The State of Female Tech Talent in Europe Margaret Adam Snr Program Director IDC Channels Alliances amp Ecosystems madamidc UKs digital technology sector actually grew 26 X quicker than the rest of the economy between 2016 and 2017 While UK GDP expansion staggered at around 18 di ID: 764645
Download Presentation The PPT/PDF document "The State of Female Tech" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
The State of Female Tech Talent in Europe Margaret Adam, Snr Program DirectorIDC Channels, Alliances & Ecosystems@madam_idc
UK’s digital technology sector actually grew 2.6 X quicker than the rest of the economy between 2016 and 2017. While UK GDP expansion staggered at around 1.8%, digital tech companies’ turnover grew by 4.5% over the same period “ www.consultancy.co.uk (2018 Tech Nation Report)
$231B In 2019 , European organizations will spend On DX technologies & services Source: IDC Digital Transformation Spending Guide, 2017H2
Q: Is Digital Transformation a priority for your organization? DX and the IT Decision Maker Source IDC: DX Executive Sentiment Survey, 2018 – Western Europe (n=398)
Source: IDC, European Digital Transformation Maturity Model Benchmark, 2017; n=403, May 2017 But…more than half are stuck (the “DX Deadlock”) 55%
Talent We do not have enough people with the right skills Culture We do not have the innovation culture to bring to scale Legacy Systems We have legacy systems to support Barriers to change
The problem the sector is presently facing is the major obstacle of sourcing talent… “ www.consultancy.co.uk (2018 Tech Nation Report)
…a paradoxical conundrum considering tech firms are also being spoken about as a means for other sectors to offset this issue. “ www.consultancy.co.uk (2018 Tech Nation Report)
57% Want to make better use of external providers to get access to the right skills 11% Only want to use internal resources for their digital transformation
DX and the Channel? Source IDC: DX Executive Sentiment Survey, 2018 – Western Europe (n=398)
48% Of WE channel agree DX is a key part of their corporate strategy
42% Think its just a hype
38% Are unsure what real opportunities DX creates for their business
If they’re unsure, they’re just not going to transform Source IDC: DX Executive Sentiment Survey, 2018 – Western Europe (n=398)
15 © IDC Low Maturity of cloud strategy High The Channel Maturity Gap 2018 Customer Partner Source: IDC’s European CloudView Survey , 2018 (n = 1,350), Western Europe Channels and Alliances Survey , 2018 (n = 302) 01 02 03 04 05 00 43% 57% 64% 36%
They are investing…. but…
The perfect storm?
When 50% of the population is massively underrepresented in a high-growth employment sector, this becomes an issue of economic viability . “ Michelle Bailey, GVP IDC
Diversity = Good Business Sense
Women in Technology The Outrageous Opportunity for Parity, Innovation and Profit Gender diversity goals of IT organizations are MEDIOCRE GOALS = MEDIOCRE OUTCOMES Mentoring programs and pay equity policies ARE CRITICAL IN THE SHORT TERM The Gender Gap NEEDS MEN TO CLOSE IT
Entrepreneurs Talent Leaders
Companies with all male founding teams raise 91% of all VC investment in the UK “ Beauhurst
In 2017, just 17% of companies globally had a female founder, that number hasn’t changed in 5 years “ Crunchbase
Entrepreneurs Talent Leaders
Women represent just 19% of the digital tech workforce in the UK, as opposed to 49% across all jobs “ 2018 Tech Nation Report
Q: Does your organization have gender diversity goals or targets as part of its overall corporate agenda to increase the number of women in its employee ranks? Q: What is your organization’s gender diversity goals or targets? Source: IDC’s Women in Technology Survey, May 2018, n=1120 Diversity Goals & Strategies are Falling Short Source: IDC’s Women in Technology Survey, May 2018, n=1120 65% of companies have NO diversity goals in place Of those, the majority focus on improving participation not true equality MEDIOCRE OBJECTIVES = MEDIOCRE OUTCOMES
Source: IDC’s Women in Technology Survey, May 2018, n=1120 Q: Please rate your level of agreement with the following statements based on what you have seen or heard at your organization. Source: IDC’s Women in Technology Survey, May 2018 Unconscious Bias is Real Source: IDC’s Women in Technology Survey, May 2018, n=1120 Men and women differ significantly on every statement regarding gender diversity, inequality & equal pay except for: A lack of quality female candidates for STEM roles
Entrepreneurs Talent Leaders
Only one in six tech specialists in the UK are women .. only one in ten are IT leaders “ www.womenintech.co.uk
How do we tackle this? GETTING THEM TO STEP UP OPPORTUNITY VS READINESS CREATING A SUPPORTIVE ENVIRONMENT
Four Generations of (Global) Workers Together
Bringing calm to the storm
Diversity in experience, skills, and insights will be an essential competitive advantage in building strategy, engaging with customers, and uncovering new opportunities. “ Michelle Bailey, GVP IDC
This is the message…. To the 52% of the channel for which DX is not yet a priority, F or the 65% of companies who don’t have diversity goals in place, F or the male peers and leaders who don’t really believe we have an issue… “
Addressing diversity is not only about fixing historical inequality issues, Real change is essential to the future viability and sustainability of your organization and, to the continued growth of the tech industry as a whole “ Margaret Adam, IDC
3 Best Practices Push for bolder goals, tied to business performance & incentives to affect REAL CHANGE Centralize diversity mandates & initiatives, backing from the C-Suite is critical Stop guarding equity gaps, start sharing objectives Be bold Be committed Be transparent
Mediocrity is just so last season…
@ madam_idc Thank you!
How does your company compare on the mediocrity scale? Yes / No / Unsure My employer/company is transparent in sharing data which shows diversity issues My employer/company is transparent in sharing data which shows pay equity issues My employer/company shares future goals for hiring to address diversity issues My employer/company is undertaking compensation reviews to address pay equity issues My employer/company believes improved diversity will lead to better business outcomes