“While technology is young people's oxygen, risk may be their carbon monoxide," stated Inc. magazine, in its May 2015. This statement was a clear response to the decrease of upstart entrepreneurs in this generation as opposed to other generations. According to the magazine, young people (25-35 years old) launched 35 percent of start ups in 1996, young people start ups only made up 18 percent of the market in 2014. Indeed, although innovative and team-oriented, Millennials may be the most risk-averse generation. But why?
Originally posted on TD.org on January 22, 2015
There is a misconception going around the “management water cooler” about how to motivate Millennials in the workplace. Many organizations think Millennials can be won over and motivated with flexible work packages, higher salaries, and great benefits. These aren’t bad ideas, and I’m sure many Millennials will thank you and ask for more (and more). But, this is not what actually motivates the Millennial worker—and it probably won’t get them to stay with your organization.
Originally posted on TD.org in ATD's Management Community
Although Millennials may think they come to the workforce primed and ready to go, needing little to no development, they would be wrong (and I’m a recovering Millennial so I can say that). We all need development, and we all need help identifying strengths and identifying ways to neutralize our weaknesses.
Here is a list of eight areas of development for you, as a manager, to work on with your Millennials in 2015.