"I think the biggest issue facing diversity at the moment is actually the growth of technology and the fact that this is the industry with the worst representation of women.'"
These words, spoken by Camilla Cooke, CMO of Xinja, at Hotwire Australia's 'F In Fintech' event last year, ring true. The technology industry is by far one of the biggest contributors to our economy given the role it plays in all industries, yet it is dominated by men and we only have our negligence to blame. Negligence to nurture young female talent in STEM fields and to support them in their careers is one of the industry's primary failures to date.
Gender diversity in the workforce is not only a moral and social concern but a major economic hurdle. When you think about it, women comprise roughly half of the global population, yet are not empowered enough to reach their full economic potential. So, what does that do for global GDP? Not much.
In fact, management consulting firm McKinsey&Company predict that by 2025, the global GDP could be boosted by $12 trillion by advancing women's equality.
So, not only does gender equality enable diversity in thought and innovation across industries—it's a global economic imperative too.
But even after years and years of trying to make women equal to men in the workforce, we're still a far cry from reaching total gender parity. How is this so?
Join Hotwire Australia this Tuesday, April 9, for an evening of lively debate where some of Australia's most influential leaders in the technology industry will dissect the issues and challenges of diversity.
Click the link to register for your free ticket. This event will sell out! https://www.eventbrite.com.au/e/diversity-matters-hosted-by-hotwire-and-medicaldirector-tickets-56959746134
There is consistent debate in the Australian technology sector around the need for greater diversity, particularly gender diversity, across the industry to drive innovative thinking and stronger bottom line financial results.