True Champion of Diversity, Equity & Inclusion in Tech?

Posted 13/1/2022 by Yemi Jackson
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Is your organisation moving to a skill-based approach on Diversity, Equity and Inclusion? Would you like to make your workforce more innovative, engaged, agile and productive?

Boosting the diversity and inclusion of your workforce isn’t just the right thing to do, but can also have positive effects on meeting the goals of the business, customer satisfaction, employee satisfaction and last but not least retention.

Improving DEI without doubt should be at the top of any boardroom agenda in any business. This is even more so the case in a post-COVID world, where the corporate landscape is going through significant changes mainly due to the pandemic, but other cultural, economic and social factors are at play.

The Great Resignation that is currently going on creates costly workforce turnovers that could devastate both small and large businesses. This makes it even more important to focus on improving the diversity and inclusion in the workplace, why?

Because traditional approaches are no longer fit for purpose for organisational diversity and inclusion.

The UK’s technology industry is a booming one. The tech sector in the UK sets a new record year after start-ups attract more capital than ever before.

Figures prepared for the government's Digital Economy Council show some £29.4bn was raised by start-ups and scale-ups, making it the tech sector's best year since 2014.

COVID-19 created an incredible opening for tech companies with many areas of every day life forced to move online. Working from home has been broadly adopted and is a major factor in the Great Resignation. E-commerce, remote learning, social media and apps have exploded. These are areas where women have an innate advantage.

All the ingredients are there for the UK to become the leading tech ecosystem in the world, with record levels of research and development, financing and established tech hubs across the country from Cambridge to Edinburgh, Manchester and New Palo Alto in Kings Cross."

Other cities outside London supporting start-ups and proving particularly strong in building a tech economy include Bristol, Leeds, Newcastle and Belfast.

(Rankings supplied by Dealroom on a combination of venture capital raised, tech jobs available, tech salaries and the number of companies valued at more than $1bn with their headquarters there.)

We can see that around 80% of tech investment in the UK is in fast-growing businesses, yet women are missing out on this entrepreneurial success, making up just 17% of IT specialists in the UK.

There has been some good news shared this year regarding the end of all-male boards in the FTSE 350 but there is still a long way to go and with the tech sector expanding at a rapid pace, it is imperative that it begins to mirror the people whom it serves. All people.

 

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