Diversity seems to have taken a step back in the tech sector. Research shows the bottom-line benefits from women and a diverse workforce in software development.

Natalie Kaminski, CEO

August 31, 2023

5 Min Read
diverse group of people looking up in a circle
DerekMeijer via Alamy Stock

From improving customer experiences and enhancing security and boosting productivity, software development’s value is rising rapidly as its influence on business success grows. However, as the sector continues to experience obstacles -- from the impact of remote work to the war in Ukraine reducing access to talent -- a resurging danger is threatening a key component of the industry’s success today: diversity. 

Recent Big Tech layoffs have stirred panic throughout the industry, raising fears that the progress made in diversifying tech teams might be reversed. It’s a concern that unfortunately holds weight. It’s widely recognized that a diverse workforce is crucial for fostering innovation in software development, yet when it comes to the rise in layoffs this year, reports show that women are 65% more likely to be affected than men. 

As software development becomes increasingly critical across industries, it makes sense to capitalize on the immense capabilities that women bring to the tech space. But as the data above shows, we’re seeing a reversal in progress despite the known dangers of relying on non-diverse teams. This begs the question: why are non-diverse tech teams riskier now more than ever?

The Hidden Costs of Homogeneity

Diversity is no longer a buzzword, but a fundamental requirement for success. Homogeneous teams, with limited perspectives or dominated by a single gender, pose a significant threat to progress and innovation. 

Consider how a staggering 78% of global professionals with AI skills are male. This statistic not only perpetuates a lack of diversity, but also serves to shed light on how the gender gap in technology actually hampers the potential progress and innovation within software development. 

By excluding a significant portion of the population from AI development, which is already at risk of being impacted by bias, we limit the valuable perspectives, experiences and insights that can drive more impactful solutions. Moreover, this creates an echo chamber effect, where alternative viewpoints and critical analyses are diminished, leading to suboptimal decision-making processes and potential ethical pitfalls. This concern becomes especially pressing as AI infiltrates more aspects of our daily lives, from our careers and homes to community services, including police forces and the medical field.

However, bias is not the only cause for concern. Recent research shows that the ratio of women to men in tech roles has actually declined over the past 35 years, and half of the women who enter the tech industry leave it by the age of 35. This alarming trend can be attributed in large part to the lack of inclusivity for women in the tech landscape. 

Therefore, in an industry fueled by innovation, it’s crucial to foster an environment that embraces and celebrates differences. Ultimately, the repercussions of homogeneity transcend missed opportunities, posing significant risks to progress, fairness and societal impact in the realm of technology. To unlock the true potential of technology, we must actively foster an inclusive and diverse ecosystem. 

Empower the Next Generation of Software Developers

The intrinsic skills and traits that women bring to software development are often undervalued and overlooked, leading to a lack of recognition and advancement opportunities. Yet, women often bring unique perspectives, problem-solving approaches, and collaborative skills that are invaluable in software development.

For example, women’s innate talent for collaboration helps create a harmonious environment within development teams. Their ability to foster open communication, build relationships, and promote inclusivity cultivates a sense of trust and psychological safety within the team. Women often excel at creating a supportive atmosphere, encouraging team members to share ideas, collaborate and learn from one another. This approach helps in mitigating conflicts, enhancing problem-solving capabilities, and promoting a culture of continuous learning and improvement.

Furthermore, women’s attention to detail and empathy can enable them to design user-friendly interfaces and create inclusive, accessible software solutions. This is especially valuable in an era where user-centric design is paramount in every successful software launch. 

According to research linking character strength with business performance, CEOs who score highly for traits like compassion can earn a 9.35% average return on assets over two years. Additionally, studies show that code written by women tends to be approved at a higher rate than code written by men!

Being an Architect of Change

While tech companies have a responsibility to increase their focus on gender diversity, the truth is that it’s about more than just building equity. With the current instability in the tech sector, diverse perspectives are more crucial for success than ever. That is why it’s in tech’s best interests that organizations take actionable steps to dismantle assumptions about female leaders and support their entry into tech careers. 

One way this is achievable is through comprehensive diversity and inclusion initiatives. By establishing formal programs that focus on increasing diversity in the workplace, companies can actively foster an inclusive environment. With clear diversity goals and regular progress measurement, organizations can further ensure accountability and continuous improvement.

Moreover, fostering an inclusive culture requires long-term commitment and continuous effort at all levels. Organizations should consistently communicate their DE&I efforts and progress to stakeholders, as regular updates on diversity initiatives showcase transparency and reinforce the company’s dedication to creating an inclusive work environment.

It’s only when you build these inclusive work environments that you can foster incredible solutions through a wider range of ideas and approaches. Women’s representation in software development bridges the gender gap, inspiring future generations and creating a more equitable and diverse industry. By recognizing and harnessing their unique skills and perspectives, we can construct a more inclusive, creative, and user-centric industry that pushes the boundaries of technology. Together, we have the power to shape an advanced and inclusive future in software development.

About the Author(s)

Natalie Kaminski

CEO, JetRockets

With over 20 years of experience in the technology industry, Natalie Kaminski is a dynamic and resourceful web and mobile technology entrepreneur. She is currently the CEO and founder of JetRockets, which builds unique software solutions to help clients achieve their business goals.

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