McKinsey study, 2015
WOMEN INVENTORS AND INNOVATORS
the History & Future of Women Changing the World
"In a “full potential” scenario in which women play an identical role in labor markets to that of men, as much as $28 trillion, or 26 percent, could be added to global annual GDP by 2025."
There is an obvious need for more women in positions of leadership and innovation, and plenty of role models for women changing the world (see the mural). Why do we have statistics like this?
• Women in the U.S.make $.83 to $1 men earn doing the same job source
• 7% of venture funding goes to women-owned businesses source
• 11% of executives at Fortune 500 companies are women source
• 5% of tech startups are owned by women source
• 56% of women leave technology companies mid-career source
• 11% of Silicon Valley executives are women source
• 10% of Silicon Valley directors are women source
• 8% of Silicon Valley committee chairs are women source
• 9% of women are named executive officers in both the Silicon Valley 150 and the S&P 100 source
• <25% of STEM jobs in the US are held by women source
• 4% of senior management positions in technical/R&D departments in Silicon Valley tech startups are women source
• Women leave technology companies at 2x the rate of men source
• 5% of Fortune 500 CEOs are women source
• 15% of executive officers are women source
• 8.5% of Wikipedia editors are women source
• The effects of most diversity efforts are unknown, diversity trainings do not produce a more diverse workforce source
Why do these discrepancies still persist? As we research the stories of women today and yesterday—and start shining new light into the dark corners of social and organizational conditions—we expect to find some answers.
In addition to sharing stories, we also will be sharing results of our literature reviews, conversations, and research scans. We will be looking at new questions and old answers in new ways. Check back to this page for more numbers that may begin to help us craft a new equation.