Insight
  • The number of women in middle and senior management roles has stalled over the past 20 years, and new research says men in these top positions are part of the problem.

    Despite a growing business case for having more women in top jobs, male leaders don't see the advancement of women as an issue, or don't understand it, according to the report released Wednesday from the Conference Board of Canada.

    “The men who appear the least concerned are those with the most power to enable change—senior executives,” states the report titled, Women in Leadership: Perceptions and Priorities for Change. ”It is simply not a major issue for many men.”

    Researchers asked survey respondents to indicate their reaction to the statement, “Organizations should try to increase the number of women in their senior management ranks.” In response, 90 per cent of women in senior management ranks agreed, compared with 42 per cent of men in those roles, says the report.

    Without the support and some action on the part of

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  • Would you like your medium double-double to have subtle notes of international small business development on the tongue? A smooth mouthfeel of morality and a robust finish with strong hints of fair sourcing?

    Well, Tim Hortons believes they’ve just introduced the ethically-justified java you’re looking for.

    The Canadian coffee-and-donut chain is set to introduce Partnership Blend, their first coffee sourced entirely from farmers involved in their Coffee Partnership program.

    The ground coffee is available in 343-gram bags, meant to be brewed at home. Each bag retails for $7.69, with one dollar from each purchase going back to the partnership program.

    Developed eight years ago as demand for fair trade coffee was expanding, the program works with small-scale farmers in Brazil, Honduras, Guatemala and Colombia to expand their business and ensure they’re following efficient and ethical management practices. The operation is then audited by a third-party group to ensure its effectiveness.

    “The

    Read More »from Tim Hortons goes indie with new, darker coffee
  • Canada’s housing market is slowly coming out of the cold, but economists say there’s no comeback in the works.

    Newly released data from the Canadian Real Estate Association (CREA) says sales of exiting homes fell 3.1 per cent in April compared to the same month last year, with transactions down in about 60 per cent of local markets.

    That compares with a 15-per-cent year-over-year decline in March, with transactions down in more than 90 per cent markets – a drop CREA attributed to the Easter holiday and an extra full weekend at the end of the month in 2013.

    The average sale price of a home across Canada rose 1.3 per cent in April compared to a year ago, or to $380,588.

    In the shorter term, home sales across Canada rose 0.6 per cent in April as compared with March, while the number of newly listed homes fell 0.9 per cent month-over-month.
    Economists say the numbers are encouraging heading into the popular spring home-selling season.

    “We are continuing to see signs of a spring thaw in the

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  • Can workplace injustice sharpen your taste buds?

    I don't know about you, but when I get stressed out at work my complexion gets bumpy and I tend to yell a lot. But, who knew work-related stress makes food taste stronger.

    A new study titled "Does injustice affect your sense of taste and smell? The mediating role of moral disgust" from the Sauder School of Business at the University of British Columbia suggests unfair treatment at work can sharpen taste buds.

    “Our perception of the world is altered by stress – and we show how significant the mistreatment of our fellow humans impacts us, physiologically,” says Daniel Skarlicki, lead author and professor at the business school.

    “This is just a glimpse into the kinds of physical effects workplace stress has on us. Managers really need to foster fair environments for employees.”

    The study, which focuses heavily on understanding the link between the emotion of "disgust" and sensory perception, involved a number of experiments. The first included asking participants to recall fair and unfair

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  • North America’s oil ‘supply shock’

    The shale boom in the United States is creating a "supply shock" that will ripple through global oil markets over the next five years and redraft how oil is transported, stored and refined, the International Energy Agency said in closely-watched report released on Tuesday.

    Following several years of stronger-than-expected North American supply growth, the "shockwaves of rising" U.S. shale gas and light tight oil and Canadian oil sands production are reaching virtually all recesses of the global oil market, the Paris-based group said, noting the effects will be as transformative to the market over the next five years as was the rise of Chinese demand over the last 15.

    “North America has set off a supply shock that is sending ripples throughout the world,” IEA Executive Director Maria van der Hoeven said in a statement. “The good news is that this is helping to ease a market that was relatively tight for several years."

    The group said it expects global demand to reach 96.7 million barrels

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  • For all those who believe LinkedIn to be soulless and empty, a social site without much social, and even less of a site, know that it’s not without a bit of whimsy. That, or the career co. has suddenly found a sense of snark.

    The snark arrived on Monday when tech entrepreneur and Flickr co-founder Caterina Fake tweeted out that LinkedIn’s algorithm took measure of her achievements and suggested she might apply for a senior product manager role on Flickr. It seems there is an opening available on the photo-sharing site’s mobile team.

    At this point I should mention that Flickr is owned by Yahoo! The company bought it in 2005 for a reported US$35-million. At the time, Flickr was a year-old spin-off of sorts from Ludicorp, a Vancouver-based start-up. Within months of its meteoric launch, it had become one of the world’s most

    Read More »from LinkedIn tells Caterina Fake to apply at Flickr
  • Feeling depressed? It could be your job

    Ever feel like work is getting you down? If so, you're not alone. It appears a good chunk of Canadians say their workplace fuels feelings of depression, anxiety and other mental illness, according to an Ipsos Reid poll.

    Two in 10 working Canadians, excluding self-employed workers, say their place of work is a frequent (11 per cent) or ongoing (5 per cent) source of strife. Nearly 15 per cent say work causes these feelings several times a year, while another 33 per cent experience them more infrequently. On the flip side, four in 10 people workers say work never gets them down.

    Overall, nearly half of Canadians surveyed say work and the workplace is the most stressful part of their day.

    The data also reveals that there continues to be a lingering stigma against mental illness in the workplace, with nearly two-thirds of respondents saying they would not likely talk to their bosses openly about their mental illness.

    That stigma can translate into poor worker productivity, said Heather Stuart,

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  • Where the millionaires live now

    If you're in Tokyo, look around. Millionaires may be all around you.

    That's because the bustling city ranks first when it comes to the place with the most millionaires, according to a new study from WealthInsight, an independent research firm based in London, UK.

    Why Tokyo and not London or New York, you might ask?

    "It has to do with concentration," Andrew Amoils of WealthInsight told CNBC, who noted the millionaires in New York are spread out over multiple cities.

    Tokyo tops the list with 461,000 millionaires, while New York ranks second with 389,000 millionaires. London came in third with 281,000. Millionaires are defined as individuals with $1 million or more in assets.

    The ranking is slightly different when it comes to multi-millionaires, or individuals with more than $30 million, with London topping the list, followed by Tokyo and Singapore, FT Alphaville notes.

    The United States has the most millionaires, followed by Japan and Germany. However, China may snag the second spot by 2020.

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  • Not since Mitt Romney opted to very-publicly write off 47 per cent of the electorate, has a leading figure self-inflicted such a boneheaded injury. And while it's probably a stretch to call Abercrombie & Fitch CEO Mike Jeffries a leading figure, certainly his brand is universally known; even more so now that his remarks about fat women and uncool kids have very prominently surfaced.

    In fairness to Jeffries, the comments date back to a 2006 interview he gave with Salon, where he made clear distinctions between the various market segments that might gravitate to Abercrombie & Fitch’s latest lines. Every CEO thin slices his customer base, and markets accordingly, so there’s nothing unusual there. Even his views would be OK, or at least somewhat understandable, if they had been confined to his boardroom.

    But what was most definitely uncool was declaring in an interview that: “A lot of people don’t belong [in our clothes], and they can’t belong. Are we exclusionary? Absolutely”. The people he

    Read More »from Abercrombie & Fitch CEO Mike Jeffries’s big fat mistake
  • Can Target tackle Canada’s West?

    Target mania arrived in Victoria, B.C. this week. I know this because of the hoots and cheers as shoppers entered the store. I know this because of the traffic jam that drove one driver mad enough to flip me the middle finger.

    Thankfully, that's not all I got out of my hour-long trip to this Target store, one of 22 that opened on Tuesday in British Columbia, Alberta and Manitoba, many of which saw some 200 shoppers flood the stores within five minutes of opening.

    Rather, in B.C.'s capital, under the bright fluorescent lights shoppers exuded excitement as they strolled the sprawling 122,000, square-foot discount store.

    "They have some nice merchandise," one woman said, while shopping in the apparel section. "I'm just here for the visuals," another said to her friend. "Everything today is free," an older man said to his wife, to which she replied: "It's hard to see the price tag, isn't it?" Fewer are the days of mass protests against the big-box store.

    Julia Chenowith, 29, said she spent

    Read More »from Can Target tackle Canada’s West?

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