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Brianna White

Administrator
Staff member
Jul 30, 2019
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You’ve probably heard the idea that we cannot solve our problems with the same thinking we used to create them. It’s a compelling argument for why diversity is so crucial for innovation. Solving big, technical problems requires a new point of view—a multiplicity of new points of view, in fact. And we won’t get there unless we expand the universe of engineers from all backgrounds, including women.
Research from Columbia University found that “the more a firm’s strategy is focused on innovation, the more female representation in top management improves firm performance.” In their base case, they determined that a typical firm valued at $2.26 billion, when compared with a firm with female representation in top management, could expect an increase of $42 million in value.
Great Places to Work, the company behind Fortune’s well-known list, published research that concluded, “organizations in the top quartile for an inclusive innovation experience achieve 5.5 times the median year-over-year revenue growth compared to those in the lowest quartile.”
Varied studies (like this one and this one) report the percentage of women in computer and engineering fields. Their results land consistently in the high teens to mid-twenties. In other words, not enough.
Continue reading: https://www.fastcompany.com/90757098/getting-to-enough-encouraging-women-in-tech
 

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