Big tech increasing women in leadership roles
Roughly one in four leadership positions at large global technology firms are expected to be held by women in 2022. Women in tech are gaining ground as the technology industry—or at least its largest players—makes slow but steady progress in shrinking its gender gap, and women in tech leadership are making the fastest advances, consultancy Deloitte Global says in a report.
Large global technology firms, on average, will reach nearly 33% overall female representation in their workforces in 2022, up slightly more than 2 percentage points from 2019, consultancy Deloitte Global predicts.
”Although the shares of women in technical and leadership roles have tended to lag the overall proportion of women by 8‒10 percentage points, they are increasing the most rapidly.”
”With a growing body of research suggesting that diverse teams perform better and are more innovative, many technology, media, & telecommunications (TMT) industry leaders are recognizing that diverse workforces and executive teams are good for business”, Deloitte says in a report.
According to the company’s estimates, women’s share in the overall global tech workforce has increased 6.9% from 2019 to 2022, while their share in technical roles has grown by 11.7%. The fastest growth—an estimated gain of nearly 20%—is in the proportion of women in leadership.
“We predict that roughly one in four leadership roles at large global tech firms will be held by women in 2022, representing a rise of more than 4 percentage points since 2019. And in North America, the TMT industry now has one of the highest percentages of women on boards (second only to the consumer industry): 25% of board seats are held by women, up from 17.4% in 2018—helped by board diversity legislation in states with a high proportion of TMT companies, such as California and Washington.”
The report stresses that many tech companies still have much work ahead to diversify their ranks and embrace a greater range of perspectives.
“Improving gender and other diversity should inspire the same kind of leadership commitment and strategic focus that underlies other critical organizational initiatives.”
The report says it’s critical for tech companies to identify diversity metrics, report results, and track progress.
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