understanding and leading millennials
TRANSCRIPT
Purpose of Today’s Training• What is a Millennial?• Perception vs Reality• What do I need to know to more effectively lead?
Traditionalists Baby Boomers Gen X Millennials Gen Z
Four Generations in the Workforce• WWII, GI Bill, College
• Authority
• Delayed gratification
• One company career
• Vietnam, Cold War, Civil Rights
• Kennedy & King assassinations
• Find identity in their work
• Technology to do more work,
not less
• Persian Gulf, AIDS
• Video games, MTV,
computers
• Mobility and autonomy
important
• Technology for work-life
balance
• 9/11, Terrorism
• Latch Key
• Texting, Social Media
• Emphasis on social
responsibility
• Technology for work-life
blending
• Mortgage crisis
• ISIS
• Tech savvy
• Globally connected
• Flexibility
• Entrepreneurial
• Still evolving definition
1933 - 1945 1946 - 1964 1965 - 1979 1980 - 1995 1996 - Present
Perception of MillennialsWhat is your perception of Millennials?• Autonomous• Entitled• Imaginative• Self-Absorbed• Defensive• Abrasive• Myopic• Unfocused• Indifferent
Reality of Millennials• Work – Life Blend• Reward• Self- Expression• Attention• Achievement• Informality• Simplicity • Multitasking• Meaning
Challenges for Millennials • A lack of experience• Not being taken seriously• Not getting respect• Being perceived as "entitled"• A lack of patience• Getting helpful feedback• Understanding expectations• Rigid processes• Proving my value
How to Lead MillennialsWhat Millennials Need What Millennials Need From Their Leaders
Work-life blending acceptance Be flexible when letting them have it their way makes sense
Reward for work, more opportunity and promotions Reward the right things in the right way; Teach and guide them; Be clear and patient when setting expectations
Self-expression and being listened toPut their imagination to work; Listen to them for ideas and strategies
Attention and knowing what is expected out of them Build a relationship; Be clear and detailed
Feeling achievement and knowing how they are doing
Give affirmation when they do achieve; Assure them about your relationship with them when providing information on performance improvement
Informality and a say in how they do their jobDon't take things personally when they go around the normal channels to build relationships; Let them challenge you
Simplicity and the big pictureShow them the big picture and broaden the short term; Help them connect the dots
Help sculpting ability to multitask with attention to detailInclude the details and give them direction; Demonstrate, coach and then empower them
Help finding the meaningMake it matter to them; Help them see how their daily contribution matters