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January 10, 2017 - Leading Millennials by Keith Hoskins

1/16/2017

 
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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.
By the numbers:
  • 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.
ACE
  Accountability
  • This is a leadership opportunity and we should own it.
  • Model leadership through example and coaching
  Compartmentalization
  • 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
  Collaboration
  • 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
Empowerment
  •  2-part ownership
  • Leaders must help millennials do their job well.  They want leaders who will facilitate, NOT dictate
  5 steps mentoring
  • 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)
Closing
  • 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!


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