MANAGING in the

NEW WORLD

n spite of apparent progress by women and minorities in various spheres of life, their numbers at top IT firms is alarmingly low. There exists a mismatch between number of women graduating from IT courses in colleges in the USA with the number of jobs they hold down. Management consulting giant McKinsey says that the business world will potentially lose more than four trillion US dollars by the year 2025 if greater gender parity is not established. Some steps have been suggested in order to ensure greater diversity in technology companies. Diversity needs to be promoted as one of the parameters for talent recruitment. In order to develop and sustain innovation at the workplace it is essential to have diversity so that various kinds of ideas can bounce off at the place reflecting the variety of experiences or background. Startups led by women need to be supported by industry. None of these targets though will be met until specific targets are set with measurable metrics mentioned.

Source: http://www.cio.com/article/3098350/leadership-management/solutions-for-improving-diversity-in-tech.html

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