By Bala Sathyanarayanan
The Bureau of Labor Statistics’ numbers reveal that Millennials represent the largest generation in our workforce today, This means leadership positions will be filled by the very same Millennials by 2020.
As you get ready to scale great heights under this new leadership and build a diverse workforce that will take you to the next big milestone, you cannot overlook the importance of attracting, retaining and drawing out the best from this generation.
To be successful, you must look at three characteristics that are unique to this generation, and understand how they can create success:
- Millennials are fast-paced, they want it now and will go that extra mile: What it means to managers is that Millennials seek a wealth of learning and lateral moves. This also makes them extremely willing to explore multiple disciplines over the course of their career.
- They are used to constant feedback and work structure: They have been raised in an environment where their actions are measured against results. Having regular check-points is the need of the day when it comes to Millennials. The payoff is high accountability, and result-oriented performance from their end.
- They thrive in collaboration and diversity: Millennials embrace diversity and have been working on team building activities since childhood. Their social networks are global and they are savvy users of technology. As you aim to go global as an organization, and as you make technological advances, this attribute makes Millennials ready for the workplace of the future.
So there you have it. Their tribe is everywhere. They will challenge themselves and explore. All they ask for is feedback, and what they possess is the skill to work in a diverse, global and virtual environment.
At Xerox, our belief in diversity as a business need, and a powerful employee value proposition, has led us to embrace and advance a multigenerational workforce. Going forward, our focus will only intensify because that is real business.
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