Across all industry sectors, technology is radically disrupting business and the demand for technology talent is growing. At the same time, gender diversity is an increasing area of focus for the technology industry, and rightly so.
If gender diversity is not considered in the hiring and promotion process, it can have a significant and adverse impact on business growth.
Over the years, we have witnessed a positive trend in the role and presence of women in technology. The UAE, for example, climbed 48 places in the World Economic Forum's 2021 Global Gender Gap Index rankings, rising from 120th in 2020 to 72nd globally. The steady increase in women now taking up technology roles on a global scale is a critical sign of progress.
Despite this, there are many challenges that still remain, such as women not being hired in male-dominated workplaces, lack of promotions and unequal salaries. It is also important to recognise that while women in some parts of the world are fighting for equal work opportunities, women in other regions are fighting for basic rights.
I believe that challenging and calling out gender bias and discrimination is something we should all be doing continuously and not just on special days. These are important issues that we should seek answers to as we continue the fight for gender equality to create an inclusive world for all.
Put simply, lack of gender diversity can cause serious problems for businesses, for example:
Less revenue generation
Organisations with a higher proportion of women in their executive teams are more likely to experience above-average profitability. In fact, the inclusion of women in the digital economy and increased diversity brings value, both socially and economically. For this reason, organisations that hire and retain more women automatically gain a competitive advantage and generate more revenue.
Lack of creativity and motivation
Gender diversity empowers organisations to be more agile and innovative. Since different people have different opinions and ideas, everyone can bring unique and brilliant ideas to the table. For this reason, gender-equal workforces are more likely to have varied perspectives and approaches. This can result in creative and informed decisions that boost business performance. Gender-diverse workspaces with successful women in senior positions motivate more young women to take up leadership roles.
Hiring difficulties and impact on reputation
On a global scale, people care about organisations' ethics, social responsibilities and fair employment practices. Any sign of discrimination and gender bias can destroy an organisation’s reputation. This will also result in employees leaving the organisation, costing them a lot of money and making it difficult to hire the best applicants. Organisations with diverse teams build a strong reputation for themselves.
Poor understanding of customers’ needs
In any business, customers are most likely to come from various backgrounds. By ensuring that an organisation’s employee base reflects their customers, the business will be able to communicate effectively with them and gain a better understanding of what customers need. If gender diversity is not a priority, we are at risk of not properly understanding the target market.
The role of technology in tackling gender bias
Overall, the global gender gap might still take many years to close. However, technology can help us accelerate this process. In fact, data science and analytics are already providing us the tools to tackle gender inequality and empower women. Data analytics can enable human resource teams to identify patterns of bias that exist and come up with fair hiring processes and compensation structures.
Artificial intelligence-powered language detectors can filter out gender-biased wording in job descriptions. This can encourage recruiters to reassess their language and ensure they adopt fair measures when hiring employees that focus on skills rather than gender.
Data science and analytics are already providing us the tools to tackle gender inequality and empower women
CP Gurnani,
managing director and chief executive of Tech Mahindra
When carefully designed, AI solutions can also mitigate issues that are linked to unfair performance reviews, payment gaps and unfair promotion decisions that are based on gender bias. All this can effectively help improve the retention of women employees and promote a more inclusive work environment.
Machine learning tools can compare employees’ key performance indicators and alert managers when someone is consistently assigned fewer or less important tasks because of their gender. This can also ensure that an organisation’s workforce is balanced and that there is an equal proportion of male and female employees.
However, organisations need to take the right steps to ensure that new technologies do not end up widening the gender gap. This means being cautious with how some technology is introduced.
Looking to the future
We cannot stop disruption from changing our industries, but we have the power to tackle gender bias and promote diversity. While the future certainly looks brighter for the next generation of female technology talent, we need to work hard and continue supporting women in the sector.
This can certainly help accelerate the transition towards a more gender-balanced world. The rise in working from home and gig work opportunities can encourage more women to join technology workforce. Such opportunities, along with a flexible work culture, can definitely be a game changer.
CP Gurnani is the managing director and chief executive of Tech Mahindra
THE CLOWN OF GAZA
Director: Abdulrahman Sabbah
Starring: Alaa Meqdad
Rating: 4/5
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
Company%20profile
%3Cp%3EDate%20started%3A%20January%202022%3Cbr%3EFounders%3A%20Omar%20Abu%20Innab%2C%20Silvia%20Eldawi%2C%20Walid%20Shihabi%3Cbr%3EBased%3A%20Dubai%3Cbr%3ESector%3A%20PropTech%20%2F%20investment%3Cbr%3EEmployees%3A%2040%3Cbr%3EStage%3A%20Seed%3Cbr%3EInvestors%3A%20Multiple%3C%2Fp%3E%0A
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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Killing of Qassem Suleimani
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Section 375
Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat
Director: Ajay Bahl
Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL
Rating: 3.5/5
Results
Catchweight 60kg: Mohammed Al Katheeri (UAE) beat Mostafa El Hamy (EGY) TKO round 3
Light Heavyweight: Ibrahim El Sawi (EGY) no contest Kevin Oumar (COM) Unintentional knee by Oumer
Catchweight 73kg: Yazid Chouchane (ALG) beat Ahmad Al Boussairy (KUW) Unanimous decision
Featherweight: Faris Khaleel Asha (JOR) beat Yousef Al Housani (UAE) TKO in round 2 through foot injury
Welterweight: Omar Hussein (JOR) beat Yassin Najid (MAR); Split decision
Middleweight: Yousri Belgaroui (TUN) beat Sallah Eddine Dekhissi (MAR); Round-1 TKO
Lightweight: Abdullah Mohammed Ali Musalim (UAE) beat Medhat Hussein (EGY); Triangle choke submission
Welterweight: Abdulla Al Bousheiri (KUW) beat Sofiane Oudina (ALG); Triangle choke Round-1
Lightweight: Mohammad Yahya (UAE) beat Saleem Al Bakri (JOR); Unanimous decision
Bantamweight: Ali Taleb (IRQ) beat Nawras Abzakh (JOR); TKO round-2
Catchweight 63kg: Rany Saadeh (PAL) beat Abdel Ali Hariri (MAR); Unanimous decision
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
LA LIGA FIXTURES
Friday Valladolid v Osasuna (Kick-off midnight UAE)
Saturday Valencia v Athletic Bilbao (5pm), Getafe v Sevilla (7.15pm), Huesca v Alaves (9.30pm), Real Madrid v Atletico Madrid (midnight)
Sunday Real Sociedad v Eibar (5pm), Real Betis v Villarreal (7.15pm), Elche v Granada (9.30pm), Barcelona v Levante (midnight)
Monday Celta Vigo v Cadiz (midnight)
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
UAE currency: the story behind the money in your pockets
World%20Food%20Day%20
%3Cp%3ECelebrated%20on%20October%2016%2C%20to%20coincide%20with%20the%20founding%20date%20of%20the%20United%20Nations%20Food%20and%20Agriculture%20Organisation%2C%20World%20Food%20Day%20aims%20to%20tackle%20issues%20such%20as%20hunger%2C%20food%20security%2C%20food%20waste%20and%20the%20environmental%20impact%20of%20food%20production.%20%0D%3C%2Fp%3E%0A
MATCH INFO
Watford 1 (Deulofeu 80' p)
Chelsea 2 (Abraham 5', Pulisic 55')