In the World of Technology, Women’s Leadership is the Most Important One

World of Technology

World of TechnologyWith changes in social values, access to education, and people starting families later in life, the barriers for women have been broken down considerably. This being said, women are still expected, if not required, to exemplify several qualities if they wish to make their mark in business or entrepreneurship. Out of all these qualities, women’s leadership is the most important one. Women who demonstrate the ability to be strong leaders are more likely to enjoy a successful career in business than those who do not. And, fortunately, many women are finding their way through the many obstacles placed in their way.

Increasing the representation of women in leadership roles takes more than just recruiting efforts it starts with fostering an inclusive culture and improving access and opportunity for growth and advancement.

Women have valuable insights when it comes to devising products or services that better serve female clients and customers. Research shows, however, that teams with even one woman come to feel the “point of pain” necessary to perceive new opportunities and act on them. For companies tasked with understanding female consumers, tapping women improve the likelihood of their success by 144%. Having women among the firm’s innovators is a huge step. Women’s ideas can be translated into marketable products or services with leadership backing them.

Asian companies are implementing change management combining the empowerment of women and a boost in profits. In doing that, they are recognizing what research has been telling us for a while: investing in women is good business. Enhancing women´s economic participation generates higher returns for economies, and indisputably improves the lives of everyone in a community.

Women in the key decision and innovation positions deliver steadfast organizational transformation. Beyond the obvious impact of role-modeling that elicits women´s higher aspirations are the ‘flywheel effect’ that a shift in dynamics creates. Studies have shown that the conversation changes significantly with a critical mass of women in boardrooms bringing with them fresh perspectives on proactive collaboration and innovative problem-solving.

 

Technology Traits and Key Barriers

Technology is a space that men dominated for a long time. From the cultural belief that Computer Science is a ‘subject for boys’ to the assumption and discrimination that women experience in the field, it can be challenging for women at every stage of their careers to thrive in tech. Nevertheless, many high-performing women persist and succeed as leaders despite the gender biases pitted against them. In 2019, 29% of senior management roles were held by women, which is the highest number on record, and 87% of global businesses had at least one woman to fill leadership roles in technology and innovation. Women are naturally empathetic and can contextually apply emotional intelligence to manage people effectively. This explains why women leaders across the world have demonstrated their abilities to build a safe, open, and conducive work environment. At the same time, research has found that female directors tend to be less conformist and more likely to express their independent views than male directors because they do not belong to old-boy networks, which in turn reflects when the organization makes strategic decisions.

Some of the key barriers for women that still need to be addressed are old stereotypes, fewer connections, bias and discrimination, and lack of flexibility, according to AAUW. While these are some of the well-known sloppy grounds, women at higher positions also face unspoken challenges every day. For them, getting recognition for the position, being heard at meetings, and being themselves without changing for the entity or the society is the primal achievement. Despite all the defiance, women in a lead role as trailblazers and innovators are chosen because they have a unique lens to their respective companies helping to push innovation forward by unleashing economic wealth as a result.