managing millenials - a bliss or woe?

Post on 05-Dec-2014

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Much has been said about the Millennial generation, also commonly known as Generation Y, but do we really know how to bring out the best in them? Surpassing even baby boomers in number globally; The Millennials are making their mark in a lot ways. They have different dreams. They are changing how things work and the workplace is where they are having the biggest impact. • Mindset of the Millennial. Appreciate the differences and similarities in our Millennials’ mindset. • Inevitable changes in our business world. Evaluate the evolution of business climate due to the new workforce. • Opportunities with the Millennial workforce. Explore how we can bring out the best in our future workforce.

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Managing Millenials- A Bliss or Woe?

Teewee AngFuture Workforce Advocate

@ Rotary Club Aug 2014

Millenial = GenY

Millenial = GenY =Bliss or WOE?

Entitled

Spoiled

Unmanageable

Supremely Confident

Lacking Humility

Dissatisfied

Annoying

Unwilling to work

Gen Y or Gen Whine?

Where to Play. How To Win.

Millenial vs The World

Who are they? Born 80s -00s

By 2025, 75% global workers will be millenials (#TIME)

Who are they? Born 80s -00s

By 2025, 75% global workers will be millenials (#TIME)

70% millenials want to work independently than being employed (#Deloitte)

Who are they? Born 80s -00s

By 2025, 75% global workers will be millenials (#TIME)

70% millenials want to work independently than being employed (#Deloitte)

87% of millenials took on management roles vs GenX (38%) and Boomers (19%) in last 5 years (#EY)

Who are they? Born 80s -00s

Where to Play. How To Win.

Or is it……….

Where to Play. How To Win.

You vs Millenials?

Or is it……….

Why such Millenials’ behaviour?

Whose Fault Is It?

Why such Millenials’ behaviour?

It all started here.

It all started here.

WE

WE+ Technology

It all started here.

A Typical Millenial

Past

Parents were authority figures

A Typical Millenial

Big FamilyMin. Parental

support

Past

Small Family Max Parental Support

Parents are now friends & supporters

Parents were authority figures

Present

A Typical Millenial

Big FamilyMin. Parental

support

Past

Few Connections

Past Present

Few ConnectionsMany Many Connections

Present

Many Many Connections

Small FamilyMax Parental

Support

Resulting Supreme

Confidence

> <

So how do we reach our Millenials?

So how do we reach our Millenials?

Firstly, Acceptance

1. There is always an intergenerational conflict

1. There is always an intergenerational conflict

GenX vs Boomers

Why Fight When We Can Love

Millenial

They are social & eco conscious

They love an idea powered culture

They really want to make a difference

Why Fight When We Can Love

Millenial

They are social & eco conscious

They love an idea powered culture

They really want to make a difference

Why Fight When We Can Love

They have work-life integration

They look for community

They seek truth

Millenial

2. It is time to level up our leadership skills!

Lao Tzu

A leader is best when people barely know he exists, when his work is done, his aim fulfilled, they will say: we did it ourselves.

2. It is time to level up our leadership skills!

Struggling Companies

Today

To Succeed, Evolution is Inevitable

Apple, Starbucks, Samsung, Google, P&G1. Innovation-centric2. Societal benefit3. Social media savvy4. Others

Millenials’ WOES

Etc.

Lead Them M.A.D(Make A Difference)

Lead Them M.A.D(Make A Difference)

Lets grow with the Millenial Generation!

#1 Discover their passion

#1 Discover their passion

21% of freelancers still in school (#odesk)

56% millenials won’t accept jobs from companies that ban social

media (#Cisco)

56% millenials won’t accept jobs from companies that ban social

media (#Cisco)

#2 Rope them to help form communities around our brands.

63% of millennials donate to charities, 43% volunteer actively, 52% have signed petition (#Deloitte)

63% of millennials donate to charities, 43% volunteer actively, 52% have signed petition (#Deloitte)

#3 Start a social / eco-movement

1. Great opportunities2. Embrace the Millenials

- Discover their passion- Form communities

- Start social movement- Others / etc.

Summary

- Enquire about our trainings&

- Follow us at FB.com/youngspeaker.org

The End

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