With the new wave of employees hitting your HR departments and business with their new ways of working, thinking and expectations, it’s time to look at some best practices in leading millennials.
So, how do we as company owners and business leaders work with, inspire and lead this growing workforce?
Employers and business leaders who have the capacity to understand their motivations, interests, and concerns will have a head start in attracting and retaining the best talent.
Millennials are the breed of internet natives, who require leadership which keeps up to speed with their requirements of ethical working conditions. They’re looking for more flexible working opportunities, companies who regularly work on community projects, have care and concern for the planet, plus a robust corporate and social responsibility strategy.
So let’s take a look below at some of the important points of leading millennials and how you can lead them effectively.
How can I lead a millennial?
When leading Millennials, concentrate on the following areas:
By 2025 millennials will account for 75% of the global workforce according to The Deloitte Global Millennial Survey 2019.
Looking to lead this brand new, technologically savvy and aware generation, can cause managers to scratch their heads and wonder what they can teach them and how they can lead them. Millennials are seriously unimpressed with outdated, old fashioned companies and management styles.
So, let’s begin by looking at how collaborative working helps to keep millennials engaged.
As the workforce grows to include a much younger demographic, managers and leaders need to change gears from the usual top-down management style of the present and look to inspire using methods of collaboration.
Anyone developing this younger collection of emerging millennials needs to look to engage and more importantly, keep them engaged. As this younger workforce grows, leading Μillennials will require a shift from a style of top-down management to collaborative inspiration.
To be a good millennial leader, you need to keep the lines of communication open constantly to allow your younger employees an opportunity for feedback with regards to any ideas or concerns they have.
Any good leader does, of course, know that learning from your employees is an important skill to develop. As you engage and lead your younger millennial team members, you may be surprised at what you learn.
Most of the younger workforce prefer to work alongside and collaborate with teams and although you may be the company owner or manager, you will be viewed rather more like a captain of the team and a key player, rather than the owner of the team.