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Managing Millenials - A bliss or woe?

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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.

Published in: Leadership & Management
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Managing Millenials - A bliss or woe?

  1. 1. Managing Millenials- A Bliss or Woe? Teewee Ang Future Workforce Advocate @ Rotary Club Aug 2014
  2. 2. Millenial = GenY
  3. 3. Millenial = GenY = Bliss or WOE?
  4. 4. Entitled Spoiled Unmanageable Supremely Confident Lacking Humility Dissatisfied Annoying Unwilling to work
  5. 5. Gen Y or Gen Whine?
  6. 6. Where to Play. How To Win. Millenial vs The World
  7. 7. Who are they? Born 80s -00s
  8. 8. By 2025, 75% global workers will be millenials (#TIME) Who are they? Born 80s -00s
  9. 9. 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
  10. 10. 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
  11. 11. Where to Play. How To Win. Or is it……….
  12. 12. Where to Play. How To Win. You vs Millenials? Or is it……….
  13. 13. Why such Millenials’ behaviour?
  14. 14. Whose Fault Is It? Why such Millenials’ behaviour?
  15. 15. It all started here.
  16. 16. It all started here. WE
  17. 17. WE + Technology It all started here.
  18. 18. A Typical Millenial
  19. 19. Past Parents were authority figures A Typical Millenial Big Family Min. Parental support
  20. 20. Past Small Family Max Parental Support Parents are now friends & supporters Parents were authority figures Present A Typical Millenial Big Family Min. Parental support
  21. 21. Past Few Connections
  22. 22. Past Present Few Connections Many Many Connections
  23. 23. Present Many Many Connections Small Family Max Parental Support Resulting Supreme Confidence > <
  24. 24. So how do we reach our Millenials?
  25. 25. So how do we reach our Millenials? Firstly, Acceptance
  26. 26. 1. There is always an intergenerational conflict
  27. 27. 1. There is always an intergenerational conflict GenX vs Boomers
  28. 28. Why Fight When We Can Love Millenial
  29. 29. 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
  30. 30. 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
  31. 31. 2. It is time to level up our leadership skills!
  32. 32. 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!
  33. 33. Struggling Companies Today To Succeed, Evolution is Inevitable Apple, Starbucks, Samsung, Google, P&G 1. Innovation-centric 2. Societal benefit 3. Social media savvy 4. Others Millenials’ WOES Etc.
  34. 34. Lead Them M.A.D (Make A Difference)
  35. 35. Lead Them M.A.D (Make A Difference) Lets grow with the Millenial Generation!
  36. 36. #1 Discover their passion
  37. 37. #1 Discover their passion 21% of freelancers still in school (#odesk)
  38. 38. 56% millenials won’t accept jobs from companies that ban social media (#Cisco)
  39. 39. 56% millenials won’t accept jobs from companies that ban social media (#Cisco) #2 Rope them to help form communities around our brands.
  40. 40. 63% of millennials donate to charities, 43% volunteer actively, 52% have signed petition (#Deloitte)
  41. 41. 63% of millennials donate to charities, 43% volunteer actively, 52% have signed petition (#Deloitte) #3 Start a social / eco-movement
  42. 42. 1. Great opportunities 2. Embrace the Millenials - Discover their passion - Form communities - Start social movement - Others / etc. Summary
  43. 43. - Enquire about our trainings & - Follow us at FB.com/youngspeaker.org The End

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