Foundation of discussion:
- 86 million millennials will be in the work force by 2020. This represents 40 % of the work force.
- The millennial generation is the future of our nation and will shape our domestic and global priorities.
- Today’s current inter-generation challenges should be met with opportunities.
- 64% of them say it’s a priority to make the world a better place.
- 72% want to be their own boss. If not their own boss, then 79% want a boss that is a coach or a mentor.
- 88% prefer a collaborative work culture rather than a competitive one.
- 74% want flexible work schedule
- 88% want work-life integration. This is becoming the new norm.
- This is a leadership opportunity and we should own it.
- Model leadership through example and coaching
- Focus and purpose in a long term strategy toward intergenerational development while parsing out millennial strategy as stand alone
- Do not have a singular approach and focus on one generation
- 88% of millennials want to work in a collaborative environment
- Organizations should move more to this model as it increases productivity and enhances social interaction
- Builds trust
- Builds a team – a leader will emerge
- 2-part ownership
- Leaders must help millennials do their job well. They want leaders who will facilitate, NOT dictate
- I do (competence)
- I do it, and you are with me (demonstrate)
- You do it, and I am with you (coaching)
- You do it (empowerment)
- Tell them YOU DID IT! Someone else is with you (reproductive)
- Each generation has endured challenges
- Labels do not necessarily capture the entire generation as if to give them a trademark that fits all.
- The millennials are our future!
- It is up to us take on the responsibility, just as previous generations, to lead and mentor this generation to better secure the future for our businesses, our government, and most importantly for our nation!