The need for the presence of women in the technological world is not a thesis born out of feminist ideology. On the contrary. The tech industry needs to have more members of the fairer sex and this is a statistically proven reality.
Fun Fact: Did you know that 3 out of 4 companies with women in leadership positions see a 5 to 20% increase in profits?
This is stated in the report from the International Labor Organization (ILO) titled: “Women in Business and Management: The business case for change.” The survey involved 13,000 companies in 70 countries around the world.
However, there is still the question “Are women neglected in leadership positions in most industries, including technology? And today we will introduce you to Top Reasons We Need More Women in Tech according to ReadWrite.
High level of commitment in leadership roles
Women have strong communication skills and are genuinely concerned about the people they work with. They are empathetic, have emotional intelligence and create motivated work groups. The tech industry needs leaders who can connect with their teams through multiple channels and foster strong relationships.
Studies show that employees prefer women as directors because of their high level of empathy.
The Power of Women as Tech Consumers
According to a report from the HBR, women now control an astounding $20 trillion in annual consumer spending. Additionally, women outnumber men on major social networking sites. That indicates their strong presence and influence in the digital realm.
However, it is noteworthy that men predominantly dominate the development and design of these products, according to Brave Achievers.
Closing the Wage Gap
Although there has been some progress in closing the gender pay gap globally, this remains a sensitive issue as women are paid less.
According to the World Economic Forum, it will take 118 years to close this gap. One of the factors contributing to this gap is the under-representation of women in the technology industry.
Increasing women’s representation in the tech industry not only promotes gender equality, but also catalyzes economic growth and prosperity.
Women Excel as Leaders More Than Men
According to a research report published by the Harvard Business Review, women have been proven to outshine men in inspiring and motivating others.
But why do women have this advantage to motivate and inspire others better than men? Women are able to connect with their team members on a deeper level, understand their aspirations and provide the support and guidance they need to thrive.
Women insist on building rapport with team members. This sense of belonging that they foster is very important in motivating people to reach their full potential.
Overcoming challenges and promoting women’s participation
One of the biggest challenges relates to the gender biases and stereotypes that persist in the industry. The truth is that women often face unconscious biases during hiring processes, career advancement opportunities and in the workplace.
Few women in technology feel like they are the only ones; therefore, in some cases, prejudice may happen due to the lack of more women around. This bias can limit their access to leadership positions and hinder their professional advancement.