Millennials recently surpassed Baby Boomers as the nation’s largest living generation, according to last month’s report by the U.S. Census Bureau. Millennials, ages 18-34, now number 75.4 million - and account for the largest generation in the US workforce.
Geezers like me have all kinds of biases and stereotypes about this generation. I often view them as lazy, entitled, overly sensitive, financially irresponsible and just whiny. It has become fashionable to commiserate about their needy work habits, constant job hopping and "center of the universe" attitude.
Unfortunately, this thinking is just wrong and counterproductive. Yes – they are different (very) from me and my Baby Boomer buddies. However, by dismissing them as inferior workers, we are actually shooting ourselves and our organizations in the foot. They are here and they are big. We need to deal with it - by adapting our management style to them. They won’t be adapting to us.
To be successful, our role as leaders and business owners is to cultivate the real talent and contribution millennials can bring. Through understanding and adjusting our management approach to this demographic, we can breathe new life into the engagement of the largest generation working for us.
I invite you to check out below How Millennials Want to Work and Live, a comprehensive multi-year study by Gallup. The full report is 150 pages, so I have provided you with a link to the Gallup’s Overview below. You are probably too busy to read the full report because you have to cover for one of your 20-Something employees (just kidding).
If you want to learn more about how to manage your diverse people and teams to produce the right business results, call me today at (702) 838-8413.
All the best!