It’s almost time for the Women in Tech Excellence Awards – a celebration of the inspiring women in our industry and the work they do.
We have thousands of nominations this year, which means being on the shortlist was an achievement in itself—so it’s a mind-boggling victory for a company like Morgan Stanley to have eight finalists.
Lizelle McCord, Head of Governance and Data Management, explains that the company’s commitment to representation and inclusion has helped support the development of female talent at all levels of the company.
Why are women in tech an important issue for you and Morgan Stanley?
Lizelle McCord: One of Morgan Stanley’s core values is a commitment to diversity and inclusion. The firm aims to create a representative, inclusive and equitable work environment where individuals, their perspectives and backgrounds enrich our collective experience.
We want to work in an environment that represents the society at large. Through our inner Women in Technology network, we help create a more inclusive environment and improve the gender balance by empowering women who are talented in technology.
A key element needed to support and develop women working in technology is coalitions. Associates can show their support in a number of ways, ensuring that the opinions and contributions of female colleagues are part of women’s meetings, professional development, and sponsorship or mentorship throughout their careers. With allies and role models as champions, we are raising women’s voices to make sure they are heard.
I think it’s important to support women at all levels of their careers. Chairing the EMEA Women in Technology Steering Committee gives me the opportunity to support and recognize those who go above and beyond in their day-to-day work as well as their contributions to industry and the community. Creating a platform for role models at all levels is critical if we are to inspire and advocate for the women tech leaders of the future.
How did you get into the IT industry?
LM: I was interested in technology from an early age. I remember my dad bought a first generation Apple Mac and my interest grew from there. I then studied computer science at the university where I received my bachelor of science degree. After that I started my career as a software developer in the automotive industry.
Why do you think the IT industry is predominantly male?
LM: Women are under-represented in many industries, especially at the senior level, and technology is no different. There are several reasons for this. For example, we know that globally fewer women than men study STEM in higher education, which has an immediate impact on the pipeline of young women entering the field. This later creates a lack of talent and of course a lack of role models down the line.
Having a positive role model helps influence girls’ interest levels and the types of conversations they have about their future careers. This is why it is so important to act now to ensure that the industry creates a strong platform for women to succeed.
The generations to come will witness these achievements and see technology as a viable and positive career option. Driving these changes in education and society is the key to tackling the underrepresentation of women in technology, and I am proud of the time and resources Morgan Stanley is investing in this space.
What is the biggest lesson you have learned in your career?
LM: I’ve learned a lot in my career, but one of the things that stood out to me was the realization that mistakes, disappointments, and perceived failures are opportunities for growth, development, and new businesses. This has been made possible through a positive mindset, confidence and perseverance.
Persistence is the key to success: Never stop following your passion and believing in your dreams.
Find a mentor: As your career develops, there are many challenges and questions. A good board and honest advice (this is key) is invaluable, especially when self-doubt or difficult next steps arise.
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