Sustaining Future Growth With Millennial Leaders Infographic
The coming decade will experience significant changes in the metrics that define organizational success though this is not without precedent. As a new generation of professionals take over leadership positions after their predecessors retire, there appears to be a shift and realignment of organizational priorities with regard to business growth and success which will be integral in the coming decade. In fact, it is millennials and their close association with both technology and sustainability that looks to alter traditional approaches to organizational functions.
Success is no longer measured in overall profit margins and cost management policies due to the nature of business itself. Millennial leaders recognize this from an early age and aim to cultivate this into their career trajectory to be able to transition into leadership roles more effectively. This is even more true for organizations which must recognize this to keep pace with the times and the shifting nature of the corporate world. There seems to be an emphasis on organizational retention and development of the self, company and the community they operate in. “Transformational leadership” is a huge factor for millennials when it comes to job satisfaction and will be expected to deliver the same to their subordinates after they assume certain key leadership positions in the coming years. We have created an infographic detailing some of the behaviors of millennials in the current business setting, giving you room to assess the changes that must be made for both your organization or your alignment to the formulas for professional success in the coming years.
How Millennials Think
More than 53 Million Millennials in 2018 in USA:
- Plan to change employer every year 73%
- Want to be leaders 91%
- Wants a collaborative work culture 88%
- See leadership as "Empowering others to succeed" 50%
- Want to improve their leadership skills 63%
- Will resign from their current companies in the next 2 years 44%
- Needs a creative, inclusive workplace 76%
- Aspire to be "Transformational Leaders"
- Want a "work from home" or "work remotely" policy 75%
Across the world, millennials are surging ahead into leadership roles, as their predecessors retire.
Q. How can HR handle this transformation?
Q. What drives them and where do their priorities lie?