how to scale with millennial talent rob blythe, founder & director, instant impact
TRANSCRIPT
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20 PASSIONATEEMPLOYERS
300+ FAST GROWING CLIENTS
1,000+ PLACEMENTS
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THE BACKGROUND
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THE MILLENNIAL GENERATION
By 2025, 75% of workers globally will be Millennials (Time)
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THE MILLENNIAL GENERATION
Average tenure for millennials is just 2 years (Yahoo)
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THE MILLENNIAL GENERATION
Costs £20,000 to replace each Millennial employee(Microsoft)
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SIMON SINEK
The power of ‘why’
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THEME 1 - NO EASY WINS
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SOLUTION 1
Have a clear and meritocratic progression structure
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SOLUTION 2
Invest in training
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THEME 2 – SEEKING APPROVAL
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SOLUTION 1
The ‘why’: Have an inspiring mission
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SOLUTION 2
Focus on culture and values
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THEME 3 – INSTANT GRATIFICATION
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SOLUTION 1
Exceed expectations
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SOLUTION 2
Encourage 360° feedback
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SUMMARY
Keeping millennials engaged and inspired is challenging.
However, if you can make your company a great place to work and stay one step ahead you’ll see the reward!