Business

Sergey Tokarev on Enhancing Gender Balance in IT

Achieving gender balance in tech teams can improve business outcomes by 20 percent, according to a recent International Labor Organization study. Despite the tech industry’s efforts to attract more women, gender balance remains yet to be achieved, particularly in Ukraine. Sergey Tokarev, an IT entrepreneur and co-founder of the investment group Roosh, discusses strategies to address this issue in his op-ed for Forbes.

The Ukrainian IT community DOU has observed a gradual increase in female participation in the tech sector over recent years. In 2020, women made up 20% of the workforce, and by 2023, this figure had risen to 24%. As for female tech specialists, their number accounted for 19 % in 2023. Sergey Tokarev points to Roosh, where the percentage of female managers grew from 20 percent in 2020 to 38 percent in 2023, illustrating significant progress within the industry.

However, Sergey Tokarev warns that this progress is not stable and does not guarantee future gender balance, especially in light of Ukraine’s ongoing challenges. The war with Russia has forced many women to flee the country, disrupting their careers. Tokarev notes that these women may find local employment abroad over time. Additionally, women serving in the military or managing households alone face significant barriers to entering the tech sector.

Sergey Tokarev

The crowded job market and scarcity of opportunities also pose challenges. According to DOU, a newbie front-end developer had 49 job offers in 2022, but this number dropped to just 12 by 2024. These issues are compounded by persistent societal prejudices that discourage women from pursuing tech careers from an early age. Gender stereotypes often start in childhood, where girls may be steered away from technical interests, and teachers may favor boys in math and science.

Sergey Tokarev emphasizes the importance of diversity and collaboration for success in tech. At Roosh, they consider the team dynamics of potential investments, recognizing that diverse experiences and approaches are crucial. Tokarev suggests four key areas to improve gender balance in the tech industry.

First, tech companies should invest in nurturing future specialists. Involving businesses in the education of potential tech professionals can help bridge the gender gap. Tokarev encourages companies to establish internship programs that provide practical experience to both students and current professionals, equipping them with essential skills and knowledge.

Second, integrating soft skills development into the curriculum is vital. The tech industry requires more than technical expertise. Effective communication, organizational abilities, critical thinking, and teamwork are essential in today’s workplace. Emphasizing these competencies in education can better prepare women for successful tech careers.

Third, mentoring and role models are crucial for women’s success in tech. Access to mentors and role models can provide valuable guidance and inspiration. Initiatives like STEM is FEM project connect Ukrainian girls with mentors who offer professional advice and motivation, helping them navigate their tech careers.

Finally, supporting youth from an early age is essential. Introducing young people to the tech industry through educational programs and activities can spark interest and demonstrate the sector’s potential. Early exposure to tech can inspire future generations of female professionals and help dismantle existing stereotypes.

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