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Big data is on the rise, and it’s changing the way that businesses and teams operate. However, many organizations are finding that they must overcome barriers to diversity and inclusion to successfully implement the technology. In fact, business leaders have found that a non-inclusive corporate culture is an impediment to acquiring the maximum value from the technology. Enterprises that fail to foster a corporate culture that supports inclusion have found a challenge in maintaining team cohesiveness, communicating effectively among business units and quantifying a return on technology investments. The problems didn’t arise due to technical issues, but were caused by the firms’ inability to foster team collaboration and rapport.
At some of America’s largest companies, such as GE, JP Morgan and Farmers Insurance, women executives are leading organizations in technological and cultural change. Additionally, they are leading the way in inclusion and diversity. In executive suites across the nation, women are being called on to oversee teams with compassion and empathy. In this capacity, women executives have proven invaluable. As a result, business leaders are increasingly calling on women executives to guide organizations through cultural changes that support diversity and inclusion. In doing so, the female executives shape the important functions that help business extract the most value from big data initiatives. Quite often, women executives take on these responsibilities in the role of the Chief Data Officer (CDO). In 2012, women represented only 12-percent of top technology executives. As of 2017, women account for 55.9-percent of CDOs.
Overcoming Workplace Gender Bias
Women have experienced frustration with the fact that, despite their comparable business acumen, men have historically claimed more significant career roles and salaries. However, evolving technologies are slowly closing the gender gap. Additionally, more women are pursuing MBA learning paths to enhance their career skills and job opportunities. Now, evolving technologies are creating opportunities for women to take the lead in the corporate realm. In fact, as of 2014 women own 30-percent of all United States firms, which amounts to 9.1 million businesses.
While the average salary for women has increased since the 70’s, there’s still a large pay disparity between men and women. However, technology is changing this. It’s a career field with great potential for women to succeed and serve as organizational leaders.
Blazing a Path of Success in Technology Fields
Big data technology is creating more opportunities for women to become driving forces on the American business front, and more women are serving as technology leaders for a host of enterprises. Within these enterprises, top-level executives support that gender inclusion is vital for organizational success. Today’s executives also believe that their company’s data executive is the ideal candidate for leading cultural change that supports diversity and inclusion.
To support women leaders in technology, organizations such as the Corinium host Data Divas Networking sessions. The global organization sponsors events at many locations around the world. Currently, the group is emphasizing the need for non-traditional skills and experience to lead enterprise data initiatives. It’s typically the Chief Data Officer (CDO) who assumes this role. Today’s CDOs need a combination of business acumen and communication skills to serve as a liaison between technical and non-technical business units. It’s this ability that allows effective CDOs to rally staff members as a team that supports corporate objectives.
A Promising Future for Aspiring C-Suite Women
One thing’s for sure, tech is not going away, and there’s a growing need for women to develop the necessary skills to compete in the tech field. Businesses are seeing the importance of great leadership and the need for fair gender inclusion. Implementing new strategies and management can help businesses succeed and grow along with technological advances. For the generation of future business women who’ve come up with the rise big data, the opportunity to deliver value with the technology might lead straight to the C-suite.
Women encompass half of the world’s population. However, their numbers are not reflected in technological fields and corporate boardrooms. Data science is one of the highest-ranking careers for employee satisfaction. Big data leadership opportunities can offer women a successful career path. Hopefully, positive career prospects and salaries will encourage more women to pursue prosperous technology careers.
Inspiration is everywhere for women. They need to look no further than the pioneering women who are blazing a path of success in the world’s technology and executive leadership roles. By following the example of great women leaders in technology, aspiring female executives might one day take on the role of empowering their coworkers and organizations.