I believe that women entrepreneurship will not only give a boost to the economy by increasing the number of employed people and leading towards a more gender-equal growth. Not being financially independent is one of the main factors that prove as a hindrance in self-empowerment of women, especially in patriarchal societies like India.
Creativity is the design of novel and useful products. Exploring the world through creative and innovative lenses results in solutions to challenges. Stepping out of your comfort zone and embracing play is essential. It's what creativity goes with and cities need to be more playful to keep talented creative people: which is why Emily Smith started the Vancouver Mini Maker Faire.
What follows is a series of recommendations that could apply to any public board to: make it more focused on value creation; to strengthen real director independence, including from management; to strengthen management accountability to the board; and to strengthen board accountability to shareholders.
Imagine the G20 Leaders (Zuma, Obama, Harper, Pena Nieto, Rousseff, Fernandez de Kirchner, Jinping, Keqiang, Yudhoyono, Abe, Geun-hye, Singh, Putin, Erdogan, Merkel, Hollande, Cameron, Letta, Abdullah and Gillard). Open your eyes. Now imagine 20 girls. What you see are the G(irls)20 Summit delegates.
One of my earliest memories as a child was going to Prince's Island Park in Calgary every June to walk The World Partnership Walk. Back then, I looked forward to it because we made it a family affair. I would head down to the park with my family and it seemed that in exchange for walking a mere 8 kilometers or so, I would receive a delicious chili lunch, have a chance to part in some fun activities, get my face painted and even come away with a few prizes (it was all well worth the stickers).
Last year the CEO of Canadian Pacific, Hunter Harrison, received $49.2 million in compensation. The difference between regular employees' pay and CEO compensation has grown rapidly in recent years. According to the Canadian Centre for Policy Alternatives, in 1995 the top-paid CEOs received 85 times the earnings of average Canadians.
A recent study by Nielsen shows that advertisers, big and small, are turning to the Internet to push their brands. Though many respondents said they still plan to use online advertising for direct response, more and more are spending money on digital brand advertising to promote their company, product or service.
I've seen business owners and personal contacts tarnish their reputations with a few words or a few clicks, not fully realizing the power of the digital world we now live in. Every picture you post, every status or page you like, and every update you share is essentially announcing to the world who you are, permanently.
Just about everyone I know has designs on or at least daydreams of starting a business, which I think is normal. And yet, while no one ever says, "I want to be a cog in a giant, multinational machine when I grow up," that's usually what happens. I can't give you advice on how to create a successful business, but I can hopefully give you the nudge you need to at least try.
Many businesses face transitions, and sometimes it is hard to embody change. But as with everything else in life, change happens constantly, and when we embrace it we end up realizing that it is likely for the better. Sometimes a good spring cleaning to get rid of the old and make space for the new is just what a company needs.
In this day and age of free market orthodoxy, the banks don't like to think of themselves as having any sort of "moral obligations," only obligations to shareholders. But the protection Canadian banks enjoy -- the same protection that has allowed them to prosper internationally -- means that the banks do not operate in a free market environment, and if they want to continue having their cake and eating it too they should accept they have responsibilities towards the Canadians who have little choice but to bank with them.