How to Recruit and Promote More Women as Leaders in Technology
The gender gap in the workforce is even more noticeable when you look at careers in science, technology, engineering, and math. Inhi Cho Suh, GM of Watson Customer Engagement at IBM and Laura Bilazarian, Founder and CEO of Teamable, explain how companies can do a better job recruiting and growing women leaders in technology roles.
"We're able to statistically prove there's no pipeline problem," said Bilazarian. "We've mapped the world of social connections and people that have a presence on the web around work, and there's many many women in tech its just really hard to find them using today's tools."
Women filled 47 percent of all U.S. jobs in 2015 but held only 24 percent of STEM jobs, according to the United States Department of Commerce.
IBM offers a tech re-entry program for women to get back to work after dropping out of the workforce. "We create a 12-week internship for women that may have taken a leave during a particular portion of their personal and professional lives," says Suh. "Through this program last year we graduated 30 women who reentered back into the workforce, and we're looking to have more women as part of this in 2018."
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
