There are always challenges when you try to break into any industry. The tech world is no different. In fact, it might be one of the most challenging industries to enter as a newcomer in today’s digital age. However, this makes it all the more exciting! If you’re someone who thrives on solving problems and isn’t afraid of a challenge, then read on to see if tech world might be the perfect place for you. There are many awesome things about this industry, but there is also a big problem that we need to address sooner rather than later. If you’re curious about what that problem is, keep reading!
The Biggest Problem in the Tech Industry
There are a lot of amazing challenges and opportunities in the tech world, and there is no doubt that this is an industry that is growing fast. In fact, it is projected to be among the top 5 largest industries in the world by 2022, with an estimated value of around $11 trillion! But there is one problem that is plaguing this industry, and that is a lack of diversity. It’s clear that this problem needs to be addressed as soon as possible, or else it could become an even bigger issue in the coming years.
Lack of Diversity in the Tech World
When you hear the term “tech world”, you might automatically think of startups and Silicon Valley. In these fields, diversity is definitely a problem. According to Code.org, only around 6.5% of computer science graduates are women. In the startup world, the problem is even bigger: only 3% of the startups that get funded have female founders, and only 1% of venture capital firms have female partners. At the same time, less than 10% of executives at Silicon Valley companies are women.
Why is Diversity so Important?
There are many reasons why this lack of diversity is so problematic. First and foremost, it’s important because we live in a global, multicultural society where different people bring different perspectives to the table. Therefore, it makes sense that tech companies should reflect the global population by providing opportunities for everyone, regardless of race, ethnicity, gender, or social class. However, there are other important reasons why diversity is so important. For example, companies with a diverse team make 16% more money than companies with a less diverse team. At the same time, they also have a 35% lower rate of employee turnover.
How to Fix This: By Educating Youth
The best way to solve this problem is by educating youth and making sure that they have the same opportunities and tools to get into this industry that everyone else has. To do this, tech companies and organizations need to do a few things. First and foremost, they need to reach out to youth in high school and college and mentor them to get them interested in this field. Also, they need to reach out to minority high school and college students and provide them with support and resources to get into this field.
By Having Stronger Women Leaders in Tech Organizations
Another way to solve this problem is by having stronger female leaders in the organizations that are already in the tech industry. This can be done by promoting women internally, but also by promoting them externally. By promoting internally, we mean that large tech companies need to promote women internally and give them more leadership roles. By promoting externally, we mean that these companies need to reach out to women outside their organizations and promote them for leadership and executive positions. By doing these two things, tech companies can show that they are strong supporters of women leaders, which will show other women that this is an industry for them, too.
By Promoting Awareness and By Telling Youths’ Stories
Finally, tech companies and organizations can address this problem by promoting awareness around the challenges that women and minority youth face in this field and by telling their stories. However, it’s important to do this properly, or it could actually have the opposite effect. By doing this, large tech organizations can show that they care about this problem, and they can also give advice on how to deal with it. This is the best way to let people know that they are not alone in this struggle and that they have people they can turn to for help.
As you can see, there is a problem in the tech world that needs to be addressed: a lack of diversity. This is an issue that needs to be solved as soon as possible, and there are many ways to do this. By reaching out to youth in high school and college and mentoring them, by having stronger female leaders in the organizations that are already in the tech industry, by promoting awareness around the challenges that women and minority youth face in this field, and by telling their stories, we can solve this problem and make tech an even more exciting industry for everyone.