There’s been a lot of negative press about the direction of female representation in tech — but is the situation really so dire? The Women in Cloud team investigated some of these trends, focusing on the positive and negative sides, so we could identify real opportunities for change. Here’s what we found.
1. Getting Women into C-Suite and Executive Roles
The Bad News: From 1995 to 2018, the percentage of female CEOs in Fortune 500 companies has risen from zero to 4.8%. Unfortunately, that number is down from 6.4% in 2017, and a McKinsey report found that men in executive roles are still more highly compensated than women. So, while there has been some growth on a longer timescale, we still have plenty to figure out.
The Good News: While significantly fewer businesses are run by women, those that are have experienced a lot of success. One study found that Fortune 500s with at least three women leaders saw a 66% return on investment (ROI). That means the numbers are on the side of representation. Continue reading: https://programminginsider.com/7-unexpected-trends-about-representation-of-women-in-the-cloud-and-ai-industry/
1. Getting Women into C-Suite and Executive Roles
The Bad News: From 1995 to 2018, the percentage of female CEOs in Fortune 500 companies has risen from zero to 4.8%. Unfortunately, that number is down from 6.4% in 2017, and a McKinsey report found that men in executive roles are still more highly compensated than women. So, while there has been some growth on a longer timescale, we still have plenty to figure out.
The Good News: While significantly fewer businesses are run by women, those that are have experienced a lot of success. One study found that Fortune 500s with at least three women leaders saw a 66% return on investment (ROI). That means the numbers are on the side of representation. Continue reading: https://programminginsider.com/7-unexpected-trends-about-representation-of-women-in-the-cloud-and-ai-industry/
