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The World’s Most Powerful Women In Tech 2016

The power of female leadership is often underplayed. But recent changes in our world has opened up more opportunities for women take the top helm. Recently, more and more countries have opened up to appointing or electing a female leader. Whether in politics, sciences, or business, women are getting a better chance in landing a top spot. But not always so in the world of technology.

In an industry said to be dominated by men like Timothy Sykes, finding a job in the field of finance and technology for women may seem quite daunting. Silicon Valley is still very much steered by men as only 18 percent of leadership positions are held by women according to a survey by the Equal Employment Opportunity Commission. The survey further stated that only 10 percent of women get the tech jobs in big tech companies.

But if given the chance, women who get to lead a tech company are able to generate 20 percent more revenue than male counterparts according to a Forbes report, while having a woman founder in a tech company resulted to 60 percent better performance when compared to an all-male one.

Here are some fine examples of women who have broken the gender barrier in the technology industry.

The World's Most Powerful Women In Tech 2016

The World’s Most Powerful Women In Tech 2016

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Melinda Gates (Co-founder, Bill and Melinda Gates Foundation)

She has helped the foundation generate more than US$37 million worth of donations to various causes like health and education.

Sheryl Sandberg (COO, Facebook)

under her leadership, the company reached a record-breaking revenue of US$3.69 billion in 2015 and an average of 1 billion users per day.

Susan Wojcicki (CEO, YouTube)

She leads the most popular video site on the internet which has a value of more than US$70 billion and gets more than a billion unique visitors a month.

Jen Fitzpatrick (VP, Google Maps)

One of the first female engineers in Google, she is now responsible for managing an app used by more than a billion people worldwide.

Marissa Mayer (CEO, Yahoo)

Also one of the first female employees in Google, she hoped to overturn the fate of Yahoo but now oversees the sale of the company to Verizon.

Meg Whitman (CEO, Hewlett-Packard)

Managed to increase eBay revenues from US$5.7 million to US$8 billion in a decade and now leads the US$52 billion tech giant.

Ginni Rometty (CEO, IBM)

A visionary promoting “cognitive computing”, she is steering the tech juggernaut as a new standard for today’s digital age despite incurring losses.

Ursula Burns (Chairman and CEO, Xerox)

Perhaps the only African-American female CEO in the industry, she drove the company’s earnings to US$18 billion.

Angela Ahrendts (SVP for Retail, Apple)

After saving a fashion house from going bust, she was hired by Apple as the first woman in the executive team of Tim Cook.

Ruth Porat (CFO, Alphabet)

Former Wall Street gladiator, she has moved from Morgan Stanley to manage the finances of one of the most profitable tech companies in the World.

References

  • http://www.forbes.com/power-women/
  • http://www.elle.com/culture/tech/a35725/women-in-tech-2016/
  • http://www.cbsnews.com/pictures/worlds-most-powerful-women/4/
  • https://techcrunch.com/2016/06/13/its-time-for-men-to-champion-women-in-tech/

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Tom Smallwood

Tom is a former accountant turned entrepreneur. He is not a financial adviser but does tend to give a lot of financial advice to his friends and colleagues. He currently runs a small online venture and blogs about his research and experiences.

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