Tariffs and Trade Updates and Information, visit www.chambercheck.ca
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Despite progress in gender equality and growing awareness of women’s contributions to the economy, women continue to be underrepresented in entrepreneurship in Canada.
Sadly, this comes at a time when entrepreneurship itself - always a driving force for innovation, job creation and economic growth - is also declining and continues to suffer post-pandemic. In fact, BDC (Business Development Bank of Canada) has noted half as many people are opening businesses now compared with 20 years ago.
The impact of these issues is explored in a recent Canadian Chamber of Commerce report entitled Women Entrepreneurs: Canada’s Biggest Missed Business Opportunity, a follow up to a report the national business organization’s Business Data Lab released last year entitled Barely Breaking Ground: The Slow Stride of Progress for Women in Business Leadership and Entrepreneurship.
Both reports outline the ‘glacial’ progress of women-owned ventures, despite years of investment.
“I don’t think it’s something that can be resolved by one party or one piece of the ecosystem,” says Marwa Abdou, Senior Research Director at the Canadian Chamber of Commerce, who authored the Women Entrepreneurs report. “I think it needs an all-hands-on deck approach.”
Among its many surprising findings, this latest report found that women-owned businesses have not accounted for more than 20% of all enterprises since 2005 and that approximately 710,000 majority women-owned businesses are ‘missing’ (meaning people who could be involved in entrepreneurship but are not). Also, nearly two-thirds of these ‘missing’ women-owned businesses in Canada are in Ontario and Quebec.
Limited access to capital
One of the most significant barriers for women entrepreneurs in Canada remains limited access to capital. Studies consistently show that women are less likely to receive funding from investors and banks. This can be due to several reasons, including unconscious bias in lending practices, lack of networks connecting women to investors, and fewer women in investment decision-making roles.
“They deal with, comparatively and relatively speaking, more barriers to entry, particularly in a male dominated sector. They have less access to funding and are mentored less and have less training,” says Marwa. “All of that is also mirrored in their trajectory in the business landscape. When you then add on top of it an entrepreneurship environment where it is much more difficult and much riskier to be an entrepreneur, generally that means that the very barriers that women have faced for decades have now become exponentially worse.”
Successful entrepreneurship often relies on access to networks, mentors, and business communities. Unfortunately, women are underrepresented in these areas. Networking events, accelerator programs, and industry associations may not always feel welcoming or inclusive to women, especially those from racialized or Indigenous backgrounds.
Lack of mentors
Marwa notes in a recent podcast she hosts called Canada’s Economy Explained, her guest Isabelle Hudon, President and CEO of the Business Development Bank of Canada (BDC), discussed the economic gap of fewer women entrepreneurs and the pieces surrounding this issue.
“One of the things that she (Isabelle) talks about is even something as simple as when you think about women coming in and bringing in an entrepreneurial idea; they're coming into a boardroom full of white men who are somewhere in the middle, or not engaged,” says Marwa. “They're not going to see things from their perspective. They're not connected to the markets that they're connected to. They don't have the same lens on these issues.”
Without mentors who understand the unique challenges faced by women entrepreneurs, it can be difficult to navigate business growth, funding, and leadership development. The lack of visible female role models in certain industries also contributes to fewer women pursuing entrepreneurship in those fields.
Policies can be cumbersome
Marwa says the need for having advocates and champions in the room for these women entrepreneurs is crucial to access the capital pieces needed, explaining current policies and funding opportunities have not made it easy. She refers to the $2 billion Women Entrepreneurship Strategy (WES) announced by the Government of Canada in 2018 to advance women entrepreneurship.
“We haven't really gotten traction on the things that have really held women back,” she says, adding current polices have made it cumbersome for them to get the loans they need or decipher which start-up incubators or accelerators they can tap into. “We have a lot of programs, and we have a lot of funding that we've made available for women entrepreneurs, but we haven't thought about the practicalities of what it's like from their perspective to navigate that landscape.”
Click here to read the report.
Findings from Women Entrepreneurs: Canada’s Biggest Missed Business Opportunity:
Why there is a lack of women entrepreneurs in Canada
Access to Capital and Funding Studies show that women receive less venture capital and are less likely to secure business loans compared to their male counterparts.
Gender Bias and Stereotypes Women often face skepticism about their abilities, particularly in male-dominated industries like technology or construction. Stereotypes about women being risk-averse or less committed to business pursuits can undermine their credibility.
Limited Networks and Mentorship Opportunities Many networking environments remain male-dominated, which can be intimidating or unwelcoming for women. Additionally, a lack of female mentors in leadership roles means aspiring women entrepreneurs may struggle to find guidance from someone with shared experiences and challenges.
Balancing Family Responsibilities Women are still more likely than men to bear the primary responsibility for childcare and household duties. This unequal distribution of domestic responsibilities can limit the time, flexibility, and energy women must devote to entrepreneurial ventures.
Confidence and Risk-Taking While women are just as capable as men, studies suggest that women may be less likely to pursue entrepreneurship due to lower self-confidence or a greater perception of risk. This often reflects societal conditioning that encourages men to take bold steps while urging women to play it safe.
Lack of Representation and Role Models There are relatively few high-profile female entrepreneurs in Canada. This lack of visible role models can lead to a perception that entrepreneurship is a “man’s world,” discouraging some women from pursuing that path.
Structural and Institutional Barriers Finally, institutional policies and practices can inadvertently disadvantage women. Similarly, economic development policies may focus on sectors where women are underrepresented, such as tech or manufacturing, rather than supporting diverse entrepreneurial pathways.
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Corporate social responsibility (CSR) has become a critical aspect of modern business strategy, transcending the traditional goal of profit maximization. It represents a company's commitment to ethical practices, environmental stewardship, and positive contributions to society.
In an increasingly interconnected world, stakeholders—from consumers to investors and employees—are placing higher expectations on businesses to operate responsibly.
“In today’s world, social responsibility continues to play a bigger role in consumers’ decision making of where and who they want to shop from or work with,” says Brittany Silveira, Marketing Manager at Grosche International Inc. “However, for some organizations, social responsibility remains a checkbox rather than a core value.”
For more than a dozen years the Cambridge-based kitchenware company which has operated as a social enterprise not only offers quality products but has provided thousands of people worldwide with clean drinking water through its Safe Water Project.
“Businesses that integrate social responsibility into their DNA—like Grosche does—see long-term benefits. It's about creating shared value and using your business as a force for good: positively impacting society while fostering brand loyalty and resilience,” says Brittany, who shared some of her insights at our annual Small Business Summit held this past fall at The Tap Room in Tapestry Hall.
Workers seek purpose-driven employment
It’s a mindset that has become more prevalent for many businesses.
Some do it, according to Daniel Waeger, Associate Professor, Canada Research Chair in Corporate Governance at Lazaridis School of Business and Economics Policy, because they are a consumer facing business and realize it’s important to their clientele, and others see it as a way to charge a higher price.
“Often times it’s also just the values of the leadership,” he says, adding employees themselves are also a driving force for many businesses to become more socially responsible.
Today's workforce values purpose-driven employment. Employees, particularly younger generations, prefer to work for organizations that align with their values. CSR initiatives, such as community engagement programs or efforts to promote diversity and inclusion, create a sense of pride and belonging among employees.
Moreover, companies that demonstrate social responsibility often experience higher retention rates, as employees are more likely to stay with employers who contribute to the greater good.
“I would say over the last five to ten years, it has shifted quite a bit more to the employee side,” says Daniel, noting employees are also willing to hold a business accountable when it comes to upholding their CSR commitments even more so than the public. “As you soon as you make commitments towards your employees, they know what’s going on inside the firm, so they are in a better position than the media to hold you to your words and to hold you accountable to a certain extent.”
CSR strategies attract investors
While CSR requires investment, it often leads to long-term financial benefits.
Studies have shown that socially responsible companies tend to perform better financially over time. Ethical practices reduce risks, such as legal issues or reputational damage, which can be costly.
Additionally, CSR initiatives can open new revenue streams, such as eco-friendly product lines or partnerships with like-minded organizations. Investors also favour companies with robust CSR strategies, as these are seen as more sustainable and resilient in the long run.
For the next generation of business leaders, Daniel says he has seen a difference in the attitude among the people he instructs when it comes to putting CSR at the forefront of their business ambitions.
“People used to go to business school to become rich,” he says. “I think the considerations of the public good or of the common good are more central today than they were before. And I do think that it’s overall a good thing if there is a civic attitude.”
Brittany agrees and believes the notion of social responsibility is not a foreign concept anymore, but that its implementation still widely varies.
“The challenge lies in shifting it from an afterthought to a strategic priority,” she says. “I believe this transition is crucial for businesses aiming to stay relevant and meaningful.”
Reflect on company values
In terms of taking that first step to CSR, Brittany says a business must reflect on its values and the values of its consumers.
“Basically, what do you want to stand for beyond profitability? Brainstorm and identify causes that align with your mission and resonate with your team and customers,” she says. “From there it’s about creating a plan, starting small and measuring your efforts. Begin with one or two meaningful projects rather than spreading yourself too thin. Whether it’s reducing waste in your operations, launching a give-back program, or volunteering in your community, ensure your efforts are manageable and measurable.”
From there, Brittany says a company can then embed these values into its business model and share its efforts with the community both internally and externally.
For some businesses, like Grosche, becoming a Certified B Corporation may become the next logical step. Being one signals a business's commitment to balancing purpose and profit. B Corps are companies verified to meet high standards of social and environmental performance, accountability, and transparency.
“This certification assures employees, customers and stakeholders that you’re not just talking the talk. You’re actually making a real difference,” says Brittany. “This credibility and the give back component to your business is a great competitive advantage that can also attract top talent and increase customer loyalty.”
10 ways a business can actively embrace CSR:
Promote Environmental Sustainability Reduce waste through recycling programs and sustainable packaging. Transition to renewable energy sources and improve energy efficiency. Implement water conservation initiatives and reduce carbon emissions.
Practice Ethical Sourcing Ensure suppliers follow fair labor practices and humane working conditions. Source raw materials sustainably to avoid environmental degradation. Partner with vendors who share the company’s ethical standards.
Encourage Diversity and Inclusion Establish equitable hiring practices to foster a diverse workforce. Support underrepresented groups through mentorship or leadership programs. Create a workplace culture that celebrates inclusivity and equity.
Support Community Initiatives Sponsor local events or donate to community programs. Encourage employees to volunteer by providing paid time off for service. Partner with non-profit organizations to address local social issues.
Invest in Employee Well-being Offer competitive wages, comprehensive benefits, and work-life balance initiatives. Provide professional development and training opportunities. Prioritize mental health through access to resources and support systems.
Champion Ethical Business Practices Adopt anti-corruption policies and ensure transparency in operations. Uphold consumer rights by delivering honest advertising and high-quality products. Maintain strict compliance with labor and safety regulations.
Educate and Raise Awareness Create campaigns to educate employees and customers about social or environmental issues. Collaborate with schools and universities to promote sustainability or ethics education. Use social media to amplify causes aligned with the company’s CSR goals.
Develop Sustainable Products and Services Innovate products that are environmentally friendly or socially beneficial. Reduce the environmental impact of production processes. Offer services that address societal challenges, such as renewable energy solutions.
Engage in Fair Trade Practices Support fair trade-certified products and suppliers. Promote economic growth in developing regions by purchasing goods directly from small-scale producers. Ensure fair compensation throughout the supply chain.
Measure and Report CSR Impact Regularly assess the effectiveness of CSR initiatives using KPIs. Share progress and achievements through transparent reports. Use feedback to continuously improve CSR strategies. |
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The evolving nature of work continues to shape the employee landscape due to unprecedented changes driven by technological advancements, shifting societal expectations, and the aftermath of a global pandemic. As a result, organizations must adapt to emerging employee trends to foster a resilient and engaged workforce.
One way to accomplish this suggests Frank Newman, owner of Newman Human Resources Consulting, is to keep in touch with employees through engagement surveys.
“Listening to the pulse of your organization is going to be more important than ever,” he says. “Employers may also want to think about their work culture and in terms of what attracts people, and they want to make sure they are managing leadership effectively.”
Among the many trends employers must embrace is creating a more welcoming work environment, especially when it comes to Canada’s growing immigrant population.
More than 430,000 immigrants were brought to Canada in 2022 by Immigration, Refugees and Citizenship Canada (IRCC), with an additional target of 485,000 this year and a further 500,000 in 2025. IRCC data indicates in 2022, 184,725 of these new permanent residents came to Ontario.
“There is a large talent pool available, and employers have to be thoughtful in how they bring new talent into their organizations from our immigrant population,” says Frank. “The whole concept of diversity, inclusion, and equality is rising in terms of what’s important for companies and for individuals. If you’re not having that positive and diverse work culture, that’s going to hurt you in the long run.”
AI gaining importance
He says the introduction of AI tools, such as ChatGPT, Copy.ai and Kickresume, have not only benefitted Canada’s newcomer population by helping them become more proficient and fluid in the English language, but have become valuable assets for businesses as well.
“I think we are going to see more employers looking for people who have some AI experience,” says Frank. “Being able to say you can demonstrate use of those tools is a good thing for potential job candidates.”
However, there are potential downsides such as the creation of AI generated resumes and materials that can help a candidate embellish their qualifications.
“There are tools to test a document to see if it’s been AI written and you may now see many sophisticated employers doing just that,” he says. “They may also be thinking of asking a potential employee to provide writing samples.”
Managing performance key
Another trend is the emergence of ‘The Great Stay’ phenomenon, which experts say has been replacing the ‘Great Resignation’ experienced during the pandemic as employees re-evaluated their priorities and migrated to other opportunities.
“I’m not sensing The Great Stay too much in this region and am still sensing a fair bit of fluidity, but having people stay longer is always a good thing because it’s less costly,” says Frank, noting it can cost at least three times an employee’s salary to replace them considering the recruitment process, training, and upskilling. “Employers still have to focus on managing performance if people are going to stay longer and they have to invest in leadership and coaching if you want to maximize your investment.”
He notes employees may also be a little reluctant to move due to the ‘shakiness’ of the economy.
“I think employers may want to continue to monitor salaries which have stabilized quite a bit and want to make sure they are staying around that 3-4% annual change,” says Frank. “But I think in general, employers are cautiously optimistic about things going forward.”
Job Market Trends
Hybrid Work Models Employees now seek a balance between the flexibility of remote work and the collaboration offered by in-person interactions. Organizations that embrace hybrid models will likely attract and retain top talent, offering employees the autonomy to choose where and when they work.
Employee Well-being Takes Centre Stage Organizations are placing a heightened focus on mental health, work-life balance, and holistic wellness programs. Employees value employers who prioritize their well-being, leading to increased job satisfaction and productivity.
Continuous Learning and Development With the rapid pace of technological advancements, the demand for upskilling and reskilling is on the rise. Employees expect continuous learning opportunities to stay relevant in their roles and advance their careers. Forward-thinking organizations invest in robust training programs and partnerships with educational institutions to foster a culture of continuous development.
Diversity, Equity, and Inclusion (DEI) Employees prioritize working for organizations that are committed to fostering diverse and inclusive workplaces. Companies that actively address and rectify disparities in hiring, promotions, and pay will not only attract diverse talent but also create a more innovative and collaborative work environment.
Emphasis on Employee Experience Employee experience encompasses the overall journey of an employee within an organization. Companies are investing in enhancing the employee experience, from onboarding to offboarding. Personalized employee experiences, feedback mechanisms, and inclusive company cultures contribute to higher employee satisfaction and retention rates.
Remote Employee Engagement With remote work becoming a staple, maintaining employee engagement is a challenge for many organizations. Companies are leveraging technology to create virtual team-building activities, foster communication, and build a strong remote work culture. Employee engagement tools and platforms play a crucial role in keeping teams connected and motivated.
Job Search and Career Success Hinge on Ethics Employers are still looking for candidates who create undeniable value, not just put in clocked times, who have above-average communication skills, have a strong work ethic, will be reliable, possess the ability to think critically and above all, will fit their culture. Regardless of the uncertainty ahead, the key to creating job search luck will be the same as it has always been: preparation of hard work.
‘The Great Stay’ The current global economic situation, the state of China and other major economies, as well as the ongoing geopolitical conflicts will see recession talk intensify, leading companies to focus on vital roles and hold off on hiring for roles that aren’t ‘must-haves’. Taking these factors into consideration, the next year it will be ‘The Great Stay’ as opposed to the ‘Great Resignation’ when many people switched jobs/careers during the pandemic. |
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The holiday season is not only a time for festive decorations and gift-giving but also an opportunity to foster camaraderie and build connections in the workplace and at industry functions.
Work-related events during this time of the year provide a unique setting for networking, as colleagues and potential clients come together to celebrate the spirit of the season. These gatherings, which can take place right into the New Year, offer more than just a break from the daily grind — they create a platform for professionals to connect on a personal level, share experiences, and build lasting relationships.
“You’re there to start building relationships because people prefer to do business with others they know, like and trust,” says Cambridge Chamber of Commerce President and CEO Greg Durocher. “It’s not about being the salesperson, because you’re not selling a product or service, it’s about selling yourself and building a relationship to the point where people want to start doing business with you.”
One of the key benefits of networking during holiday season workplace events is the relaxed atmosphere. This informal setting allows professionals to get to know each other beyond their job titles and responsibilities.
Additionally, holiday season work events often include activities that promote team building. From festive games to group activities, these events create opportunities for collaboration and teamwork. Working together in a different context can reveal new aspects of colleagues' personalities and skills, leading to a deeper understanding of each other's strengths and abilities.
Also, networking during holiday events provides a chance for professionals to express gratitude and appreciation.
Embracing the festive spirit of the season, professionals can build meaningful relationships that extend beyond the workplace, creating a supportive and collaborative professional network that lasts throughout the year.
Here are some tips to make the most of business networking at this time of year:
Be Approachable: If you want people to know you’re approachable, remember that body language is important so try not to cross your arms and legs, or use objects (drinks or plates of food) as potential barriers. Also, maintain positive eye contact and lean in slightly to let others know you are interested and engaged.
Stay Professional: While the atmosphere may be festive, remember that you are still in a professional setting. Maintain a level of professionalism in your interactions, even in a more relaxed environment. How you greet people at these events can impact their perception of you. A warm and firm handshake, or a light touch on the arm or shoulder can create an instant bond.
Prepare An Elevator Pitch: Be ready to succinctly describe your business or professional background. A well-crafted elevator pitch can make a lasting impression during brief encounters.
Dress for Success: Wear appropriate attire. Always remember this is a business event. Festive and stylish is great, but flashy or too revealing can be unprofessional.
Limit Your Smartphone Use: If you can, leave your smartphone at home, or try to keep it out of sight. Constantly checking emails and texts while talking with fellow partygoers can send the wrong message.
Update Your Business Cards: Ensure your business cards are up-to-date and bring plenty with you. The festive season can be a great time to exchange contact information.
Express Gratitude: Send personalized holiday cards or emails to your professional contacts, expressing gratitude for the collaboration and partnership throughout the year. It's a thoughtful way to strengthen relationships.
Set Realistic Goals: Set specific, achievable networking goals for each event. Whether it's connecting with a certain number of people or initiating conversations with key individuals, having a plan can make your networking efforts more focused.
Join Online Networking Events: If in-person events are limited, consider participating in virtual networking events. Many organizations and platforms offer online gatherings where you can connect with professionals from the comfort of your home or office.
Utilize Social Media: Share holiday greetings and updates on your professional social media profiles. Engage with your network online by commenting on their posts or sharing relevant content.
Follow Up: After the event, follow up with new contacts promptly. Send a personalized message expressing your pleasure in meeting them and suggesting ways to stay in touch.
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The decision by CTV’s parent company Bell Media to abruptly end its contract with its lead national news anchor Lisa LaFlamme this past summer sparked public outcry.
While touting the move as a ‘business decision’, accusations of sexism and ageism surfaced after the esteemed journalist let her hair go gray brought these issues into the spotlight and has sparked much conversation in the business world.
“It definitely has raised awareness and discussion and debate as some companies have been doing things to promote gray hair,” says Jessie Zhan, Associate Professor, Department of Organizational Behaviour and Human Resource Management, Wilfrid Laurier University, referring to Dove Canada’s ‘keep the gray’ campaign launched in wake of LaFlamme’s dismissal.
As a result of the publicity surrounding LaFlamme’s departure, Helen Jowett, President and CEO of McDonald-Green, a Cambridge-based HR Consulting Firm, says that Bell Media’s decision has left many in the business world questioning things about gender and ageism, noting the sudden end of the news anchor’s contract overshadowed the fact she was not given any real opportunity to have her long career celebrated.
“As a sixty something female, I too was disappointed that she had not been given the same respect that her male counterparts had been afforded,” says Helen.
Professor Zhan’s says issues surrounding sexism and ageism in the workplace aren’t new but have probably become more noticeable because of the whole demographic shift in the workplace.
“The population and workforce are aging and at the same time, in the workplace different age groups and generations are working together on a day-to-day basis and that makes ageism more noticeable,” she says, noting these issues, along with racism, make up the three main issues facing many workplaces and has been working with one of her students to investigate the intersectionality of sexism and ageism.
“In the literature, gender and sex and age have been studied separately but they’re not separate issues,” says Professor Zhan, adding that younger men and women in today’s workplaces do not seem to represent the stereotypical interpersonal perception of those older in which men are often perceived as being more dominate while older women take a more ‘supportive’ or ‘motherly’ role in the work environment. “The younger generation really tries to protect their gender equality in the workplace or making those gender differences less noticeable.”
Helen agrees, adding having various generations working together can also result in valuable mentoring opportunities.
“Many cultures revere the wisdom of age and I’m encouraged that the young leadership demographic rising today are embodying the desire to accept the benefits of diversity in relationships.”
Professor Zhan says in the workplace, age is the one constant noting that every worker will age and eventually become part of another work demographic.
“At different ages, people will belong to different age groups throughout their work career,” she says.
How to identify potential issues in the workplace
When it comes to identifying potential issues surrounding sexism or ageism, Professor Zhan says awareness is always key.
“It can be difficult to tell a person’s attitude,” she says, adding there may be observable behaviours in the workplace that may indicate an issue exists. “Are people interested in making friends outside their age group? Do you see people from different age groups talking to one another? Do you have the sense people feel comfortable working with others from a different age group?”
Helen says potential signs could also include something as simple as dismissing or exclusion of input, right up to psychological bullying.
“Leaders must be clear about the behaviours that they themselves model, reward and tolerate. Early detection of out of sorts relations should be addressed with empathy, understanding and encouragement to resolve conflict,” she says. “Certainly, policy and process for safe communication of escalated behaviours should be well communicated, reported and disciplined.”
What can be done when an issue is discovered?
There are laws and regulations in place when it comes to gender equality, including the Employment Equity Act, Pay Equity Act, Canadian Gender Budgeting Act, and the Canada Labour Code. At the provincial level, the Ontario Human Rights Code protects people from age discrimination.
However, Professor Zahn says taking a good hard look at those in your workplace is the best first step before taking any further action or implementing new policies.
“If you spend time with your people, you will be able to tell whether those from different age groups actually want to work together,” she says, adding positive contact between intergenerational employees can reduce stereotypical perceptions.
Helen says encouraging and celebrating the information exchange between employees can go a long way to setting the tone for inclusivity of all people and preferences.
“Raising awareness of the strategic benefits of understanding differences should be spoken of often and openly,” she says. “There will always be something to be learned from someone else if we can embrace the learning offered.”
And if policy changes are required, Professor Zahn says implementing age specific ones can be a benefit and could include providing training or mentorship opportunities to older employees or creating a clearer path for younger workers to switch to a role they may find more challenging and meaningful.
“Traditionally, when people talk about HR practices, they are age universal. People rarely talk about whether certain HR practices have the same impact for people who are younger versus older in the workplace,” she says, noting each age group values different things. “Most findings have shown age specific HR policies/practices that keep age differences in mind have a positive impact on employees.”
But Professor Zahn is quick to note there can be a negative side also to such policies and practices, explaining by highlighting these age differences may make some employees feel they are being treated ‘differently’ than others.
“It could hinder their performance or lower their self-esteem,” she says, adding there is a new stream of research being conducted highlighting benevolent sexism and racism in the workplace where ‘over accommodating’ employees can be just as harmful. “These actions and feelings are not always coming from the intention to harm.”
Are workplaces getting better at curbing sexism and ageism?
There is no real clear answer to this question, however, Professor Zahn says there is clearly more discussion going on centred around age in the workplace.
“When it comes to ageism, older people are not the only targets. Younger workers are targets as well,” she says. “They can often be perceived stereotypically as less reliable, and they may not get the opportunities to be promoted to certain advancement programs.”
As a result, it’s imperative to celebrate the multicultural and multigenerational perspectives found in workplaces and try to do things in different ways.
“Hopefully, we can value and celebrate that and enjoy the positivity,” says Professor Zahn. “The first step is always becoming aware of the problem.”
Helen says while most organizations are capable of recognizing differences in people’s gender, age, race, religion, ethnicity, sexual preference and many other observable differences, there are still strides to be made.
“Without oversimplifying, we must get better at recognizing and appreciating the strength of sameness and differences for peaceful coexistence,” she says. “Successful organizations learnt early that harnessing employee differences in a respectful way can actually be a strategic imperative resulting in improved support for their customers, suppliers and employees.”
A few steps to creating an open and equitable workplace:
Source: Monster.ca |
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The word ‘diversity’ has become commonplace in most workplaces.
But according to a local expert in the field, the definition of that concept may be difficult and even confusing to pin down.
“Diversity is like the big buzz word right now and it’s a big topic that’s on everyone’s mindset,” says Dr. Nada Basir, Assistant Professor at the Conrad School of Entrepreneurship and Business at Waterloo University. “Companies are putting money into it because we all know that it’s important. But business leaders, when they think about diversity, tend to think of it on the surface level.”
As a result, she says the deep level of diversity, not just the observable points relating to gender, race, and nationality, often get overlooked.
“While we understand diversity is about differences, we sometimes narrowly focus on one type, and I think that’s where there is confusion and that’s where we need to think a little bit more outside the box.”
Dr. Basir will delve into this subject even deeper at our Women Leadership Collective Series event entitled: ‘Collaboration Between Men and Women to Empower Each Other, Inspire Each Other, and Lead Together’. During this in-person event Oct. 21 at Langdon Hall, she will explore what kind of diversity matters when it comes to producing benefits in the workplace.
“But I don’t want to make a case as to why diversity is important because we already know it’s important,” she says, noting introducing diversity in the workplace is not just about hiring or collaborating with diverse people. “It’s about the context that diversity is in and how do we make sure the teams or companies we are building are harnessing that diversity. What does it mean to have people come to the table and feel engaged and welcomed, and how do we tap into their identity-related knowledge?”
Dr. Basir says many companies may have a 50/50 split between male and female employees and feel they are doing well when it comes to promoting diversity, but this is not always the case.
“Who is making the decisions in that company? Who are in the leadership roles?” she says, explaining research surrounding motherhood show that women tend to leave the workforce more than men because they may not feel supported enough when it comes to such things as childcare or fertility issues. “We can have a diverse workplace but if the environment does not cater to it and leverage it, then what’s the point?”
When it comes to creating a diverse and collaborative workforce in a post-COVID-19 environment, Dr. Basir says companies have learned about the importance of being more agile.
“The world is complex and complicated, and things change very quickly in business since customers and stakeholders are involved in everything that’s happened and we have to keep them engaged, and it can be really costly if we don’t pay to attention to diversity,” she says.
Dr. Basir says relying on different perspectives and lived experiences can help the decision-making process at any company and hopes to convey that to participants at the Oct. 21 event.
“I hope it’s a workshop of reflection in terms of what people thought diversity was and why it’s important and maybe when they leave, they’ll have a different perspective on what diversity should look like,” she says, referring to the research she will also introduce to build a business case for diversity. “I want to talk about what do we know about diversity in terms of ROI (Return on Investment).”
To find out more, visit our Events Calendar. |
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George Floyd. Amy Cooper. Ahmaud Arbery.
Their names and those of many others have become synonymous with the harsh reality of anti-black racism in North America.
For professional speaker Anthony McLean, this is an issue he’s lived with as a black man throughout his life. As a child, the 42-year-old father of two vividly can recall being accused by a shopkeeper of stealing for no reason and being pulled over as a teen, even though he hadn’t broken any laws, by a police officer who just wanted to ‘check’ to ensure the car he was driving wasn’t stolen.
The former TV host will share his insight at a special event we’re hosting Oct. 27 to recognize Small Business Month called ‘Are We Anti-Racist Yet?’.
“If you’re not racist, you would not make a racist joke. But when you’re anti-racist, and someone else makes a racist joke, you would speak up,” he says, during a Zoom call from his home in California, where the Canadian actor moved with his family a month before the pandemic hit in 2020. “As Canadians, we’re very good at being polite and not rocking the boat and not saying anything that could be deemed offensive. But this is about going a step further than that and even creating uncomfortable conversations if it’s called for not just in the workplace but at home.” Anthony, who has delivered hundreds of talks full-time since 2010 to corporations and schools regarding the importance of mental health, diversity, and equality, says the murder of Floyd last year at the hands of Minneapolis police ignited a movement.
“It changed the game and changed the business world,” he says. “It’s not enough to have a Black Lives Matter logo on your website because people want to know what you are doing to create a diverse and inclusive workplace and to really create a sense of belonging for anyone who works in your business or anyone who does business with your business.”
During his talks, Anthony says he uses humour and his training as an actor to ensure his audiences remain engaged.
“I don’t want it to be all that heavy. I want it to be fun and interactive,” he says, referring to the performance energy he uses to interact with an audience. “I also want to make you think and challenge you to take some action.”
In terms of action, Anthony says small businesses can make huge strides by hiring people with different vantage points who can offer a new perspective.
“It’s amazing what happens when you get people around the table who see the world differently from you,” he says, adding hiring people from within your ‘circle’ may no longer help your business to advance. “Sometimes, to find the right person to really help your business get to the next level and reach people you’ve never reached before, you may have to work with a recruiter to find that diverse talent.”
In terms of takeaways, Anthony says he hopes participants at the Chamber event will see diversity as a competitive edge in business and the impact ‘micro’ aggressions can have on the workplace.
“I hope they see it as a business strategy and get excited about what their workplace can look like,” he says, noting helping others inspires him. “If I get off a virtual presentation and feel I made people laugh and made them think about what action they’re going to take it’s a good day and that really inspires me; I’m on cloud 9.”
As well, Anthony says he is inspired about the future and despite recent events that have made national headlines remains optimistic and hopeful society is finally on the right track regarding equality.
“I think we’ve hit a very critical point that there are enough people who are adamant about being anti-racist,” he says. “We’re now at a place I think that in the future we’ll look back and say the world did change. We’ve made some great gains and I know I’m raising my kids in a world that I didn’t grow up in.”
Our Recognizing Small Business event: ‘Are We Anti-Racist Yet?’ takes place Wednesday, Oct. 27, from 11:45 a.m. to 1 p.m. To learn more, visit:
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