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Is The Glass Ceiling A Myth?

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The world has experienced three industrial revolutions; steam power (1784), electricity (1870) and electronics (1969); each of these revolutions has brought such unique changes that it has changed the basic ways of living life, they have made lives easier, simpler and faster. And women have always played a huge role in each of these revolutions, right from the very first one in 1784, extensive research in each of these revolutions have shown women’s involvement as textile workers, miners and seamstresses, in a way the women pushed the wheels of the revolution forward in every way as heavily as the men did. However their contribution has been heavily undermined or absent in most sources of history that do talk about the industrial revolutions, history has always been a man’s world.

We right now in the 21st century, are currently undergoing our fourth industrial revolution, this time it is digital technology which is taking over the world, it is the umbrella that shelters every industry that exist in the books and also the walker that supports it forward. Digital technology is revolutionizing our world at an unimaginable and unprecedented pace which we have never experienced and it’s only getting faster by the minute.

Tesla’s self-driven car and the drones that hover over our heads today have managed to put us in an era which only existed in science fiction up until a few decades ago. And while that is a truth which is to be cherished, another truth is that once again, women will be left out of this. This time not because their presence wasn’t acknowledged, but because there wasn’t enough of a presence to talk about in the first place. People want to either ignore the elephant in the room or argue that it doesn’t exist, but let’s talk about the glass ceiling in the tech industry.

  1. While women make up 59% of the total workforce, they are averaging only 30% of the workforce across major tech companies. That 30% includes both tech and non-tech jobs, like marketing and HR. When it comes to representation of women in tech jobs at tech companies, they can’t seem to break even 20 percent: women hold only 17 percent of the tech jobs at Google, 15 percent at Facebook, and 10 percent at Twitter.
  2. Women-owned companies in New York City today get just 17 percent of venture funding.
  3. Of the 41 Fortune 500 companies in the technology sector, only five have a female CEO.
  4.  Only 14.3 percent of board seats of the top 100 tech companies are held by women.
  5.  A 2013 study from the Proceedings of the National Academy of Sciences showed that men are two times as likely to be hired for a job in mathematics when the only difference between candidate profiles is gender.
  6. Nearly 40 percent of women with engineering degrees either don’t enter the field at all or quit soon after. Women in tech with business degrees also tend to leave the industry before rising in rank.

One of the biggest implications, outlined in The Industry Gender Gap report, is just how harmful this revolution may be to the progress of women because they are underrepresented in tech. As market forces transform industries to favor technological skills, women only hold 26 percent of all tech jobs. Worse yet, they only stand to gain one new STEM job for every 20 that are lost in other disrupted industries. For men, that ratio is a much more favorable one to four.

Microsoft reported that women comprise 29.1 percent of its workforce, but only 16.6 percent work in technical positions and just 23 percent hold leadership roles. Twitter said women fill 10 percent of its technical jobs with 21 percent in leadership. And women Googlers account for 17 percent of the search giant’s tech jobs, while 21 percent manage others. Statistics and figures are always boring, but in this case they matter because they show us how few women are influencing product development and business strategies- the top two rungs at the top of the industry’s corporate ladder. Not only is that bad for women, but also it’s extremely harmful for business; studies show that companies with different points of view, market insights and approaches to problem solving have higher sales, more customers and larger market share than their less-diverse rivals.
As tech remakes the world, women will miss the chance to affect the massive economic and social changes this fourth industrial revolution will bring. If women don’t participate in tech, they are losing the chance to influence the largest economic and social change of this century. It’s a downward spiral the whole way, female representation in tech actually used to be higher in the mid-‘80s that it is now and this decline is unique to the field of computer science since women participation has increased in every other field.
What women have been experiencing in the tech industry isn’t any form of discrimination or sexism, instead they are faced with an air of condescension which just leads to isolation and discouragement. It’s time that companies admit that there is a problem. This situation doesn’t only require creating policies that create cultures that are open to women and support their career advancement, it requires changing an entire mindset. We just have to wipe out the stereotypes of the last 200 years or so, one thought at a time.

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Home Office Safety Tips

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Here’s some home office safety tips. In today’s digital world more and more companies are allowing their employees to work from home. The employees can increase their productivity when they do not need to commute daily. The only requirement is an internet connection. However, there come some security issues with this freedom and flexibility. You need to create a safe home office environment to reap the benefits of telecommuting.

Security of sensitive data (Home Office Safety)

Cyber security is a big concern for the business houses as more and more people are electing the ‘work from home’ option for freedom and flexibility. It is vital to work from a secured Wi-Fi connection to keep all the sensitive data away from the prying eyes. The companies provide VPN access to its employees, but if someone hacks the home Wi-fi connection or public hotspot, your data could be compromised. Make sure you secure your sensitive data to have proper home office safety.

So, you need to be extra cautious about other devices connected to your wi-fi. You should also invest in a robust anti-virus software. Do not let your family members use your work laptop. You should always follow the company policy of accessing the company network remotely. Your computer should have up-to-date operating systems, antivirus software and regular scanning programs. You should take extra care about storing office files and backup. The storing location should be approved and accessible by your company.

Workstation safety

Many organizations ask their employees to read and sign a telework agreement. These agreements clearly mention the home safely checklist. People who want to telecommute must have a separate and secure workstation. The work area should be peaceful and quiet. Your desk height and chair should be proper. You cannot work for longer periods if your table and chair are not comfortable. Your back should be adequately supported. Floors should be dry and free of hazards. You must also keep a first aid kit at your workplace. To avoid fire hazards, there should be more than one exit. You should keep a fire extinguisher too. The workspace should be free of clutter and trash. You should keep your work devices far from flammable items. Your office furniture and equipment should be ergonomically correct. Your table should have enough space for computer, printer, document holder, and phone.

Electrical safety

In recent years, computer-related accidents and falls have increased quite a bit. Experts suggest placing the computer or any other work devices away from the edges of desks. You need to organize and secure the open wires to avoid tripping over them. You should install safety covers on unused electrical outlets. You should keep your computer equipment connected to a surge protector. You should not keep any damaged or exposed wiring. Avoid use of extension cords. Keep the electrical plugs and panels in good condition.

The employer often overlooks the health and safety issues of a telecommuter. The teleworkers should have a proper understanding of the hazards of working alone at home. There should be a safety surveillance program to check the ‘work-at-home’ arrangement. Monitoring the safety of every telecommuter is difficult for the company, but they can provide proper safety guidelines to every teleworker. The employees can do self-inspections and send in regular reports to the company HR department.

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Customer Satisfaction Should Be Your Number One Priority

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No matter what your product or service is, without customers you don’t have a business. This is because customers are the backbone of any business. In fact, customers are so important many businesses have adopted a “customer is always right” policy. Many companies strive to keep their clients happy. However, there are businesses that do not know why customers are important. Here are reasons why your customers should be your number one priority.

No Business

Let’s say that your product is so cool it solves many problems. This is very good but without customers to patronize it, you have no business. Customers are important because without them, your company does not need to exist. Businesses exist to provide products and services to customers. In the entrepreneur world, businesses exist to provide products and service that customers consume. Prioritizing customers will let you learn what they want so that the cycle is unbroken.

Helps You Improve

Customers are important not only because they consume your goods and services, but also because they help you improve. By listening to their feedback, you will learn what can make your product/service better. Many companies spend millions of dollars on R&D but there is no better source than the people who patronize your product. By listening to your customer’s feedback regularly, you can improve and tweak your product so that it gets better each time.

More Customers

Loyal customers are the best brand ambassadors for your products. If they really like your product, they will tell their friends about it. This is good news for businesses because it is free advertising and because it will bring in more customers. Having loyal customers rave about your product to other people is a good way to measure success. By listening to what they want, you are establishing a relationship with your customers. Prioritizing their feedback will gain their trust and they in turn will recommend you to other people.

Quality Feedback

Customers are also the best source of quality feedback. Remember that they are the ones who are using your products on a regular basis. Prioritizing customers means that you are engaging them. You will have good sources for feedback which allows you to analyze quality information. Following this strategy will let your company analyze and respond better to make your products or services improve which could help boost sales.

Make You Rich

When consumers are happy they consume more of your products which can make you rich. How? Customers like to buy from a brand they trust. They are happy to use a product that is of good quality and will recommend your product so that their friends are happy thereby expanding your customer base. The more people that buy from you, the more potential for profit. Most of the time, more profit means more money inside your pocket.

Ensuring that customers are happy and are prioritized is a good marketing plan. Making them number one is a good way to make your business successful. Prioritizing them could start a chain reaction that can propel your business forward.

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Business Insurance And Why You Need It

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Business insurance is a requirement that you should not ignore even if you are in a low-risk workplace. For certain business sectors such as healthcare industries, mechanical workshops or amusement parks, getting a liability insurance is essential. Finding the best insurance can be a challenging and complicated process, but it is better to get an insurance coverage. Disasters happen, and you need an authorized protection to save you from severe economic loss.

Why is business insurance necessary?

If you start a business and employ some people, you need to have business insurance. It is a legal requirement. The insurance coverage varies from one country to another. Almost all countries have made it compulsory for the companies to get a liability insurance. You may think that your business is small and has less risk. You can also think that you can afford the losses your companies might face. The business experts always advise getting a proper insurance for every kind of business. There can be natural disasters like floods or earthquakes. Fire accidents and thefts are not the only risks. Your business can incur massive losses due to disruption of work. There can be cash crunch, skilled labor crisis, road work, police barricades and criminal acts too. You should consider all the aspects before buying an insurance coverage for your company.

General Liability Insurance

Almost all trades have some liabilities. So, a general liability insurance is essential. Before you hire some employees for your business, get a liability insurance first. Your company becomes the ‘employer.’ It becomes a legal need if you wish to make your business a limited company. If any of your staff falls ill or faces any fatal accident during working hours, your company becomes liable. You need to discuss with your insurance broker about the amount of liability insurance cover your business needs. If there is any death because of their work in your company, you need to arrange appropriate compensation. So, you should avoid any expense trimming while buying insurance for the company.

Professional Liability Insurance

It is also known as errors & omissions (E&O) insurance. This is not a one-size-fits-all insurance. Each industry has different concerns while running the business. So, you need customized coverage for your business. The professional liability insurance protects the business from the claims that the company was negligent in performing their services accurately. When you buy the E&O insurance, make sure you appoint an attorney for your company who can defend the lawsuits filed against the company.

Property Insurance

Property Insurance is a must when you run a business. Be it your own building or leased property, you need coverage. This insurance covers your business inventory, equipment, signage, and furniture from any losses due to fire, storm or burglary. Home based businesses still do not get much coverage from property insurance. You need to ask your insurer for extra coverage.

Product insurance

Apart from the above-mentioned insurance policies, you should get an additional product insurance to cover your manufacturing business. It covers any loss due to manufacturing, distributing and retailing hitches.

Buying insurance for your business is complex. You need a trustworthy insurer. Every business needs a unique package based on the requirements of the company. You should always review your insurance policies and keep them in active status.

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