As International Women's Day 2020 approaches, Chief Technology Officer Genius Wong gives us the low-down on how different technology is empowering women across the...
Why entrepreneurship is key to breaking down barriers for women
3 mins read
Genius Wong, Executive Vice President – Core and Next-Gen Connectivity Services, and Chief Technology Officer, Tata Communications explores the power of entrepreneurship, professional development, and career progression to reduce the economic inequality between the genders – and how advancements in technology are assisting this.
Few societal forces have been more impactful at elevating individuals up the socio-economic ladder than entrepreneurship. Not only does it generate wealth and opportunity for individuals, but it also propels society forward – resulting in better products and services as well as accelerating economic growth and promoting social change. Increasingly, technology is providing a way for women in particular to climb this socio-economic ladder by placing power in their hands. This is why the theme for International Women’s Day this year was, 'DigitALL: Innovation and technology for gender equality'. The UN recognises that the widening digital gender gap is having a significant effect on the economic and social inequalities of the world. As such, ascertaining how technology and social initiatives can be used to improve the lives of women globally is the responsibility of every leader capable of instigating change. In this piece, I am going to explore the power of entrepreneurship, professional development, and career progression to reduce the economic inequality between the genders – and how advancements in technology are assisting this. Based on my experience, I will also share some details around the women Tata Communications empowered internationally as part of our Corporate Social Responsibility and other volunteering activities, as well as our work with the S.H.E (School of Hope and Empowerment) initiative and United Women Singapore, mentoring programme. Inclusive entrepreneurship Women have made great strides in the world of work over the past few decades. In many US cities for instance, women under the age of 30 are even earning more men than their age. And there are more female entrepreneurs, CEOs, and philanthropists than ever before.
While according to McKinsey, it is estimated that companies globally with three or more women in senior management functions score higher in all dimensions of organisational performance, showing just how important it is for business leaders to help drive gender equality. And this is how technology can help – it gives individuals the ability to take the power back into their own hands. As the UN puts it: “A gender-responsive approach to innovation, technology and digital education can increase the awareness of women and girls regarding their rights and civic engagement”. But for these efforts to adequately address inequality, it needs to be the right sort of technology specifically geared at achieving this aim. The more we empower women’s entrepreneurship and rid them of the shackles of sexism, the more we all win. And while this is a responsibility that falls on society, businesses have both the added responsibility and financial motivation to find creative ways to support these efforts. Using inspiration and education to drive social impact"The exclusion of women from the tech industry has cost the sector more than one trillion dollars, a number slated to rise to 1.5 trillion by 2025 if significant work isn’t done according to the UN Women’s Gender Snapshot 2022 report."
So, it’s each business’ responsibility to determine how they can do their part to address the issue. At Tata Communications, we have done through"Inequality isn’t just a societal ill, it is bad for business as well."


With ‘Women in Engineering Day’ on June 23 rd here’s an opportunity for all of us to encourage women to consider STEM careers and echo the great work women engineers are doing across the globe. Because when women win, the family, our community and the entire world wins. To learn more about our S.H.E initiative, click here."Ending inequality and empowering women needs to become a business priority for every organisation if we’re going to prosper as a society and overcome the big challenges on the horizon."
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