak]. In the last couple of weeks you’ve seen how that is changing. Someone said to me that a young man got hired for something and someone said he was a boy wonder. The female equivalent is bitch and for me, that’s true. As women, we owe it to the next generation to speak up without fear of retribution. It is incumbent on us.

Want to get these profiles sent to your inbox? Subscribe to our newsletter below: 

 

Woman of the week: Nneka Elliott

Sometimes if we’re lucky enough, we have that one person in life whom we aspire to be like. For Nneka Elliott, it was her grandfather. He was the Chief Magistrate to Anguilla, a published author, and a violinist. He inspired her to pursue music, the arts, and to be the next Prime Minister of Canada. While Elliott didn’t really follow that path, she did pursue the Arts.  You may have seen her doing the weather on CTV news or reporting and anchoring at CP24. Today she is a lifestyle entrepreneur who creates digital content.

Elliott grew up as a little girl with ambition, always in front of her camera recording her own shows, taking part in drama classes, piano, acting and of course, the violin. Growing up in the tiny island of St Vincent and the Grenadines, Elliott said having an active imagination was necessary, as there was not a whole lot to do.

However,  her time in St Vincent was also shared with her second home and original birthplace of Canada. Born in Montreal, Elliott moved to the islands when her parents split, but would regularly return to Toronto for vacations.

“I was at a crossroads in terms of my identity as a young kid growing up in the Caribbean, but also had these western influences,” she said.

Elliott enrolled in the radio and television program at Ryerson University and, being one of three black people in her year, felt at times it was important to work that much harder. “It was a very competitive program to get into and a lot of people had prior experience,” she said. “I worked at a radio and television station in St Vincent and I had some experience, but not like working at Rogers, like a lot of these kids were doing.”

She started volunteering for the now defunct Toronto One, where she was an audience coordinator, CBC Sports Awards, and was even the training assistant director on Da’ Kink in my Hair, which aired on Global Television network in 2007.

While in her third year of university, Elliott began her summer internship at CFRB Radio. Her persistence and dedication turned that internship into a part-time job. Elliott knew her goal was to make it on-air so she relentlessly bothered her boss to listen to her demos and sought advice from other anchors at that time.

“It was just an obsession. You have to be obsessed. Just put on blinders. I knew it was something I wanted to do and eventually he was like, ‘ok let’s try you’ and I started doing weekend anchoring at CFRB.”

Elliott worked there three days a week, while being an RA on residence, a student ambassador, and any other thing she had going on. Looking back she didn’t know quite how she did it all.

After graduation in 2006, Elliott got a job at the Weather Network as early as January 2007.  In a short span of time, Elliott moved from an on-call broadcaster to full contract. She always kept in mind that is key is to not be complacent.  It was a similar story for Elliott when she decided to pursue a job at CTV News.

“I called up the head of CTV News at the time and said, ‘it’s Nneka here from the Weather Network,’ he didn’t know who the hell I was, but I just said can you just take 10 minutes out of your day to tell me what you’re looking for in someone at CTV? A lot of what we spoke about was my extra curricular activities, because it’s important to have a life outside of work. He said, ‘we’re not looking for anyone right now but CP24 is hiring a weather person’ and the rest is kind of history.”

Elliott started off at CP24, Canada’s 24-hour breaking news network in 2008.  For the next three years, Elliott was the familiar face coving breaking news around the city and sometimes reporting in studio. In 2011, Elliott took a break to start a few side projects. She founded a venture called Media Huddle to mentor upcoming media personalities that wanted to make it on air.

“People want to be in news because they want to tell stories, but things are changing so much as the money is spread thin in television. The models are changing and it’s harder and harder for journalists to specialize in any one thing,” she said.

“You don’t really become known for anything and I just wanted to be known for something. I’ve been telling people’s stories for so long and I forgot my own. I had this obsession with how I thought my career was supposed to be and I never came up for air.”

Elliott made the decision to leave CP24 in 2016 to rebrand. She got opportunities based on the way people thought she was, as seen on TV, and it was time for her to become her own person. Elliott decided to launch her own blog. She also began to focus a lot on her Caribbean roots.

“I love Carnival. I love food and I love fashion inspired by the Caribbean, so that is why the bulk of my content is about the Caribbean.”

Elliott even launched an online talk show that is specifically aimed at the Caribbean diaspora.

Speed Round: Q&A

Q: What’s your favourite fashion piece?

A: A good pair of jeans, my go to is a jeans and a top.

Your favourite Caribbean dish?

I’m a pescatarian, so I only eat fish but I love fried fish and roasted breadfruit. I also love Buljol, it’s a pickled salt-fish dish.

What do you do for fun?

My husband and I watch an obsessive amount of TV and I’d probably say walk my dog— see I don’t know if people find that fun?

Want to have these profiles sent directly to your inbox? Sign up for our weekly e-newsletter below:

Subscribe

Woman of the Week: Kathy Milsom

When asked to use three words to describe herself, Kathy Milsom quipped, “ethical, high-integrity and committed to making a difference. That’s more than three, but these are hyphened words.”

Milsom was elected the new CEO of Toronto Community Housing (TCHC) nearly a month ago, and tries to run her office using the same mantra as mentioned above. Milsom is responsible for managing over 110,000 tenants as well as the maintenance of each building or facility, making her role one of the most challenging jobs in the city.

Toronto Community Housing has a mandate of providing safe homes for vulnerable people throughout the city. Before accepting the job, Milsom, looked at all the challenges the housing board had faced over the years and wanted to be the person who tried to help solve them as well as help make a difference in the community.

Milson has the benefit of international experience. She traveled the world with her parents, who were engineers, and learned a lot about each community and culture.  “I think it enabled me to be more independent when I was growing up and this helped me in my career,”she said.

When it was time for university, Milsom enrolled at the University of Toronto with the initial intent of studying medicine to become a doctor. Life threw her a curve ball when she lost both her parents. She found it hard to concentrate on medicine and therefore switched to civil engineering — just as a temporary change. This change, however, became permanent as Milsom re-discovered a fascination with buildings, design, and maintenance of structures. remembered why she was so fascinated with building, design and maintenance of structures.

“As a child or as a young person, I was always playing around with mechanical things. I was rebuilding engines of cars after I turned 16.” Civil engineering felt natural to Milsom.

 After working both full-time and part-time to put herself through school, Milsom began gaining as much professional experience as she couldMilsom has served as a chair of the advisory board for Direct Construction Company Limited, the Civil and Mineral Engineering Department at the University of Toronto, and was member of the Canadian National Exhibition and on their finance committee. Milsom is also been a member of the board of directors of the Greater Toronto Airport Authority since 2013. In 2016-17 she served as a director of Thermal Energy Inc.

But one of her most memorable shifts was just around five years ago when she stepped down as CEO at the Technical Standards and Safety Authority. Milsom worked for the TSSA for nearly eight years, managing 13 different sectors over Ontario. This experience taught her a lot about responsibility as she ensured the safety of citizens in public spaces.

“I enjoyed it because being a CEO for so many years,”she said. “I really came to value what a well-functioning board can do to constructively challenge you to be the very best CEO that I can be.”

When the opportunity to get involved with Toronto Community Housing came up, Milsom knew she wanted the job. Housing and community building was linked closely to her civil engineering background, and she was also ready to interact with different communities across Toronto.

Milsom was also excited to get er hands dirty. Her experience on boards didn’t allow her as much of an opportunity to interact with employees and customers.  “The higher up you go — the less you do hands-on,”she said. As CEO, she would be active in the organization

In her initial weeks as CEO, Milsom implemented new steps to ensure she was making a difference to all her employees as well as tenants. The first week was all about learning and getting out in the community to speak with tenants directly about some of their concerns. She also took the time in the first two days on the job to meet approximately 600 of her 1600 employees.

“I’m very proud of the people I get to work with,”she said. “I’ve met a good portion of them and I’ve seen some of our re-developments. For example, Regent Park, which I haven’t been by in a long time, as a citizen, but I went out there to see what the community is doing and I am extremely proud of what our team has created in partnership with the private sector, to really bring the community together.

What Milsom heard from her discussion with tenants and employees is that TCHC needs to communicate better and work towards faster processing and improved information systems. This means a better relationship with the tenants and the housing board, where there is a clear flow of information and where concerns are heard.

It is no secret that the TCHC has been plagued with a backlog of repairs. Billions of dollars are needed to help with the daily operations, maintenance, and general upkeep of the buildings. In response to this, Milsom said her main commitment is to provide clean, safe and well–maintained homes for tenants to thrive. It is a key priority and her board recently approved the request to the city for a $160 million budget for fiscal year 2018-2019 to deal with the repairs as well as prevent the permanent closure of any more housing units.  Milsom is hopeful that, if approved, this should help to solve a lot of the repair issues and complaints they have received over the years.

For the future, Milsom hopes the people of Toronto will recognize the Toronto Community Housing as an agency that everyone can be proud of. Milsom is also humbled to be in a position where she can mentor and guide people. She is set to be inducted into the Engineering Hall of Distinction at U of T this year.