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Enterprises worldwide are facing unprecedented challenges, leading to an increased enthusiasm for innovation and growth. One such challenge is the growing influence and role Millennials are playing in the organisation. Being a millennial is much more than a birthdate: It’s a mindset for the 21st Century. Leaders and enterprises need to accept, understand and embrace the characteristics and values of the Millennial Generation if they are to remaining competitive in the today’s ‘perpetual whitewater’ business environment. WhiteWater Vision presents an entertaining and insightful presentation and workshop on Millennial leadership styles, and how they differ to Boomer leadership styles. This program is led by Professor David Buisson (Boomer) and Rowan Grant (Millennial).
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Millennial Leadership: The New Mindset Boomer and Millennial Views
Presented by
Professor David Buisson and Rowan Grant
Contrasting worlds: ‘Boomer’ experience and ‘Millennial’ ideals
Who are the Millennials?
The Millennials
Ethnically Diverse
Team Players
Optimistic
Rule Followers
Socially Responsible
Well Educated
Achievement Oriented
Source: Howe and Strauss, 2000. Boston College, 2012
Introducing the Generations: ‘Millennials’ and their ‘Boomer’ parents
Boomer Leaders Millennial Leaders
Big Business Micro Enterprise
Financial Growth Growth of Impact
Individualism Collaboration
Shareholder Value Shared Value
Millennial Leadership styles: Different to ‘Boomers’, and sometimes in conflict
• Thinking globally
• Building alliances and
partnerships
• Cross cultural diversity
• Technological savvy
• Sharing leadership
• Learning agility
Managers of today: Leading through the ‘perpetual whitewater’
1880
1980 1990
2010
Industrial Revolution
Computer Revolution
Internet Revolution
Information Revolution
Participative
Revolution
2020
The Information Revolution was so last decade: Welcome to the Participative Revolution
Intelligence
It's dangerous to follow dumb people.
Courage
People won’t follow you when you’re hiding behind them.
Restlessness ‘He who follows the status quo shall become great’ #said.no.one.ever
Plato’s three attributes of Leadership: More relevant today than at any other time in history
Millennial Leaders are those who drive change through their use of cutting-edge technology. Millennial Leaders participate in solving local and global challenges.
- José María Álvarez-Pallete, COO Telefonica
Characteristics of a Millennial Leader
Passionate
Restless
Collaborative
Socially Responsible
Technically Savvy
Adaptable
Willing to Improve
Millennial Leadership: A mindset for the 21st Century, not just a birthdate
• Why leadership and followership have changed over time
• Cultural evolution and technological revolution
• The balance of power between leaders and followers has shifted—with leaders becoming weaker and followers stronger.
Leadership into Followership: Today’s management must change with it
• Millennials need help from other generations
What’s Required?
• Leadership assignments, training and coaching
• Assignment rotation (12-24mths)
• The Corporate Lattice
Millennials want leadership: But we know we aren’t ready for it
- Julian Birkinshaw, London Business School
What would management look like if we defined it around the needs, fears and aspirations of our employees?
Employee-centred Management: Changing the culture of leadership in organisations
Positive Deviance: Spotting hidden innovations in development work.
Finding the positive deviant: How to grow with them
• Somewhere in your organisation, groups of people are already doing things differently and better.
• To create lasting change, find areas of positive deviance and fan their flames.
The Participative Revolution: Awakening latent talents
Organisations must embrace openness, diversity and inclusion to attract and retain top talent.
Millennials’ values: Open, transparent and innovative leadership
© 2010, Future Workplace
FutureWorkplace: Working side by side in 2020.
90m
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TRADITIONALISTS
BABYBOOMER
S
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ERATIONX
MILLENNIALS
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>1946 >1964 >1976 >1997 1997-?
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1997 - ?
Five Generations in the workplace: Is your organisation prepared to manage expectations?