CA corporates with a healthy representation of people from different communities, religions and a balance of both the genders are likely to make the best bang. A report tells that the companies with more women on board had 42% better return on sales, 53% better return on equity and 66% bigger return on the invested capital [Catalyst].
Another report by Credit Suisse Research Institute informs that the larger companies had a more proportion of women directors. A deal of this trend is down to the fact that women tend to be more patient and tender towards the peers [Link].
Diversity and inclusion are the buzzwords in the corporate field and of late, there’s been a lot of talk about recruiting more women, especially in Tech companies. An observation by an economist Guy Berger at LinkedIn reveals that the technology industry has hired the most women between 2008 and 2016, the overall percentage increase being 24.4% [Article]. Facebook COO Sheryl Sandberg has been consecutively winning the title of ‘the most powerful woman in technology’ since 2011. The leading lady acquired the 7th position in the Forbes’ 100 Most Powerful Women list. YouTube’s CEO Susan Wojcicki is a close successor at the number 8 position highlighting the fact that any woman is just as competent as a man, given the autonomy to chase her ideas.
We are moving towards a work culture of equal representation and shared responsibilities. IBM and HP both have women CEOs on the panel and the companies flourish well through the guidance of their Chief Executive Officers namely Meg Whitman and Virginia “Ginni” Rometty, respectively. The leader of e-commerce in China and a major player in the world market, Alibaba as well is co-founded by Lucy Peng. The industry which is becoming the favorite destination of high school graders is showing a positive trend by adapting to the demand of women leadership. For women starting to make a career in tech, the road is not a cakewalk, but it has surely gotten much better than how it was a decade back.
It is as important to be in one’s own skin, as is to adapt to the needs of the company. Just like the software language changes, the work environment has also improved, and just like the technologies and software, it has upgraded exceptionally. Since the industry favors the best, it is time for the working women in tech to speak up and be heard. Time to not rely on the previous trends, but connect the dots and shape the future.