Can Female CEOs Make Technology Business More Profitable?

Women taking key seats in the upper echelons of business have become commonplace. Now, more than ever, the increase in the number of women in a male-dominated industry is important. Proving this trend, more and […]

Women taking key seats in the upper echelons of business have become commonplace. Now, more than ever, the increase in the number of women in a male-dominated industry is important. Proving this trend, more and more women workers are now making it a global company. Women have been assigned – as engineers, as consultants, and more generally today, as CEOs of global companies that focus on technology.

Female CEOs

The most interesting recent appointment in the technology community is from Virginia “Ginni” Rometty, the first IBM female CEO, one of the largest technology companies in the world to date. Before becoming CEO, 54-year-old Rometty was the honorary head of IBM Sales and Marketing which is highly credited for his leadership in international business marketing and the company’s global strategy, and his contribution to IBM’s revenue in 2010, which exceeded $ 99 billion.

Just a few weeks ago, Hewlett-Packard Co. chose Meg Whitman as CEO. In October, Mylan Pharmaceuticals’ selection for Heather Bresch as CEO had set a new record on the number of Fortune 500 female CEOs, with 18 women holding top positions in the company.

Can Female CEOs Make Technology Business More Profitable?

In an interview with The Grindstone, an online publication aimed at and featuring women, Laura Yecies, CEO of online synchronization, file sharing, and backup service provider SugarSync, believes gender “is a neutral factor” to be successful in male domination. business landscape.

Although the application of business strategies and software opens up great opportunities for his company, Yecies designs strategies for self-empowerment, consciously enhances his career by obtaining further education degrees, seizing leadership opportunities, and gaining as much experience in the field as possible.

Gender Diversity

Meanwhile, “gender diversity” between male and female employees in the workplace, in general, remains broad, with women still struggling to mentor and for the same pay. Watermarks CEO Marilyn Nagel has revealed that there are a number of women leaders in the technology industry mainly because the technology business is not interested in structuring women’s leadership pipelines. As a result, not many women move up the stairs as fast as men, proving the latter’s control of the corridors of business power.

Inherent Characteristics of Women

Citing expert opinion, USA Today underscores that when it comes to company management, the trend is to get employees who follow certain “sanctioned behaviors” – which often translates to “aggressive, unrestricted, and direct behavior” that is usually exhibited by men and because it’s getting shot up the corporate ladder. Women, in general, have also been found to be “risk-averse” than most men. These inherent characteristics of women may prove useful in the decision-making process which involves cutting costs, reducing debt and saving money.

Leadership Entirely Related to the Person

While the decision to direct female technology giant gets attention, the sample size of female CEOs may not be enough to draw conclusions, and linking performance with gender also proves to be unfounded. The Chicago Sun-Times might have stated it correctly: good corporate leadership may be entirely related to that person, and it has nothing to do with gender if any.