the Millennialsworldmillworkalliance.com/.../TLC-Millennials-WMA... · é 2 Silent 1933 - 1945 Gen...

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the Millennials preparing a new generation for leadership success Diane Thielfoldt The Learning Café All Rights Reserved. Copying, reproduction, modification, distribution, display or transmission of any of the contents of this presentation for any purpose without prior written consent of Diane Thielfoldt-The Learning Café is strictly prohibited

Transcript of the Millennialsworldmillworkalliance.com/.../TLC-Millennials-WMA... · é 2 Silent 1933 - 1945 Gen...

Page 1: the Millennialsworldmillworkalliance.com/.../TLC-Millennials-WMA... · é 2 Silent 1933 - 1945 Gen X 1965 - 1979 Millennials 1980 - 1999 Boomers 1946 - 1964 iGen 2000 > the 2016 workforce

the Millennials

preparing a new generation for leadership success

Diane Thielfoldt

The Learning CaféAll Rights Reserved.

Copying, reproduction, modification, distribution, display or transmission of any of the contents of this presentation

for any purpose without prior written consent of Diane Thielfoldt-The Learning Café is strictly prohibited

Page 2: the Millennialsworldmillworkalliance.com/.../TLC-Millennials-WMA... · é 2 Silent 1933 - 1945 Gen X 1965 - 1979 Millennials 1980 - 1999 Boomers 1946 - 1964 iGen 2000 > the 2016 workforce

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Silent1933 - 1945

Gen X1965 - 1979

Millennials1980 - 1999

Boomers1946 - 1964

iGen2000 >

the 2016

workforce

The generations at work – Silents, Boomers, Xers,

Millennials. Not better, not worse – just different!

#verydifferent

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Millennials

Millennials are the largest and most influential adult population

and the most traditionally diverse generation in history.

#morethanoneinthree, #75in25

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“Born as an economic slump ended, markets boomed, and communism collapsed. The first Internet generation.”

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the

Millennials1980 – 1999

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conf ident Diverse & inclusive

Most educated

Issue-oriented

tech

-savvy

peer-oriented

Hard working,

high expectations Coddled,

cocooned,

chauffeuredAccomplishment

& achievement oriented

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the Millennials

Brought up during the “empowerment years” where everyone won and on one lost. Raised by parents who nurtured and structured their lives, drawn to their families for safety and security.

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growing up

Laptops / Tablets

Cell phones

Google / Wikipedia

Internet

iPod

Social Networks

first “real” job

preferences

Cool

Text, IM, Social Media

Fast, efficient, techy

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the

Millennials

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the

Millennials

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Their world has always been flat, connected, diverse

and democratic.

the Millennials

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Mercer Generational Insights

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Younger workers are generally more satisfied with their organizations and much more likely to be considering an exit.

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Millennials

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Millennials are experience hoppers;

not job hoppers.

#employabilitynotemployment

the Millennials

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“Millennial workers are ambitious and strive for

financial success,

88% prefer a collaborative

work structureto a competitive one.”

#teamwork

Forbes: 10 Ways Millennials Are Creating the Future of Work

the

Millennials

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shifting demographics

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90% of Millennials prefer to work at

a time of their choice.

#flexibilitymotivates

the Millennials

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83% of Millennials

are actively engaged

when:

They believe their

organization fosters

an inclusive culture;

a culture of individualism,

collaboration, teamwork,

and innovation.

#inclusive

Deloitte University

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the Millennials

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“By 2020, Millennials will make up 50% of the

global workforce; a plan to recruit, engage and

retain the best and brightest is critical to your

business’ long-term success.”

Neil Manji, PwC Toronto

the Millennials

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“You can make an impact.”

messages matter

recruit, engage, retain

“Lots of flexibility” “You will learn, grow & develop”

Emphasize team & teamwork “There’s challenge and variety.”

“You won’t be bored.”

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Training and development is

the #1 perk Millennials seek when evaluating

prospective employers.

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Money matters to

Millennials but not as

much as opportunity.

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1. Challenging,

stimulating, varied work

2. Learn, grow & develop

3. Appreciated

4. Making a difference

5. Autonomy

6. Enjoyable environment

7. Work-Life balance

8. Pay

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recruit, engage,retain

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Set expectations

Give a lot of feedback

Personalize the conversation

Challenging work

Create an informal environment

Answer the Why?

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coaching counts

17Millennials are not always work ready.

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Enjoyable work environment

Create community, value inclusion

Commit to teaching & learning

retention realities

Express appreciation

Celebrate Success

be a Good Boss!

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recruit,

engage,

retain

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• Guides my decision making

• Expresses appreciation

• Provides structure

• Stretches & challenges me

• Exposes me to senior leaders

• Creates an informal & fun environment

• Encourages teamwork & collaboration

• Leverages my social skills

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millennials describe

a good boss . . .

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Millennials want to

experience-hop not job-hop.

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Millennials will give their

loyalty and discretionary

effort to those who foster

growth, show appreciation,

share a compelling vision

and are trustworthy.

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attract, engage, retain Millennials

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28% of Millennials are in formal leadership roles.

-- PayScale.com

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Millennials take the lead

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20% of midlevel

corporate employees

now report to a boss

who is younger than

they are.

-- Pitney Bowes

Millennials

take the lead

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3

Use technology to gain speed

and efficiency

Effortless multitaskers who

move rapidly among tasks /

topics

Connected communication,

networking and social networks

what comes easily for millennial leaders?

Millennials take the lead

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2

3

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3

Supervise and gain respect

of older team members

Acquire and use basic

management skills

Understand and deal with

hierarchy, bureaucracy, and

status quo

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what’s more difficult or challenging?

Millennials take the lead

1

2

3

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Page 25: the Millennialsworldmillworkalliance.com/.../TLC-Millennials-WMA... · é 2 Silent 1933 - 1945 Gen X 1965 - 1979 Millennials 1980 - 1999 Boomers 1946 - 1964 iGen 2000 > the 2016 workforce

1 Challenge: Supervise and gain

respect of older team members

Build rapport

Create trust

Be visible and available

Understand differences

in workstyle & lifestyle

millennials take the lead

1

Coach

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2 Challenge: Acquire and use

basic management skills

Train & develop: delegation,

feedback, performance

review

Provide practical job aids:

talk tracks, how to’s, tips

Develop emotional

intelligence and business

acumen

millennials take the lead

Coach

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3Challenge: Understand and

deal with hierarchy,

bureaucracy and the status quo

Increase their influencing skills

Coach on the “why” (history

and context)

Build their business savvy

Connect them with

successful change agents

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millennials take the lead

Coach

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coaching the gap

Millennial Leaders often benefit from coaching.

Building credibility

Building trust worthiness

Gaining visibility

Making decisions Critical thinking skills

Managing ambiguity

Emotional intelligence

Office “politics”

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“We are hungry, we are ready, willing to work; we are ambitious.

We want to make change.”

Millennials take the lead

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take it back

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Examine demographics

Leverage gen assets

Think flex culture

Hire & Onboard

Coach & Mentor

Share Knowledge

Get Gen Ready: Tips, Tools, Techniques

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The things that we share in our world are far more valuable than

those which divide us.

Kelsie, Will, Brad, Mac and Dianethank you.

Diane [email protected]

843.471.2374

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The

Learning

Café

thanks

you!

© The Learning Café