WCM's Women in Leadership Network (WIL)
Bringing the industry's senior leaders together to work collaboratively on important initiatives in advancing gender diversity in corporate leadership; while building a strong network of senior leaders. WIL aims to:
Strengthen the public profile of female professional leaders
Promote the business case for gender diversity among senior leaders
Increase the numbers and impact of women in senior management and on Canadian boards
Enhance the pipeline of women ready for senior leadership roles
In Canada today, only
Of all board seats of TSX-listed companies are held by women
Of TSX-listed companies have female CEOs
Of C-suite executives at Canada’s 100 largest publicly traded corporations are women
Women on corporate boards globally
Improving gender diversity on boards leads to stronger thought leadership styles, better financial results, access to a wider talent pool and ultimately higher-quality boards. Studies show that organizations experience the greatest benefits of diversity when they have between 40% and 60% female representation. Sadly, we have a long way to go. Here is where we stand globally:
WCM Board-Ready Directory
WCM's directory of Canadian board-ready women - a resource for Board Chairs, senior leaders and recruiters to identify and locate women who are eminently qualified to sit on public, private, and not-for-profit Boards of Directors.View List
WIL’s members are active thought leaders, setting platforms across the country to put increased pressure on corporate Canada to drive change.
Despite overwhelming evidence of the strong business case for diversity in leadership, along with the good intentions of business leaders and government, we have made little progress. In corporate Canada today, we remain frustratingly far from reaching gender parity. In fact, at our current pace, we remain some 200 years from achieving parity. Women remain underrepresented throughout our industry's talent pipeline, their presence dwindles as they rise through the ranks, and although we continue to make small improvements with each year, the progress is slow. In 2017, women filled only 26% of vacant board positions, meaning 74% of vacant board positions were still filled by men.