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Why is diversity in tech important?
Why is diversity in tech important?
You may be wondering why diversity in tech is so important. There are moral reasons, such as increased equality, for emphasizing diversity in tech. However, there are also important business reasons for promoting diversity in the workplace.
When a company has a diverse workforce, they can understand their customers better. Consumers today have higher expectations of products and services that meet their specific, and diverse, needs and preferences. At the same time, employees have higher expectations for workplaces that are inclusive of their needs and value the diverse perspectives, skills, and experiences they bring to the table.
The world itself is overflowing with diversity. Without diversity in tech, our tech-based world can’t tap into the full range and richness of that diversity.
You may be wondering why diversity in tech is so important. There are moral reasons, such as increased equality, for emphasizing diversity in tech. However, there are also important business reasons for promoting diversity in the workplace.
When a company has a diverse workforce, they can understand their customers better. Consumers today have higher expectations of products and services that meet their specific, and diverse, needs and preferences. At the same time, employees have higher expectations for workplaces that are inclusive of their needs and value the diverse perspectives, skills, and experiences they bring to the table.
The world itself is overflowing with diversity. Without diversity in tech, our tech-based world can’t tap into the full range and richness of that diversity.
There are many examples of companies who have created products without input from women or people of color. This is bad for business. Women alone, for example, control about $20 trillion in consumer spending. The most interesting part? Women report that they feel majorly underserved. This means there is a huge opportunity for companies who make diversity in tech a focus.
That isn’t to say that only women can create products for women, or that only Black people can create products for Black people. However, more representation from women will inevitably lead to better products for women. More representation from people of color will lead to products that better serve the needs of their respective communities.In addition, having a more diverse workforce means diverse opinions, backgrounds, and perspectives. With a team of diverse employees, you will have access to more creativity and wider skill sets. Plus, more diverse ideas for solving business problems, which will help your company grow.
Another incredible benefit of diversity in tech is simply having more talent to choose from. Many tech companies focus recruiting on traditionally-tech heavy metropolitan areas. The problem with focusing a hiring search on cities like San Francisco or New York City is it severely limits your options.
Companies who prioritize diversity in tech should widen their search across the United States. Many talented individuals have no desire to, or can’t afford, to live in traditionally tech-heavy cities. This means your company could be missing out on the very people who could bring incredible ideas, change, and growth to the company. In addition to these reasons, companies who have greater diversity in tech are shown to have more engaged employees and less turnover.
excerpt from BetterUP.com Maggie Wooll December 13, 2021
There are many examples of companies who have created products without input from women or people of color. This is bad for business. Women alone, for example, control about $20 trillion in consumer spending. The most interesting part? Women report that they feel majorly underserved. This means there is a huge opportunity for companies who make diversity in tech a focus.
That isn’t to say that only women can create products for women, or that only Black people can create products for Black people. However, more representation from women will inevitably lead to better products for women. More representation from people of color will lead to products that better serve the needs of their respective communities.In addition, having a more diverse workforce means diverse opinions, backgrounds, and perspectives. With a team of diverse employees, you will have access to more creativity and wider skill sets. Plus, more diverse ideas for solving business problems, which will help your company grow.
Another incredible benefit of diversity in tech is simply having more talent to choose from. Many tech companies focus recruiting on traditionally-tech heavy metropolitan areas. The problem with focusing a hiring search on cities like San Francisco or New York City is it severely limits your options.
Companies who prioritize diversity in tech should widen their search across the United States. Many talented individuals have no desire to, or can’t afford, to live in traditionally tech-heavy cities. This means your company could be missing out on the very people who could bring incredible ideas, change, and growth to the company. In addition to these reasons, companies who have greater diversity in tech are shown to have more engaged employees and less turnover.
excerpt from BetterUP.com Maggie Wooll December 13, 2021
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