[2024]Digital Global Overview Report 2024 Meltwater.pdf
Women in Tech Myths
1. STEP UP
to tackle the Myths
March 16th, 2015
Queens College, NYC
Women, Technology, & the Internet Culture
Anitha Raj
2. Welcome
• Anitha Raj Introduction
• State of Technology industry
• Women in Technology & Internet
Culture
• Myths Vs Facts
• Strategies to tackle them
• STEP UP
3. Anitha Raj Introduction
• Myth- Tech Industry gender gap
• Myth- no Education to work in tech
• Myth- Entrepreneurs are usually men
• Myth- Balancing work and family
• Myth- Traveling when you have kids
• Myth- Doing it all
4. State of Technology Industry
• By 2020= 1.4 million computer science jobs
• Women= 26% of the tech industry workforce
• Bachelor's degrees= 60% women/computer science= 12%
• Venture capital funding= 7% to women-owned businesses
• Professional women earn= 73 cents to the dollar vs. men
• Women= Lead adopters of technology (17%more)
• IOT= $1.7 Trillion value add by 2019 for Internet Of Things
5. Women in Technology Myths
Gender Myths
1. The childcare myth
2. The biology myth
3. The gender imbalance myth
6. Women in Technology Facts
• 17.4% or 87 -- Fortune 500 CIOs are women as of January 1, 2015
• Five of the top 10 companies on the Fortune list have female CIOs
• 24% of the top 100 companies have female CIOs
7. Women earn more degrees than men
60% of graduates in
the US are women
Source: Yale Global Online (2014)
8. Women make up over half the workforce
Women make up
57.2% workforce
Source: Bureau of Labor Statistics (2013)
9. Women have a lot of buying power!
Women make
73% of
consumer purchasing
decisions in the US
Women control
$12 trillion in
consumer spending
globally
Source: Corporate Counsel (2014)
10. Yet, few women are in boardrooms
20.6%
18.0%
16.6%
0% 20% 40% 60% 80% 100%
Fortune 100 Companies
Fortune 500 Companies
Fortune 1000 Companies
Percent of Board Seats Filled by Women in US in 2013
Women
Men
Source: 2020 Women on Boards, 2020 Gender Diversity Index, 2013
11. Smaller companies are less diverse
20.6%
18.0%
16.6%
0% 20% 40% 60% 80% 100%
Fortune 100 Companies
Fortune 500 Companies
Fortune 1000 Companies
Percent of Board Seats Filled by Women in US in 2013
Women
Men
Source: 2020 Women on Boards, 2020 Gender Diversity Index, 2013
14. Dysfunction - Board Dynamics
• Women say Not being heard and
listened to
• Women say Not being accepted as
an equal or “In” group
• Women say establishing credibility
• Men say because of weaker
networks and the old boys’ club
• Men say lack of experience and
industry knowledge
• Men say bias and prejudice
Harvard Business Report
15. Globally - Financial performance is better
Credit Suisse Report
• Share price
outperforms by
26% over 6 years
16. Strategies to STEP UP- Board
• Responsibility – Commit to creating gender balance
• Accountability – Measure the actions
• Authentic Leadership – Have quality tools & support
• Use Data – Collect data of career performance
17. Strategies to STEP UP- Maternity
• Egg-Freezing costs – Figure out if you really
want kids
• Surrogacy costs – Do you really need it?
• LGBT families - Using nontraditional means
• Maternity leave – How long?
18. Strategies to STEP UP- Managing
• Managing down not just up
• Mentor
• Sponsor
• Advisor