Tag Archives: Women in Tech

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Gender Diversity In Startups Might Be More Important Than You Thought

Did you know that while it is no secret that the tech startup community is lacking women, this gender imbalance may actually be impeding startups? David Cohen, founder and CEO of TechStars, delves into this topic and provides tips for combating gender disparity in this Wall Street Journal blog entry.

Cohen references a 2010 study completed by researchers from MIT, Carnegie Mellon University, and Union College on collective intelligence in groups. As Cohen points out, the study “found that groups with more women had a higher collective intelligence, which led to better group cooperation.” David also stresses the importance of creating a more balanced work team in stating, “This is not just a problem for women – it’s a big problem for all of us, because we’re missing out on immeasurable untapped talent, creativity and different points of view.”

Continue reading David’s post to learn more on his five tips that will help you create a more diverse startup culture. You can also learn more about related collective intelligence research from Christopher F. Chabris, a previous NCWIT Summit presenter, in his archived presentation titled, “Women and the Collective Intelligence of Human Groups.”

Source: NCWIT

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Is the Innotribe Startup Challenge For Me?

If you are reading this, thinking should I / shouldn’t I participate, then I want to challenge you, and flip it to say: why wouldn’t you?

The Innotribe Startup Challenge is free to enter, unlike other challenges. We don’t charge for companies to pitch, and it’s open to startups as well as more grown-up companies who are still under the radar. It’s dedicated to FinTech entrepreneurs, this means that the judges we recruit, the audience we attract are the people you needto reach as they know any idea coming out of Innotribe will be relevant to them.

So, what’s in it for me?

Feedback: during the selection process, your application form will be read by a team of judges, from investors, VC’s technologists and bankers, and they will give youfeedback on your pitch deck, how it can be improved, even if you don’t get selected. If one of the judges finds your idea interesting, they may choose to reach out to you and talk regardless of your ranking in the competition.

Exposure: if you make it through the selection process, you will be invited to one of our regional showcases, in London, Singapore or New York, to pitch your idea to a room of relevant people who will be assessing your presentation. Using the innotribe.com media channels, blogs, Twitter, and LinkedIn, we will expose your ideas to our 20,000+ followers, before, during and after the showcase.

Since Innotribe launched in 2009, we have seen over $350 million in investment, purchase and acquisition transactions for the Startups that have participated in our programme.

Coaching: We don’t throw you into the showcase cold. We have a team of coaches who will help you refine your pitch, before the showcase, to really connect with the audience, and to challenge you on your idea, in order to help you deliver a high quality pitch, which will be available on our YouTube channel.

Win the regional showcase, and we will be inviting you to come to Sibos, the biggest financial services conference in the world, organized by SWIFT. Here you will be pitching against the winners of the other regional showcases, in the Grand Finale, with exposure to the 5000+ financial decision makers who come to Sibos on a yearly basis. The networking opportunities on their own should be reason enough to sign up.

Cash Prize: Last but not least, should an early stage startup make it through the regional showcase, and win the Grand Finale, they will be awarded a cash prize of $50,000.

The Innotribe Startup Challenge gives your business the exposure it needs to take it to the next level, provides you with access to key financial decision makers, offers feedback and coaching from our highly experienced set of industry experts, and for the startups among you a shot at a big cash prize, all this for no fee.

To paraphrase kennedy, ask not what you can do for innotribe, but ask what innotribe can do for you and your business!

Sign-up at innotribestartup.com before 23rd February and be part of our 2014 journey!

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16 Traits of a Great IT Leader

Did you know, according to a recent article featured on CIO.com, while many great leaders share similar characteristics, it may take a more specific set of skills to succeed as a tech leader? Today’s IT leaders face a unique set of challenges in comparison to other corporate leaders, including the rate and pace of change, the massive integration of systems and processes, cybersecurity and privacy threats, and many others. Personal and professional development is therefore critical in the demanding IT field.

“While there are some things one cannot change about individuals, some leadership traits can be learned. There are very few people who are natural leaders – leadership is something people have to work at. Knowing what your shortcomings are, and recognizing them as such, is half the battle,” says Allan Boardman, International Vice President at ISACA.

The 16 traits in this article can help you become more successful in a technology career.

Source: NCWIT

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The Value of Gender and Racial Diversity in Tech

Diversity Expands The Qualified Employee Pool

The U.S. Bureau of Labor Statistics projects that by 2018, there will be a total of nearly 1.4 million computing-related jobs added in the U.S., an increase of 22% from 2008. That’s the good news. The bad news is that the number of people graduating from college with computer or information sciences degrees has been decreasing steadily since 2004. At this rate, fewer than one-third of the vacant computing jobs expected by 2018 could be filled by U.S. graduates with computing degrees. Increasingly, non-IT jobs require deep knowledge of computing as well. A computing major or minor provides a versatile skill set that crosses disciplines and is essential in today’s information economy.

Diversity Improves the Bottom Line

Technology companies with the highest representation of women in their senior management teams showed a higher return on equity than did those with fewer or no women in senior management. A recent study determined that racial and gender diversity were associated with increased sales revenue, more customers, and greater profits.

Diversity Enhances Innovation

Information technology informs all aspects of modern society. Incorporating women and people of color is vital to the future of technological innovation. When we bring a wider variety of people into IT, our innovation will be enhanced through the valuable contributions that diverse perspectives bring.

Diversity Promotes Equality

With technology playing an increasingly crucial role in all of our lives, having more people from different backgrounds participate in its creation break down gender and racial economic inequalities.

Source: NCWIT

Top 10 Ways Managers Can Retain Technical Women

Below are ten important recommendations supervisors can readily adopt to improve retention for all employees. They are particularly useful for retaining women and employees from underrepresented groups.

  1. Sponsor female employees and make their accomplishments visible

Sponsorship means advocating for employees and showcasing their work in the right places and with the right people. Research shows that women with sponsors are four times more likely to remain with a company than those without a sponsor.

  1. Encourage female employees to take on specific roles and challenges

More than 350 studies show that being a minority in a particular environment can significantly reduce confidence and risk-taking but that simple encouragement can be a big help. Never underestimate the power of simply saying, “You should take on this role or apply for this position” or “You did well on this project.”

  1. Ensure that your team recognizes a diversity of communication styles


Some employees have been raised to believe that it is immodest to “sing their own praises.” Talk with your team about the importance of listening to a range of communication styles — not just to team members who speak loudly or most often or who feel comfortable talking about their own accomplishments. Actively seek out the perspectives of quieter team members.

  1. Provide female employees with clear opportunities to demonstrate their technical abilities

Give female employees explicit responsibility for technical assignments with defined deliverables and expectations. This enables women to demonstrate clearly their technical abilities — something that research shows can be more difficult to do when one is a minority on a team.

  1. Ensure that female employees know “it’s not just about technical ability”

Sometimes employees believe that doing a great job is all that is needed to get ahead; however, employees also must be well-rounded in business acumen, company politics, and knowledge of the industry landscape. Communicate this early on and help female employees develop a plan that will enable them to do this.

  1. Provide early, ongoing, and specific feedback

Do not rely on vague assessments such as “you need to be more of a team player.” Make sure all feedback is specific, compares actual performance to expectations, and includes concrete examples of things that have been done well or need to be improved.

  1. Treat employees as individuals, not as representatives of a group


Avoid calling attention to employees on the basis of their gender, race/ethnicity, or disabilities. While it is important to remember that members of underrepresented groups can share some similar experiences, do not treat employees as “token representatives” who can speak for an entire identity group.

  1. Examine task assignments for patterns that subtly disadvantage female employees

Women are often assigned or feel compelled to take less visible assignments or execution rather than creative roles. Keep track of which employees get which roles. If patterns emerge, ask whether these patterns are based on actual ability or if they might be based on unconscious assumptions.1

  1. Ensure that performance evaluation instruments or processes are results-based and avoid unconscious biases

Use concrete examples to support all evaluative statements. Make sure that promotion and resource allocation policies do not unfairly penalize employees (e.g., for utilizing flextime, working from home).

  1. Track recruitment, retention, and advancement

Keep tabs on the demographics of candidates who are interviewed and who accept positions, as well as employees who stay, leave, are promoted, and receive pay raises. This information will help you identify how well you are meeting your goals and where improvement is needed.

6 Easy Ways To Drive Traffic to Your Website

Drive traffic to your website - It is vital to increasing your leads, filling your sales pipeline, and eventually converting leads into sales. But before you can begin the sales process, you need to get prospects to your website. Here are a few tried and true ways to drive more traffic to your website and realize those higher lead and sales goals.

1. Blog

We usually take to the internet when we’re looking for information, so having a blog does wonders for your website’s traffic. Focus on posting relevant, timely content that your audience will find informative and useful. To streamline the process, use a blog management platform that has things like blog subscription, article scheduling, and blog analytics configured for you.

Still not convinced? Companies with active blogs secure 67% more leads than their counterparts who lack blogs (Source: Social Media B2B). Jump on that bandwagon!

2. Use Video

Video engages people in a way that written and static visual content cannot. They get to engage with your brand in multiple ways – seeing, hearing, and even “feeling” your message through the emotions and thoughts provoked by your video. How does this translate into increased website traffic? Posts accompanied by video pull in 3 times the number of inbound links than text-only posts (Source: SEOmoz). Not to mention, 85% of U.S. Internet users watch video online (Source: comScore).

3. Create Something Worth Sharing

The best way to get people to take notice is to craft something worth sharing. This means visually attractive, informative, and, if possible, humorous content that people find useful. When your content is worth sharing, your audience does half the work for you, spreading it all over the web and grabbing new eyes to come check out what you have to offer. Attract more website traffic by creating solid content.

4. Utilize Social Sharing and Social Media

Social media is invaluable for connecting with your audience. It allows you to talk to your customers, but more importantly it allows them to talk back. Foster dialogue through social sharing and social media. Your audience is on Facebook, Twitter, LinkedIn, etc. – so shouldn’t you be? Plus, people love sharing. This sharing signals a stamp of approval and lets us know that ‘this is worth our time.’ Take advantage of your audience’s increased propensity to share information by being active on social media sites and enabling social sharing for all of your content, and by tacking on a link to your website. This will not only increase traffic to your website, but will also give your SEO a boost.

5. Utilize Calls to Action in PPC Ads and Landing Pages

The biggest mistake in sales: not asking for the sale. Similarly, you need to ask your prospects for something more. They can’t engage with you further if you don’t provide a next step. Utilize calls to action in your PPC ads and landing pages so that prospects have something to do: check out a free ebook (by providing your email), look at related content, etc.

6. Create Shareworthy Slideshare Presentations

Create slideshare presentations so good that others want to share. When you create rich, quality content that people share, it extends your reach online and drives prospects back to your website. It’s like casting a wider net to bring in a bigger catch. It also positions you as an expert in your field and gives SEO a leg up.

Harness the power of shareworthy content and timely information and watch your website traffic soar.

Article from ProjectEve