How could the world’s most innovative region be so backward?
According to a recent study published by the University of California, Davis, women earn 40% of advanced business degrees, yet they hold a mere tenth of California’s top corporate positions.
In the bay area, we have the best and the worst - San Francisco with 16% and Santa Clara County’s technology firms a pitiful 8% of corporate positions held by women.
Studies suggest women executives are better risk takers and improve profitability. So why does the glass ceiling still impede technology companies?
There are exceptions – HP is one - but overall, the epicenter of innovation does women a disservice, and fails to make best use of our entire workforce.
It’s time for Silicon Valley to bust up the boys club, and to appreciate and profit from gender diversity.
Find a permanent link to this editorial here.