Giving Compass' Take:
- Allyson Kapin explains that both founders and investors must work to address the diversity problem within the tech industry and commit to concrete steps on fixing the issue.
- How can you support efforts to build a more diverse tech workforce?
- Read the STEM Education guide for donors.
What is Giving Compass?
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The tech sector is hampered by unconscious biases that distort perceptions. And it’s a big problem. Tech will continue to lose top talent if we don’t make significant progress in changing the ratios. According to LinkedIn’s research, only 28% of software engineers are women, and that number has only gone up 3% over 15 years. Even worse, women in leadership roles has risen a measly 2.3%.
Here are eight ways founders, investors, and engineers can start shaking things up to fix tech’s diversity and inclusion problems.
For Founders:
- Think of diversity from the start. Sarah Kunst, the founder of Proday, recommends using the “mirror rule”: Making sure that people you bring on–employees, service providers, etc.–don’t always look like you.
- Address unconscious bias in your hiring. Another hiring bias is prioritizing top engineering schools as recruitment pools.
- Untap understanding of consumer needs with diverse engineering teams. To ensure products and services have wide appeal, get input from people who reflect the full range of end users.
- Track and encourage your promotions. “Individually encourage all women and underrepresented minorities in your organization to go for a promotion."
For Investors:
- Increase the percentage of women and people of color making investment decisions. Just as we must diversify the tech workforce, we must also change the face of investment
- Increase ROI by devoting a percentage of your investments to fund inclusive startups. Greater representation isn’t about charity or fairness. It’s about understanding consumer needs and generating profits.
For Engineers:
- Advocate internally to recruit and retain more diverse teams.
- Expose yourself to different perspectives.
Read the full article about making real progress on tech's diversity problem by Allyson Kapin at Fast Company.