High Tech: Diverse Ideation is Key to Accelerated Innovation

“Tech giants in Silicon Valley are known for pursuing big ideas, changing the world through technology and, unfortunately, a fairly extreme lack of diversity.

But at least one company is taking proactive steps in addressing the problem. In January 2015, Intel’s CEO Brian Krzanich made a bold pledge at the annual Consumer Electronics Show in Las Vegas, allocating $300 million to increase diversity within the company and the tech industry at large.

Eighteen months later, the company is making progress on many of its initiatives, while others will require more attention in order to reach the company’s goal of having a workforce that is representative of the U.S.’s working population by 2020.

In the company’s mid-year diversity report, published today, female hires are down slightly from December 2015, from 35.1% to 34.1%. However, 25.4% of Intel employees are female, representing a new record for the company. Underrepresented minority hiring also increased this year, from 11.8% in 2015 to 13.1% in 2016.”Fast Company Article.

But the window remains open for more progressive programs relative to inclusive leadership.  The competition for talent, particularly diverse talent, is fierce, but programs focused on inclusion and that are aimed at enabling diverse ideation, thereby leading to accelerated innovation, will ultimately rule the day. Explore our High Tech Inclusive Innovation Lab to learn how to spark inclusive innovation using the principles of the Stanford d.school’s innovation framework, Design Thinking.