In her answer to a question on Quora, Lucy Sanders, CEO and Co-founder of the National Center for Women & Information Technology (NCWIT) said that “gender-balanced and gender-diverse technology organizations and departments perform better financially, particularly when women occupy a significant proportion of top management positions.”
She added that such diverse technology organizations also show superior team dynamics and productivity, produce work on schedule and under budget, and demonstrate improved employee performance.
For a comprehensive review of current research on gender-diverse teams, see “What is the Impact of Gender Diversity on Technology Business Performance?”
Gender diversity is also needed to expand the qualified employee pool. According to a U.S. Department of Labor estimate, by 2026 there will be close to 3.5 million computing-related jobs openings available in U.S and only 17 percent of those jobs can be filled with U.S. computing bachelor’s degree holders. It is apparent that the industry is failing to attract talents.
Sanders added that gender diversity also supports equity. Having more people from diverse backgrounds take part in the creation of technology that plays an increasingly important role in almost everyone’s lives can reduce gender and racial economic inequalities.
Even non-IT jobs now require deep knowledge of computing as well. That’s why being a computing major or minor is a versatile skill set with wide applications and important in the current information economy.
According to Sanders, since most companies provide products and services to a variety of people, it makes sense that they have a variety of intelligent, skilled people working on the products and services they offer.