Category: Generational Gaps

Employee Development in the Virtual Workplace Matters Now More Than Ever

Employee development really matters. It always has. But now look at this: we’re all working remotely, interacting virtually, and dealing with uncertainty, stress, and anxiety surrounding the pandemic. It’s never been more important to invest in employee development, especially for the younger generations, Millennials and Gen Zs. They want to matter in the workplace and want a career plan. We all did. How do we know all this? Easy, we just asked them! They’re human beings, too.

In Deloitte’s recent Global Millennial Survey, they found that 41% of Millennials and 43% of Gen Zs expressed concern over their longer-term financial future. Similarly, 40% of Millennials and 46% of Gen Zs worried about their job or career prospects. From start-ups to Fortune 500 companies, in diving deeper, they discovered that respondents felt less confident that they possessed all of the skills and knowledge necessary for future success.

Guess what employers – you have to be the guide! As an employer, it’s your job to make sure your people get what they need from your organization. And organizations that provide that support outperform their counterparts. It does not just happen and how you do training and mentoring matters. Good news, while the Deloitte survey found that companies are doing a better job of this (with 65% of Millennials and 68% of Gen Zs saying their employers are providing enough support in this area) we need to be doing more to win. Investing in your people is one of the key ways to make sure your organization not only survives this pandemic but thrives in the world that comes after.

At launchbox, here is how we help. We know each client is different and they need customized products and solutions to reach their goals. Increase your employee development offerings in the months ahead with these 3 simple ways to give your people what they need and want to achieve success:

 

Virtual Workshops

In this disconnected world, help your team pull together to solve the disconnect because we can’t afford for our people to be anything other than highly engaged in the workplace. We need them to bring their best selves to work every day. Offer a transformative system that will help your team find, build, and share connection. Then empower them through simple and unique tools and strategies to own their growth and get to that next level.

 

On-Demand Training

We’ve worked with thousands of young Millennials and Gen Zs and if there’s one thing we know about them, it’s this: they want things on their own terms. And that includes access to employee development training. MEET THEM WHERE THEY ARE. Try a system for coaching and mentoring that is sustainable over time. We use virtual training systems that employees can access anywhere on-demand called Hooga, however, just make sure they can access people when they need help. Help your people figure out how to work from the inside out, to discover who they are, and the value they have to contribute to the world. Then show them how to use their learnings about their own Strengths & Story to connect with others and build better relationships. Ask us how you can try Hooga for free today!

 

Individual One-on-One Coaching

For the employee, manager, or executive who desires to take their development to the next level, we believe in direct individual or group high-performance coaching that is tailored to the needs of the individual. Make sure you place an emphasis on creating a connection to self first, so they can then build the tools to win with others. Through one-on-one coaching you will help them discover, develop, and articulate their own impact: we call it Strengths & Story. Once you help them become self-reliant and create the work competency of knowing who they are, you can believe they will better connect to coworkers, team, boss, clients, etc. to deliver value and create greater impact for them and you.

 

The world as we knew it has changed. It’s time for us to step up and invest in developing next-generation leaders within our own organizations. We are here to help! If you’re not sure how to start, click here to reach out and book a free call with us.

Connecting in the Virtual Workplace: B.R.I.D.G.E. the Gap

Now the need for connected and engaged workforces has never been greater, thanks to COVID-19! Remote and separate work is killing us. Our 5-year focus has been connecting the generations in the workplace. We developed a winning workplace formula to connect the Millennials, Gen Zs, and every generation. B.R.I.D.G.E. the Gap.

Companies of all sizes and shapes around the world are now forced to confront heightened culture issues inside the workplace.  The need for a system to help them B.R.I.D.G.E. the gap around generation, gender, race, religion, whatever, is daunting. Our workplace connection system is guaranteed to work when companies authentically believe and deploy it.

FACT: The most important life/work skill is relationship building. The ability to build relationships is your connection currency. B.R.I.D.G.E. is a 6-step framework that solves today’s most challenging workplace issues. Learn more about how to B.R.I.D.G.E. the Generation and Diversity Gap below and if you’d like help implementing, reach out to us.

B.R.I.D.G.E. the Gap in Your Workplace

 

B: Bust Myths

No matter what specific challenge you’re facing in your workplace, it starts by checking your assumptions at the door. We all buy in to myths, biases and beliefs about the people we work with that may or may not be true. But make a commitment right here, right now, to stop placing people in a box. Instead, lean in and really listen. Understand and welcome that diversity, it creates better business results – just check out this study from Deloitte. If you connect to yourself by busting myths you are free to inquire and listen to your own strengths.  Once you understand yourself, you’re ready to engage with others to find the strengths in them. Busting myths starts with understanding and identifying what people are really bringing to the table – not the baggage or labels you’ve assigned to them.  That is what leaders that transform the workplace do.

R: Real Deal

Authenticity and trust are two of the most important ingredients for creating strong relationships and real leadership. And, now that we’re all working remote and dealing with the uncertainty, anxiety, and frustration of life during a pandemic, it’s become more important than ever that your workplace colleagues know you’re there for them. Be interested and interesting.  Care and put in the effort to be vulnerable.  It pays in connection currency.  Stop making excuses and blaming others (colleagues, friends, etc.) and start becoming genuinely interested in your team, their ideas, solutions, and strategies. Challenge yourself to learn as much as you can about everyone: What makes them tick? What motivates them? What inspires them?  What are their goals? Simply ask great questions and then go deeper to form rock-solid relationships.  My 19-year-old son told me this week that the greatest gift I gave him was the ability to understand, practice, and shape question asking. He said with that he could enter any room of 200 and find something in common with every person and build relationships.  Now I want to test that skill.  Anyone have a room of 200 during COVID?

I: I Own It

Let’s face it: it’s easier to blame others and make it someone else’s problem when you don’t have to hang out with them in the break room or stare at their cubicle all day. But real leaders step up and own their side of the street. When things go wrong, take responsibility. And when things go right, own that too. You must have personal accountability in everything you do if you want others to own their stuff, grow, change, and show up differently.  You want to change the world change yourself because what happens to you is because of you.

D: Deliver Value

If you’re familiar with my views, you know I’m always talking about delivering value to others. Without that, you’re dead to me and everyone else. Value is a big freakin’ deal! I believe if you show up, serve, and focus on how to consistently give values to others, your life and your results will change tremendously. So how do you personally connect, mentor, lead, motivate, engage, and add value to those around you? Where are you crushing it and where could you do better? And has it changed since the pandemic began? When will you recapture some of the magic you had before you went remote? And, how?

G: Goals in Mind

In the virtual workplace, it’s more important than ever that people have a clear sense of what a company’s goals are and what the vision is for the future. A shared vision and shared goals allow people to get into alignment with each other, regardless of their differences or past experiences. If you’re a leader, it’s up to you to create that vision and then lead with transparency and purpose. If you’re a team member, check in with yourself and ask great questions like: How does what I do help achieve the company’s goals? Why am I important to the company? Most importantly, given the radical changes we’ve gone through, what goals in mind do you have for workforce development?  Now more than ever, adapting to change in economies is not just about cost-cutting and risk assessment, it’s about finding and training the right leaders that will persevere in the new uncertainty. DO you have a system for that goal? If so, it better relate to connecting people.

E: Empower Success

Our signature program, Strengths & Story, centers on helping individuals discover and articulate their own strengths to others. Why do we focus on highlighting strengths rather than correcting weaknesses? Because we want to empower people and help them discover what is already special about them. Everyone has their own innate superpowers so help your team recognize and cultivate their gifts. Then, celebrate them when they succeed!

 

As we went through the B.R.I.D.G.E. acronym, I hope you noticed that even though we’re using B.R.I.D.G.E. as a means to close the gap between self and others, we kept the focus on the self – specifically, on you! That’s no accident. The only person we can control in all situations in ourselves. So creating change and getting the results we want starts with us doing the work from the inside out. If you need help stepping up and becoming the leader you want to be, we offer personalized, on-demand coaching. Contact us to learn more about what we can do for you and your team!

How Millennials and Gen Zs Are Navigating the Pandemic: Stress and Resilience Revisited for the Young

Each year, Deloitte releases their annual survey about the youngest generations in the workforce, Millennials and Gen Zs. I look forward to their report because it’s full of valuable research and statistics we use to inform much of the work we do here at launchbox by bridging the gaps with our clients.

Conducting a study of this size and magnitude is a serious undertaking that takes months and months of work. So what do you do when a global pandemic arrives and changes the world as we know it almost overnight? If you’re Deloitte, you take your original research and back it up with a pulse survey to see how some of the original respondents are faring amidst extreme change. Then, you use that data to publish a survey that offers one of the most informative and well-researched pictures of how young people are doing at work and at home even as they face an uncertain future.

Hint: they’re doing better than a lot of us would have thought. And the younger they are, the better they’re doing with uncertainty.

Below, we break down some of the key findings in the 2020 Deloitte survey and what this means for employers who are struggling to connect their remote employees to each other and their teams.

 

Key Finding #1: Millennials and Gen Zs Are Less Stressed Now Than They Were and That Means No More Business as Usual

Deloitte’s original survey was conducted between November 2019 and the early weeks of 2020. In that survey, 48% of Gen Z respondents and 44% of Millennial respondents reported that they were “stressed all or most of the time.” But in the pulse survey Deloitte conducted in April and May of 2020, they discovered an 8% decrease in stress for both generations. This is despite the fact that about 25-30% of respondents actually lost their jobs as a result of the pandemic. Pretty crazy what a huge reset will do to a generation or two.

What does this mean for employers? It means that many of your younger employees aren’t going to want to go back to business as the old usual. For some, the pandemic has had measurable benefits and they’re going to want to keep them. Things like the ability to work remote, flexible schedules, a reduction in calendar obligations, and more. 69% of Millennials and 64% of Gen Zs reported that they believe having the option to work from home in the future would relieve stress. After the pandemic is over, 64% of Millennials and 60% of Gen Zs said they would like the option to work from a remote location from frequently. So as an employer, ask your people what they want from you and their workplace. What parts of life pre-pandemic do they miss? And what do they hope stays in the past? We know they miss connection – look at the bars! However, do they need work connection 24/7 like we thought? No. They want to be trusted and also have more control and freedom about how and where they live and work. Pandora’s box is open.

 

Key Finding #2: Job Loyalty is Increasing Amongst the Younger Generations

A common complaint I hear from the older generations is that Millennials and Gen Zs “aren’t loyal.” They job hop a lot and when something’s not working for them, they are quick to seek alternative employment rather than stick it out to see if it improves. It’s one thing I love about the youth – they refuse to settle for anything less than what they think they deserve.

Yet in Deloitte’s primary survey, and contrary to popular belief, “more millennials said they’d like to stay with their employers for at least five years than would prefer to leave within two years.” In fact, just 31% of Millennials respondents to the primary survey shared that they intend to leave their current employment within the next two years, down from 49% in 2019! Interesting because we are seeing this with our clients too. They really want more safety and belonging. If you trust them and grow them, they will want to stay. Imagine that.

Deloitte hypothesized that the increase in job loyalty amongst the younger generations is due to their employers doing a better job addressing their needs, creating a diverse and inclusive working environment, and supporting their development through training and mentorship, among other factors. Across both generations, 71% of respondents felt that their employers were doing a fairly good job at creating a working environment that is inclusive and diverse. And roughly 70% of Millennial and Gen Z respondents felt their employer was making a positive impact on the local community. As an employer, pay close attention to these findings. We know that some of the things young people want from their employers include opportunities to learn and grow, transparency, real-deal authentic communication, and purpose and contribution. Make sure you have a system in place that gives your people what they want. Need help? Reach out to us – we have actionable tips and hacks that will help you create that system inside your business.

 

Key Finding #3: The Pandemic Has Increased Individual Responsibility and Empathy

If there’s one thing we can all agree on about the pandemic, it’s that we’ve all been affected in one way or another. Some of us dramatically, others marginally. Yet the coronavirus pandemic has emerged as one of the defining moments in living history, uniting us against a common enemy. For our young people, it’s had the positive effects of increasing their empathy for others and encouraging them to get more involved in supporting their local community. In Deloitte’s pulse survey, 75% of respondents across both generations reported, “once restrictions are lifted, they will take actions that have a positive impact on their communities. Seven in ten said they already have done so.” Three-quarters of respondents also mentioned that the pandemic had made them more aware of and sympathetic towards the needs of different people around the world.

What does this mean for employers? It means your younger generations, who were already pre-disposed to wanting to make a difference by doing work that matters, have had their innate generational desire towards purpose and contribution reinforced by recent events. Which means you really have to get this right with them! You need to connect them to their purpose, help them see that the work they’re doing matters, and give them the tools to create impact for others. It’s a tall order, but we think you’re up to the challenge. And we recently launched a new virtual product, Strengths & Story, to help. Your employees will learn how to identify their strengths and connect to their story so they can create an impact that matters. Contact us to learn more about getting access to this product for your team.

 

Click Here to Read the Full 2020 Survey From Deloitte

 

Did any of these key findings surprise you? Are their areas you know you need help in? We’re here for you. We’ve helped companies from start-up to Fortune 500 bridge the gap in their workplaces and solve for success. Reach out to us to claim your complimentary call and learn what we can do to help you succeed!

What Your Millennial and Gen Z Employees Need From You Right Now

For the younger generations, Millennials and Gen Z, the effects of the COVID-19 pandemic will be particularly profound. For some of them, too young to feel the full weight of other recent, life-changing events like 9-11 and the 2008 market and jobs crash, this pandemic is their first exposure to real hardship. And, the most profound hardship most of us for any generation have experienced; it’s taking away the in-person human connection that is our primary source for safety and belonging. For other generations, the effects of the last recession, 9/11, wars, swine flu, still haven’t faded away.

As the employer and future employer, to the next leaders of our world and your workforce, you must truly understand this younger generation’s experience. And what they need from you in the workplace or the marketplace. They currently account for 38% of the workforce and by the end of the decade, 58% of employees will be either a Millennial or a Gen Z. If you and your business want to continue to survive and thrive in the new world of work, it’s not an option to ignore the needs of the younger generations and the effects the pandemic is having on them. You must meet them where they are and give them what they want in order to build your high-performance team and extend their reach to connecting with your clients. These generations actually account for 3 trillion dollars worth of annual spending!

Really, what Millennials or Gen Z employees want from their employers is no different than what any of us want. They just tend to be more vocal about it and more insistent that they get the support they’re seeking. This is one reason I love working with young people – they are absolutely determined to make it a better world and they’re not shy about going after it.

To help your Millennial and Gen Zs learn to be resilient from all the change we’ve had over the past few months and thrive, focus on these simple things:

 

Help Them Feel Safe

This is a big one and we covered it in our last blog. People need to feel safe at work. Physically safe (make sure they know the steps you’re taking to protect them from the virus), but also emotionally and psychologically safe. They need to know the workplace is a safe place to speak up, to tell it like it is, and to call out toxic or damaging behaviors. The depth and spread of the #MeToo and #BlackLivesMatter movements have shown how much the younger generations value creating spaces of inclusivity, equality, and safety. As I tell all of my clients, listen and listen like a trampoline, meaning bounce back with even better questions.

 

Help Them Feel Like They Belong

We all want to feel like we’re part of something that matters and again, Millennials and Gen Zs are no different. They place a high value on finding workplaces that allow them to do work that is meaningful. And it’s up to you to make sure they can clearly see how their work has meaning and how it’s contributing to your overall organizational goals. If you need help, we’re here. We’ve helped hundreds of organizations and teams solve the crisis of disengagement by helping connect team members to their personal and professional purposes (their why) threaded to your corporate missions through our flagship online program, Strengths & Story.

 

Provide Access to Mentoring and Coaching Opportunities

Though COVID-19 has done away with a lot of our traditional ways of providing professional development through the method of sending our people off to workshops and conferences, the younger generations were craving something different even before the pandemic. In a recent blog, we discussed how today’s young workers want the freedom and flexibility to seek out their own mentors and coaches, to learn on demand and in the way that suits them, sometimes even informally. They also need to take ownership in their mentoring relationships. With our teams working remotely and feeling isolated, helping your young people access new mentoring and coaching opportunities and techniques is critical.

To help, we recently launched our online portal, Hooga, to provide a virtual and on-demand coaching options for your people to learn the principles of our Strengths & Story workshops. Reach out to us to find out how you can get access!

 

Show Them How to Build Resilience

With all the uncertainty and stress that’s invaded our lives recently, one of the most important things Millennial and Gen Z employees need from you is to learn how to build and cultivate their own resilience. Sometimes called “grit” but even deeper, a person’s resilience is simply a measure of their ability to bounce back quickly when things get tough. And things have never been tougher for our workers than the challenges of COVID-19.

We have a 3-step system you can use to help them build better resilience. Click here to check it out now.

 

Reskill Them on Emotional Intelligence

Emotional Intelligence is key for success in the future world of work. And with so much stress, anxiety, and uncertainty, people need people. We need to feel connected to each other and that we have strong relationships, whether it’s with our bosses, coworkers, clients, or friends and family. Make sure your younger employees are equipped with the skills they need to up their game when it comes to their own Emotional Intelligence. Learn how to reskill them and coach them on Emotional Intelligence here.

 

Your Millennial and Gen Z employees need you to step up and help them in the wake of COVID-19. Start here with these five ideas. If you need help implementing any of the above strategies or would like a personalized recommendation for your team, reach out to us to learn how we can support you to success.

Don’t Overlook the ‘Middle Child’, Gen X

Don't overlook Gen X

Sometimes, when evaluating millennials, we overlook Gen X. This generation not only raised many young millennials but they have become successful business people themselves. Gen X is often referred to as the ‘awkward middle child’ between Baby Boomers and Millennials, but it is important for us to stop and examine their successes as well. The differences between millennials, gen x, and boomers is interesting and points at the gap that we are trying to bridge!

http://money.cnn.com/2014/06/30/news/economy/gen-x/index.html?iid=TL_Popular