Effective Management, AI Upskilling Key to Retaining and Advancing Women in Tech, Reveals Skillsoft Report

Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today released its annual Women in Tech Report examining the current realities, needs, and opportunities for women in the technology industry. This year’s report reveals that nearly a third (31%) of women in tech are considering leaving their organization over the next 12 months due foremost to poor management, followed by a lack of training and for better compensation.

“85% of our survey respondents say there’s a gender disparity within their team and 38% are dissatisfied with their growth potential. We’re at a tipping point where the risk of attrition threatens to significantly widen an already prominent gender gap in the tech industry,” said Orla Daly, Chief Information Officer, Skillsoft. “While there are more opportunities for women than ever before, leaders must provide intentional support and foster the development of critical skills so that they can thrive, lead, and push the business forward.”

Skillsoft’s survey found a top barrier facing women pursuing careers in tech is a lack of training, particularly surrounding advancing technologies like generative AI (GenAI). When asked which tech-related topic they are most interested in learning about, the greatest portion of respondents said AI (41%). Despite this desire, 60% said they are not yet using AI at work, and of those who are, 63% haven’t received adequate training and resources to integrate the technology into their work.

“The involvement and empowerment of women in AI is essential to ensuring the technology is designed and implemented in ways that are equitable and inclusive,” continued Daly. “Diversity fosters innovation, and therefore advancing women's skills in AI can lead to the development of more creative and equitable solutions to business problems.”

Additional highlights from Skillsoft’s 2024 Women in Tech Report include:

Power skills are key qualities for aspiring female leaders.

• Following AI, women in tech are most interested in developing skills in leadership and management (37%) and project management (23%).
• Respondents say the three skills most important for today’s tech leaders are team communication, emotional intelligence, and active listening.
• The top pieces of advice for women pursuing tech-related careers include investing in education, finding mentors, and building power skills.

Benefits including flexible work and professional development add significant value for talent.