how to groom your millennial employees to be effective young leaders

How to Groom Your Millennial Employees to Be Effective Young Leaders

Presented by:

Lisa OrrellThe Generation Relations ExpertThe Orrell Group

March 11, 2010

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2 Copyright © 2009. The Orrell Group.

Webinar Agenda

Millennial Overview

Leadership vs Management Mindset

Attributes of an Effective Leader

Leadership Ethics

Developing a Leadership Brand

Q & A


Gen X:~1966

to1979

Gen X:~1966

to1979

Generation Jones:~1954

to1965

Generation Jones:~1954

to1965

Boomers:~1942

to1953

Boomers:~1942

to1953

Millennials/Gen Y:~ 1980

to2002

Millennials/Gen Y:~ 1980

to2002

Millennial Overview: The Generational Snapshot 11


Why is the Millennial Topic Important in the U.S.?

• 1/5 of American workers will hit retirement age by 2020

• Shortfall of 35 million workers over the next 0 to 20 years

• At a typical large company in the U.S. 30-40% of employees will hit retirement age in 5-10 years

• This can challenge U.S.-based companies to sustain their growth & strength

• Forcing Companies to Move Millennials Into Leadership Roles Sooner/Faster

11


Leadership vs Management Mindset

“Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in

themselves, it’s amazing what they can accomplish.”

Sam Walton: Founder of Wal-Mart

22


Leadership vs Management Mindset:Quick Snapshot of Differences

Leaders:• Seek Employee Commitment• Create Change & Take Risks• Are Passionate• Lead People• Give Credit

Managers:• Seek Employee Compliance• Maintain Status Quo• Are Controlling• Manage Work• Assign Blame

22


Attributes of An Effective Leader

“63% of top executives say that most managers’ careers are stalled because they simply do not

understand others.”

Across the Board Magazine (for Business Leaders)

33


Attributes of An Effective Leader

Understands What Motivates Each Team Member

Handles Crisis, Conflict & Times of Change

Don’t Take Themselves Seriously

Strategists Beyond Core Competencies

Creates & Shares Their Vision Clearly

Communicates Often & Listens More

33

Non-Effective Leader Face.


Leadership Ethics

“Approximately (only) 50% of all American working adults believe their senior executives

are people of high integrity.”

Results of a Study Conducted by Walker Information

44


Leadership Ethics

“Leadership is about doing the right thing…even when no one’s going to know.”

Oprah

44


Leadership Ethics

“Whoever is careless with the truth in small matters cannot be trusted with

the important matters.”

Albert Einstein

44


Leadership Ethics:Why Worry About It?

Ethics Maintain a Moral Course During Turbulent Times

Ethics Cultivate Teamwork & Productivity

Ethics Build Trust In YOU

Ethics Promote A Strong & Positive Image

44

Unethical Leader Guy.


Developing Their Personal Leadership Brand…Starting Now!

“Don’t be someone you’re not. Find your ‘own’ voice and define your personal brand at work.”

VP of Global Services (Fortune 500 Company)

55



“Be aware that people are watching what you say and what you don’t say, and what you do and don’t do.

Your next opportunities, and indeed reputation, will be impacted by the actions and decisions you make

day-to-day…everyday.”

Senior VP of Human Resources (Fortune 1000 Company)

55



How to Create A Personal Brand:

Don’t Make It Company Centric!

Decide What You Want to Be Known For

Live Your Brand

“Visual” Brand Attribute

Construct Your Personal Brand Statement

55

This Picture Will Make Sense Shortly.



Personal Leadership Brand Statement Example:

“I want to be known for being honest, fun, respectful,

supportive, hard-working and innovative so that I can

deliver effective results and solutions for my employer,

my team, and my peers.”

55


Get A Grip On Leadership Takeaways

Developing Their Leadership Mindset Starts NOW

Leadership Skill-Building Requires On-going Training & Learning

Respect & Support Team Members & Co-Workers

Remember: WIIFM and W.A.I.T. (and Never Ass-U-Me)

Set A Moral Compass & Never Bend to Temptation

Praise Team & Individuals Often (Daily!)

Create & Live A Personal Leadership Brand

Honesty & Compassion Foster Trust…the Cornerstone of Being An Effective and Respected Leader (at ANY age)!


Attendees Will Receive a 10% Discount on ANY of Lisa’s Seminars, Workshops or Keynotes!

Thank You & Questions

www.TheOrrellGroup.com

Twitter @GenerationsGuru

Join Me Online: LinkedIn & FaceBook

Blog.GenerationRelations.com

Lisa Orrell, CPCThe Generation Relations Expert

Speaker • Author • Leadership Coach for Millennials

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