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MANAGING MILLENNIALS

Managing Millennials

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MANAGING

MILLENNIALS

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Millennial-proofing your workplaceis one of the most effective ways to manage your multigenerational employees.

CLICK HERE to read the article by Lanng

it’s an important component of helping your business to thrive.

ACCORDING TO CHRISTIAN LANNG, CEO AND CO-FOUNDER OF TRADESHIFT,

essentially means creating a workplace that attracts Millennials, the generation of sharp and talented young people who are just beginning to enter the workforce.

“Millennial-proofing”

HIRE ME!

Training them to become your future managers and leaders is also key to engaging and retaining their talent.

Just recruiting Millennials through cool perks isn’t enough, though.

Deloitte’s 2014 Global Human Capital Trends report shows that

nearly two-thirds of companies aren’t confident that they are helping Millennial employees fully develop their potential.

This is where we come in. Attracting and retaining Millennials doesn’t need to be a mystery.

In fact, there are a few simple strategies that can really kick-start your Millennial management.

While employees used to stick around through it all, unaware of or indifferent to better employment options elsewhere, this isn’t the case any longer.

First, it’s crucial to understand that Millennials don’t operate well under the “command and control” corporate philosophy of the fifties and sixties.

The Millennial generation questions management practices, lives the company mission statement, and is more willing to leave if they disagree with policies.

They’re “knowledge workers” who go where their hearts take them.

THAT’S WHY THE FIRST POINTER FOR MILLENNIAL-PROOFING IS CREATING AN ENVIRONMENT WHERE

proactive questions about current company processes and commands is allowed and even encouraged.

ONCE YOU’VE GOT THAT DOWN,there are three more simple steps to take to Millennial-proof your workplace effectively.

Millennials like to be in the know. Educate them on your company mission and the steps you take to encourage leaders and employees alike to embody your values. Also, allow them to interact with senior leadership. Both management and Millennials will benefit, as you can scope out your brightest Millennial talent while they envision themselves in the driver’s seat.

1. BE TRANSPARENT

A recent study done at UNC’s Kenan-Flagler Business School found that a third of Millennials prioritize “social-media freedom” above salary when considering an employment opportunity. To reflect that value, integrate social media into company marketing and networking processes. That way, you not only allow Millennials to interact on platforms they’re comfortable with, but you update your processes so that you’re ahead of the game.

2. BE MODERN

Millennials like to know that they’re making a difference. This is hard for them to do if they only understand their own role, so teach them about the organization as a whole and brief them on upcoming objectives to help them see the big picture. Also, take their perspectives into account. Millennial employees value communication, flexibility, and mutual respect.

3. BE OPEN

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If these tips weren’t quite what you were looking for, perhaps reading some management advice straight from a Millennial may help.

HERE’S A GREAT PLACE TO START FOR A DIFFERENT PERSPECTIVE.

For more ideas on employee training or leadership development programs,

So there it is, a good start to Millennial-proofing your workplace.

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O.C. TANNER AND THE O.C. TANNER INSTITUTE

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