MEDIA: CBC News Network Weekend Business Panel (January, 2018)

Happy New Year!  Back in the studio this past weekend for the CBC News Network Weekend Business Panel with John Northcott and Elmer Kim.  We discussed the week in business, including:

  • NAFTA and Mixed Signals from the US.  First, Trump says the US might pull out of NAFTA; next, he says the talks are moving along well and he might extend the deadline.  What could be in store for Canadian businesses?
  • Tim Hortons and Minimum Wage.  Canada’s favourite coffee shop has faced a backlash over how some franchisees have responded to minimum wage increases in Ontario.  What are the implications for the brand and lessons learned?

Both of these stories have received a significant amount of public and media attention.  Here’s a quick take:

  • In terms of NAFTA, it’s no secret that Trump’s target of dissatisfaction has been Mexico, and that Canada and the US are significant trade partners.  Bringing an end to NAFTA isn’t as easy as some might think, and regardless, Canada and the US need a basis to do business together, whether it is under NAFTA or some other arrangement.  Canada should be focusing on its global trade strategy, as well as its options for trade with the US.  Canadian businesses, on the other hand, should be focusing on the significant work that needs to be done in order to approach global opportunities.  Talking to a business advisor is a great first step!
  • The Tim Hortons saga is a good example of what can happen when important business and implementation planning are not managed well.  This type of situation can also be impacted by a lack of communication: between a company and its franchisees (or locations), employees, and customers.  And as for the public sector, we can all agree that providing a fair wage is a good thing, but leaving it up to companies to implement a large increase simply isn’t a wise strategy, given that a business’ payroll is typically its largest expense.  A more gradual approach that starts sooner rather than later would have been a better idea.

Thanks for watching and see you soon, CBC!

MEDIA: CBC News Network Weekend Business Panel (December, 2017)

Great to be back in the studio for the CBC News Network Weekend Business Panel, alongside Elmer Kim and John Northcott.  We discussed a busy week in business, including:

Thanks very much, CBC.  See you in 2018!

MEDIA: CBC News Network Weekend Business Panel (November, 2017)

It was my pleasure to appear on the CBC News Network Weekend Business Panel again this past weekend with Michael Hyatt and John Northcott.  We discussed the week in business, including:

There is so much that could be said on these topics.  Thanks for the opportunity to share my thoughts with your viewers!

MEDIA: CBC News Network Weekend Business Panel (October, 2017)

Pleased to have returned to the CBC News Network Weekend Business Panel this past weekend, joining Elmer Kim and Aarti Pole.  We discussed the week in business, including:

Thanks very much for the opportunity to share my views on these stories with your viewers.  See you again soon!

MEDIA: The Diversity Files

I was recently interviewed by CBC News Network Radio regarding a story about an organization devoted to the advancement of women in the workplace having selected a man as the Chair of their advisory board. Although I’ve never been one to point to my gender as impacting my career progress, it served as a reminder of what an important issue this is.  I’m taking the opportunity to discuss this topic in a new blog segment, The Diversity Files.

Having women in leadership positions provides a tremendous role model opportunity, in terms of what can be achieved in the business world.  I was fortunate to grow up in an environment where I believed that anything was possible, in terms of the career that I could have.  It was not until I was much older that I appreciated the fact that not all girls (and boys, for that matter) have this experience.  There are also many points in a person’s career where discouragement could set in; being passed over for an advancement opportunity or pay raise, encountering difficult co-workers, or the boss who doesn’t support your efforts (or, perhaps, has the audacity to take credit for your work!).  These moments can call into question if it’s worth the effort, if that lifelong goal is really achievable.

It’s no secret that, even in 2017, women are still underrepresented in a number of senior level roles, including that of business owner, the executive ranks, and on governance Boards.  In too many cases, women are so badly underrepresented, it is difficult, if not impossible, to explain.

Studies have found that companies who employ more women in the C-Suite are more profitable, and those who have women on their Boards generate better performance at the governance level.  Since strong financial results and better corporate performance are integral to building shareholder wealth, it begs the question: why are there not more women in the senior ranks of so many companies?  Why?  Based on these findings alone, it doesn’t add up, not to mention what it means on a human level; the very thought that one being is somehow lesser than another.

This reality points to the business world itself.  Could there be something systemic that makes it less likely for women to progress to senior levels?  Unlocking the code to resolve this problem isn’t a casual matter; rather, it is integral to driving better results and fostering inclusion.  It is also simply the right thing to do.

It is not as if there is a lack of qualified women, educated in business and in the corporate world, to fill these roles.  Solutions lie in more women pursuing senior level positions, being supported when they do, as well as given their fair amount of the opportunity; they have earned it!  Women, without question, have the ability to perform well in senior roles, and doing so just doesn’t drive results; it represents a powerful opportunity to set an example for the next generation.  Heaven knows, they are watching.

MEDIA: CBC News Network Weekend Business Panel (August, 2017)

It was my pleasure to appear on the CBC News Network Weekend Business Panel this past weekend with Michael Hyatt and John Northcott.  We discussed a variety of the week’s business topics, including:

Thanks so much for welcoming me and see you again soon