Category: GenY

3 Hacks to Guarantee Success in the Multi – Generational & Diverse Workplace

What does it take to really bridge the gap in the multi-generational workplace? To transcend age, culture, diversity, and experience? To overcome everything that pulls us apart in order to pull teams together and crush it in the workplace?

We’ve spent the last four years exploring those questions. Along the way we’ve had the privilege of training more than 20,000 millennials and their employers. We’ve talked to audiences around the world in all different kinds of industries.

And what we realized is this: there is a system that can GUARANTEE multi –generational workplace success!

The best part? It’s pretty dang simple.

Hack  1: Turn Your Workplace Upside Down

You need to lead by providing value to others. And in order to provide value to others, you’ve got to listen, learn about what matters to them, and find a way to connect and serve them.

So when it comes to your employees, you’ve got to turn your workplace upside down. Instead of applying a top-down approach to your people, giving orders, and guessing what will make them happy, you’ve got to start at the bottom and friggin’ talk to them! Ask them about what they want from you, their manager, and their job. And then find a way to give it to them.  Make them matter and feel safe.  In case you haven’t realized it, you really work for them anyway.

Hack 2: Create Meaningful Work

No matter what industry you’re in, you’ve got to make sure your employees have meaningful work. Because in order to be engaged they have to connect themselves to the meaning of their work.  It doesn’t matter whether you’re saving lives or selling widgets. You’ve got to give your employees work that means something to them! And if they can’t see that meaning for themselves, it’s up to you to show it to them. Paint the picture of why it matters. Show them that their task, no matter how boring, tedious, or insignificant it seems, makes a difference and has an impact. And let them in on the wins!

P.S. the biggest way you can win is to train, grow, coach, and mentor them to get better to create more impact.  Self-growth allows them to draw a connection to the work that created it – and makes their work meaningful!

Hack 3:  Reskill Your People from the Inside/Out (on Emotional Intelligence)

As a boss, as a manager, it’s up to you to coach your people to be their very best. And one of the best ways to help them is to reskill them on emotional intelligence. We call it connection currency.  According to a recent study from the World Economic Forum, emotional intelligence is one of the top ten most in-demand skills listed by employers. And with good reason! As our workplace increasingly becomes dominated by technology, people matter more than ever. So make sure your employees have the skills to successfully connect with their bosses, their coworkers, and your customers.

Want to learn more about our 3-hack system and how it can work for you?  Shout  out to us – we can help you bridge the gap with your employees to CRUSH performance in the workplace today and in the future!

Young Lawyers are Leading Change in the Law Practice, Like it or Not

Young Lawyers are Leading Change in the Law Practice, Like it or Not

Change is coming one way or another. That was the conclusion of a recent report from Major, Lindsey, and Africa, a leading attorney search firm, in which they detailed their findings after surveying over 1,200 millennial attorneys. And while their survey was exclusively focused on law firms and the people they employ, we’ve noticed similarities about our clients inside law as well as those we work with across all kinds of industries.

There are three things we’ve deduced from the survey as being absolutely critical for employers to understand: 1) Work-Life Balance Rules 2) Lack of Authenticity and Transparency is a Non-Starter 3) Career Pathing is Your Duty

Just look at these results:

-Less than 30% of respondents described their firms as being very transparent about an associate’s career path.  Yet more than 80% of respondents still described transparency surrounding their individual career paths as being important to crucial to them.

-Only 20% of respondents classified themselves as being highly loyal to their firms. And of those, 54% still said they were not open to new job opportunities. It seems these things go hand in hand!

-When evaluating prospective employers, respondents cited these three factors as being most important in their decision: the employer’s commitment to fostering work-life balance, compensation, and professional development.

-If a respondent was open to new job opportunities, it’s usually because they were seeking better compensation, looking for a change in management or company culture, or wanted more work-life balance.

-More than 60% of respondents said informal mentorship has had a significant or crucial effect on their career. And almost 30% indicated that formal mentorship was irrelevant.

(Click here to read the full survey)

Did any of those results surprise you? They surprised ME and I do this for a living!

Like it or not, change is coming to your organization. So the question is: are you ready?

We’re going to break down how you can prepare your company to meet the needs of the worker of the future so that your organization can survive and thrive. After all, a company is only as good as its people. And if you can’t figure out how to give your best people what they want, they’ll find someone else who can – like your competition!

WORK-LIFE BALANCE RULES

We’ve been fighting to achieve work-life balance SINCE THE BEGINNING OF WORK.

Can we actually achieve work life balance or is it a myth?  And what the heck does work-life balance even mean? Because it’s different for every single employee.

One hack is to turn your organization upside down and ask each employee what work-life balance means to them. Understanding what your audience wants, a novel concept. Does it mean coming in early so they can leave early? Does it mean working from home a few days a week? Or does it mean not working a weekend, ever. Whatever it is, you’ve got to figure out what your employees need from you and then figure out how you can deliver it in a way that still serves your business goals.

There, now you have a system to find a way to help your employees achieve the work-life balance they crave. Remember, it goes both ways. You can give employees the better balance they want, in a way that meets your expectations.

LACK OF AUTHENTICITY AND TRANSPARENCY IS A NON-STARTER

Ah, transparency. Seems everybody and their brother wants the people, the government and the companies in their lives to be more transparent.  Science and data demonstrate people want the truth, as in can you be trusted.

So, you need to figure out how to be really real with your employees. And not just raw and authentic when it suits you – it needs to be baked into your company culture.  So entwined with the day-to-day operations that it is embedded in your culture.

How do you get there?

Friggin connect with your employees. Learn their story, find out what they want out of their job and their life, and understand what really matters to them. If you can achieve that you will create Trust.  Having a culture of trust and transparency and communication is what creates results.  See The Speed of Trust by Stephen M. R. Covey:  (Strategy x Execution) Trust  =RESULTS . And not just any results, exponential results!

CAREER PATHING IS YOUR DUTY

In a world of on-demand learning, is it really any surprise that formal and forced mentorship is on the decline? We all want to learn at our own pace, on our own schedule, and with who we trust – which just doesn’t gel with a rigid mentorship structure.

Which isn’t to say that formal mentors themselves are out. We just want advice delivered in a more informal, of-the-moment way. So rather than formally defining our relationships with our employees in the workplace or relegating their career development to some far-off date on your calendar, practice delivering real-deal, authentic feedback. That means correcting the behavior when it happens, not during their annual review. It means taking time out of your busy schedule to commend an employee on a job well done – even when you’re so busy you can’t think straight.

We have to find a way to build more mentorship and professional development into the day-to-day culture of the workplace. And while you may be rolling your eyes and thinking, “Sure Dan, I’ll be sure to add that to my never-ending to-do list” the truth is, it’s critical you get this right. Employees who are listened to, supported in their role, given the tools to succeed, and encouraged to bring new ideas to the table do better work and STAY! It’s that simple.

Here’s the bottom line: if you want to survive in the years to come, you’ve got to figure out how to create and deliver:

1.  Work Life Balance

2.  Authenticity and Transparency

3. Career Pathing

It’s the only way.

Need help figuring out how to give your employees what they want in a way that still serves your company? Reach out to us for coaching – we’ll equip you with the tools you need to succeed! Click here to sign up for your free coaching session.

Millennials in Law Enforcement

Millennials in Law Enforcement
This is a guest post by Sergeants Rich Hinzo and Steve Waldheim, SDPD

The San Diego Police Department takes pride in being innovative, progressive and places a heavy emphasis on training.  Our Department is at the forefront of implementing cutting edge equipment like tasers, body cameras, and any other physical tools we feel may best support our officers.  Additionally, we continue to conduct training on Mental Health, Active Shooter, and Mobile Field Force and Protest Management.

While these skills are important for our officer’s safety and the success of protecting the community, the San Diego Police Department also focuses its training on leadership skills which include, Procedural Justice, Emotional Intelligence, and Community Policing.

The San Diego Police Department constantly looks at law enforcement trends from a local and national perspective and attempts to identify issues and or deficiencies that affect our department.  We consistently review our policies, procedures, and best practices.  We train, evaluate, and make necessary changes and adjustments to fit the need of the officers today and the climate in which they work.

One of the trending topics this year in law enforcement, from a national perspective, was recruiting and retention.

Law enforcement has more generations working together than ever before and the largest group entering the workforce are Millennials.  Millennials are a much maligned group that aren’t understood very well by Generation X’ers or Baby Boomers, whom make up the majority of the San Diego Police Department’s supervisors and command staff.  Millennials have different life experiences, see the world from a different perspective, and their learning environments differ greatly from the two previous mentioned generations.

The San Diego Police Department reached out to Dan Negroni, Founder and CEO of Launchbox.  Dan is a consultant who helps companies solve today’s critical multi-generational issues.  Specifically, the focus is helping to facilitate communication with Generation “Y” which is more commonly referred to as “Millennials.”  Millennials are people born between 1980-1995.  Forty percent of today’s workforce are Millennials and sixty percent of the world’s population today is under the age of thirty.  Within 10 years, 75 percent of law enforcement agencies across the United States will be comprised of Millennials.

Dan came to the San Diego Police Department and gave a presentation about the nuances of the Millennial Generation to our captains and chiefs, including Police Chief Shelly Zimmerman.  What we learned was more than 60 percent of Millennials leave their employers within 3 years.  It costs companies an average of fifteen to twenty thousand dollars to replace each Millennial.  Within law enforcement, this number is much higher due to all the front loaded costs of training involved.  Most companies don’t have a plan in place to deal with this type of turnover and only twenty-two percent of organizations have a plan to engage Millennials and future generations.  Most importantly, Dan gave all of us insight into how to better manage and lead officers from this generation and warned us about the pitfalls of not recognizing the differences in how they see the world and their place in it.

Within the San Diego Police Department, we have annual training for all our sergeants, lieutenants and captains called “Command Training”.  This year, our main focus was on leadership and how to close the generational gap between supervisors and newer officers.  Since our supervisors lead by example, the captains of our Department were tasked this year with presenting our generational class called, “Bridging the Gap” to their own supervisory cadres.  The presentation was based on Dan Negroni’s class as well as teachings from his book, Chasing Relevance.

Perhaps you’ve heard newer officers on your Department expecting to make detective or sergeant in a short amount of time.  How many of us have said, “Back when I first started you would have never asked for that?”  There’s a reason why there’s a big disconnect between generations.  Millennials grew up in a very different world than we did.  Millennials grew up in a generation where everyone gets a trophy just for playing and they were told they could be anything they wanted to be.  They grew up in a technology savvy world where they could have anything instantly.  But there’s two things you can’t get an app on your I-phone for, job satisfaction and building relationships.  These things take time and it’s our job as supervisors within law enforcement to convey that to this generation.  Millennials are well educated, tech savvy and the two top things they desire from the workplace is professional development and work/life balance.

So how do we bridge the gap between generations within law enforcement?  You start by showing up and making it about others.  The single most important life/work skill is always building relationships.  In 2015, Professors from Cornell University conducted a survey in a large city Fire Department which included more than fifty fire houses.  They interviewed and surveyed over 395 supervisors within the department to rate the performance of platoons they were on versus platoons they had formerly served with.  Over this fifteen month study, the results showed that the platoons that ate together frequently had the highest performance ratings.  Conversely, the platoons that did not eat together had the lowest performance ratings.  The study showed that shared meals can serve as a cooperative activity by fostering greater collaboration and stronger social ties.  It’s the shared bonding time that is most important.

The discussions amongst our supervisors during Command Training have been innovative in finding ways to connect with newer officers.  As is the case with any law enforcement agency, the San Diego Police Department wants to retain its Millennial officers, especially after the money spent training them.  This is just a small way of trying to combat the issues today’s law enforcement is facing with recruiting and retention.  Whose job is it to retain your employees in the workplace?  The supervisors, regardless if it’s law enforcement or not.

The San Diego Police Department strides to make our Department as efficient as possible with one of the lowest number of officers per population in major cities across the United States.  Soon, Millennials will make up the majority of the workforce and law enforcement.  The San Diego Police Department wants to ensure that protecting the community continues to be the top priority for future generations and, in today’s world, working with millennials and not against them is the best way to accomplish this.

“How Do I Get Paid What I’m Worth?” – A Short Lesson in Coaching Millennials How to Ask the Right Questions

It was and remains my favorite classic millennial question.

I was speaking at USC with graduate millennial students, teaching them how to connect to get the job they want by using our Inside/Out technique of understanding your strengths and story in away that it provides value to others. A down and dirty guide on how to get the job, promotion, girl/guy, sale, etc.

As a leadership keynote speaker I have the honor to help people help themselves by demonstrating how to win by making it about others. I covered all the basics and the secret formula that I know to be true as a millennial expert and coach. 5,000 millennials that have passed through our programs this year can attest to it working. I no sooner finished the brief lesson on the importance of identifying strengths, implementing the WIFThem mindset (“What’s in it for them?”), and owning your actions, when I asked for a question. And low and behold, a young college male in the front corner of the room raises his hand. There it was, the moment of truth, as to whether they really heard me and learned something.

“Well,” he said, “I got stuff but really, just tell me, How can I get paid what I’m worth?

I was surprised by his question. It was audacious and bold, in typical millennial fashion, only because it was the exact opposite of what we had just discussed. So I paused, took a breath and began. “Do I have permission to coach you?”

The millennial nodded yes, and I responded, “What is exactly the value you bring to the employer and how do you articulated to them initially and then through your work?”

After a few moments of silence, while the millennial was thinking of how to respond, I chimed in again.

“Dude, do you get it? I mean really? You’re asking the wrong question. What you should be asking is, how do I demonstrate what I’m worth in the market place so someone wants and needs me to come work with them, and teach and guide me and help me get really, really good at this work thing? The thing is, you can’t demonstrate it until you’re there. Focus on first gaining the skills to become valuable to the market place.”

As a millennial expert who has coached thousands of millennial employees, what this college student asked represents a typical trait of millennials. They are hungry for success. They want the grand prize (some say “trophy” but that is just plain caddy, lol) …and they want it now, now, now. They see friends and peers posting job promotion pictures on Instagram, celebrating at parties on Snapchat, and hearing about other millennials “striking it rich” on Facebook.

What happens as a result? Millennials feel entitled to earn higher wages. They are impatient and have FOMO (fear of missing out) on the success that they think all of their friends are experiencing right now. So, like the graduate student showed, they ask employers all the wrong questions because they don’t get it. They don’t get that hard work, learning skills, and demonstrating value all precede getting paid anything by the market. You need to be valuable to an employer to get paid anything, and moreover, you for shit sure better be able to explain what that is what you do and why it is so special.

This is where the magic happens. Dilemma, they don’t get it. Challenge: we need to help them get it. SO DO THIS: we, as millennial coaches, bosses, parents, and teachers need to step in and embrace the opportunity to guide our next generation leaders. While millennials’ drive and hunger for success is great, they need to check in with reality.

According to the Millennial Leadership Survey, over half of millennials surveyed already think they have the right skills to be a leader. Wow, because we know that not even remotely close to 50% of successful Boomers, Xer’s or Silent Generation have the real deal skills to lead. So how could millennials, who are new to work life, possibly get it? Not to mention they understand they need work: 43% of millennials said that their weakest leadership skill is having industry experience and 41% said technical expertise.

See the conflict? Millennials think they already have the skills required to lead and earn more in the workplace, yet their lack of experience (and awareness of it) proves otherwise. As a millennial coach in the workplace, use these three strategies to teach millennials how to demonstrate their value in the workplace.

1) Take Initiative

In a recent School of Greatness podcast episode, host Lewis Howes talked with Adam Braun, founder of MissionU and Pencils of Promise, about higher education and performing well at work. Braun touched on an important phrase that demonstrates how millennials can show value, as opposed to asking for it: “Don’t ask for permission, ask for forgiveness.” In other words: take initiative. It’s better to take calculated risks you believe will work and ask for forgiveness if they fail, rather than always wait to be told what to do and have your ideas rejected.

A good employee waits to be told what to do. A great worker reads the situation, predicts what needs to get done, and takes initiative to create a solution. Encourage your millennial employees to show, not tell. By doing so, millennials can effectively demonstrate their value.

As a millennial coach, you can inspire your millennials to take initiative by being supportive. Create an environment that fosters open feedback and transparency. Welcome new ideas and encourage innovation by instilling a go-getter mindset.

2) Showcase Strength by Leading From Strength

“Everyone is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” – Albert Einstein

Each of your millennial employees has a unique skillset that can be of value to their organization. As a millennial coach, make it your responsibility to help your employees identify these strengths so they can lead with them. Workshops and strengths finder assessments are great ways to teach millennials how to understand their gifts and use them effectively in the workplace.

The best leaders in the workplace know what they’re best at, continue to hone in on those skills, and lead from their strengths. By learning how to access and showcase their strengths, millennials can demonstrate their leadership potential, while optimizing their unique skillset for the greater good of their company.

3) Invest in Growth

According to an article in the Harvard Business Review, over half of millennials rank the “opportunity to learn and grow” as “extremely important” when searching for a job. Millennials want managers who will invest in their growth so they can become capable, reliant, and talented leaders who can demonstrate their value to the marketplace.

“Millennials do need to be convinced why and how an organization will help them learn, grow, and develop, and further their careers.” –Harvard Business Review

As a millennial coach, create a leadership program where millennials can learn important skills like communication, relationship building, and technology-specific skills via online training. Millennials are looking for managers who are invested in their growth and areas to succeed that align with their natural interests and talents.

Understand what millennials want so you can help get them there…but make sure they grasp important business realities first. The millennial question of “How do I get paid what I’m worth?” is ridiculous…and it shows that Millennial coaches need to step in and help them understand why and how to reframe the question instead of just whine and complain. Help us change the question.

Teach your millennials how to demonstrate their value. Encourage them to take initiative and lead from their strengths by investing in their growth. This is how we can create future millennial leaders!

Are you looking to create next generation leaders who know their strengths and can deliver value? Check out our online tools, resources, and workshops!

How to Use FOMO to Inspire Millennial Leaders

How to Use FOMO to Inspire Millennial Leaders

From Facebook to Email, Instagram to YouTube, and Snapchat to LinkedIn, the average U.S. millennial spends over three hours a day on his or her cell phone.[i] On top of that, millennials check their phone a whopping 157 times a day, and over two-thirds of them check social media on a daily basis.

Millennial Experts note that the nature of social media displaying people’s best moments has created a mass “highlight reel.” Millennials are bombarded with snippets of the good life, from snap chats of parties, Instagram posts of tasty meals and drinks, and Facebook photos of vacations in Cabo. The constant exposure to picture perfect moments, which are highlighted all over social media, has created a culture of FOMO (Fear Of Missing Out) among millennials.

Millennials see images and videos of experiences that look cool, so they desire to experience them as well. 69% of millennials experience FOMO when they can’t attend something that their family or friends are going to.[ii] In other words, millennials want to be a part of the action. All the time. They don’t want to miss out on anything exciting.

As a manger (aka Millennial coach), you can tap into millennial’s FOMO and use it as an advantage. You can use FOMO to benefit your company, your millennials, and your leadership.

How?

Create a kickass company culture and corporate leadership program that millennials want to be a part of and will have FOMO on what your company has to offer them.

Be the Best Boss Millennial Coach You Can Be

In order to leverage millennials’ FOMO to your advantage, coach them by understanding what they need and want in the first place. The old-style boss obsessed with command and control is a thing of the past. Millennials want managers who can provide leadership development and coach them, teach them valuable skills, and help them grow. Millennials want managers who genuinely care about them and their professional development.

How are you showing up as a manager? Are your millennial workers comfortable communicating with you and speaking up? Do they know you care about them?

Make an effort to coach and mentor millennials by creating one-on-one meetings. Actively engage with them by asking questions and giving routine feedback. Expert Millennial coaches know more that interaction leads to better engagement. Take the initiative to foster the relationship and don’t wait for them to come to you (hint: they won’t come to you unless you take action first…they’re scared to ask for feedback. [iii]) By proactively providing learning opportunities and by being there for your millennials, they will know you care.

Create a Lean In Culture

Millennials desire professional collaboration and development. Understanding this as a manager, you can create a culture that fosters intreprenuership within your company so millennials can take initiative and be inspired to innovate within your company. Give them the tools so they can grow and actively be and feel a part of your company’s development.

Millennials want to be a part of everything, especially the “next best thing.” As a manager, create the space for millennials to do so within your company. This will make them feel more connected with your company and mission, as well as empower them and increase their desire to be there.

Show an Alluring Long Term Vision

Millennials are the most likely generation to switch jobs.[iv] Why? Part of it is due to “destination syndrome.” If their current job isn’t satisfying them, they’ll hop to a new job in hopes of attaining satisfaction there. They are scared of “missing out” (“FOMO”) on all the opportunity they feel is available to them with an amazing corporate development program where young people can learn and grow.

To solve this gap, be the best millennial coach you can be. How? By being transparent and painting a clear picture of what millennials will gain from being with your company. What career skills will they learn? Will they be able to create a social impact/purpose  (and see it and feel it tangibly)? What mobility and opportunity do they have to become leaders and innovate within the company?

Entrepreneurship, collaboration, growth, mobility, and purposeful work are important to Millennial leaders. By showing how millennials can have and do these things at your company, they will want to stay and be fearful of missing out on such amazing opportunities.

Time spent online and on social media is only going to increase in the coming years. FOMO is a natural byproduct from our social media culture, and it’s up to you as a manager to use it to your advantage.

Coach your millennials and show them that you care. Engage and interact with them often. Design a lean in culture that encourages intreprenuership and growth—a culture millennials want to be a part of. Demonstrate the value, success, and opportunity millennials will gain from staying with your company over the long term. Do this, and millennials will have FOMO on the amazing chance they have to be a part of your company.

Interested in learning more about engaging millennials and inspiring them to become leaders of the future? Check out the related article “Employee vs. Entrepreneur: 4 Great Ideas to Foster Millennial Entrepreneurs Within Your Company

    

 

 

 

[i] https://thejournal.com/articles/2015/12/01/study-millennials-spend-more-than-3-hours-a-day-on-mobile-phones.aspx

[ii] https://www.entrepreneur.com/article/237566

[iii] http://www.gallup.com/businessjournal/192038/managers-millennials-feedback-won-ask.aspx

[iv] http://www.gallup.com/businessjournal/191459/millennials-job-hopping-generation.aspx

Employee vs. Entrepreneur: 4 Great Ideas to Foster Millennial Entrepreneurs Within Your Company Today

The American Dream was much different just a few decades ago. People wanted the good life: a big house with a nice yard, a shiny car, a family, luxuries, and rising to the top of the corporate ladder.

In 2017, things have changed.

Millennials (who will make up half the work force in the next three years) value independence over a corner office in an executive suite. Nine out of ten millennials say professional development and career growth is important in a job. However, to Generation Y/the Millennial, the appeal toward entrepreneurship is most attractive.

Almost two-thirds of millennials want to start their own business. Growing up seeing their parents and relatives getting fired, along with viewing cubicle life as boring, millennials see entrepreneurship as the answer to a stimulating career, a solid work life balance, professional growth, and independence. This begs the question:

Is working for the big man and a big company contradictory to millennial’s path to success if their ultimate desire is to be entrepreneurs?

All across the career board, you can see a pattern occurring. Millennials who work as trainers at a gym want to break off and get clients on their own and start their personal brand. IT consultants are wondering if they should continue working within a company, or offer freelancing consulting. Nutritionists and health coaches desire to become their own boss with their own clients and personal practice.

As a manager, this change can either be seen as a problem or as an opportunity. You can either think, Millennials are just going to stay for 3 months and leave my company. They are unloyal and not worth even training. Plus, they are ignorant about how difficult it is to start a company.

Or…

You can see this major industry shift as a HUGE opportunity and ask, How can I encourage entrepreneurial behavior within the company?

While the idea of entrepreneurship is sexy to millennials, the reality is starting a business is no easy task. This is where managers can thrive and become the rock star leaders that millennials need.

As a manager, you can play a key role in coaching Millennials to become inner entrepreneurs within the frame of your company. This is the ultimate win-win: creating intraprenuers. Millennials can have the opportunity to develop, innovate, and experiment, all the while contributing to the wellbeing and growth of your company’s mission.

Create the Space for Millennials to Experiment with Passion Projects

From the get-go, make it transparent to your millennial workers that they have the opportunity to grow and innovate within the framework of your company. Create a culture that promotes a healthy balance of freedom and structure.

A great example of this is what Google did with their “Genius Hour.” Employees were allowed to use 20% of their workweek to explore projects of their choosing, as long as it benefited and contributed to the company. Gmail, AdSense, and Google Glass are just a few examples of successes that resulted from the allocated time for self-directed experimentation.

Welcome New Ideas, Feedback, and Input

Millennials want feedback. They want acknowledgment. They want praise. They want constructive advice. They’re just too scared to ask for it. Less than 20% of millennials say they routinely receive feedback, according to Gallup research.

As a manger, it’s up to you to create a welcoming, friendly work environment. Make feedback a two-way street. Create an open door policy and make it clear to your millennial workers that they can ask you questions—whether popping into the office, texting, tweeting, or calling.

By empowering millennials to feel confident and comfortable with open communication, they will feel permission to innovate and come forward with new ideas. They will see you, their manager, as someone they can trust.

Create Incentives

Whether it is in the form of stock options, chances for commission, or special perks, make it clear that millennials can succeed beyond just means of salary. Millennials value independence, flexibility, purposeful work, and growth opportunities. If you can provide these incentives, millennials will want to work for your company and contribute to its growth.

Emphasize Structure and Safety

Unlike if millennials were on their own starting a personal brand, they have the luxury of support and safety that comes with working for a company. Emphasize that millennials can be intrepreneurs and still grow and take risks. Explain that working within your company is the perfect place for them to learn and grow, without the very real risk of messing up on their own.

By emphasizing entrepreneurial opportunities and the safety that comes along with being part of a company, millennials will feel empowered to take risks and innovate within your company.

Take action TODAY and create the opportunities for millennials to become Intreprenuers within your company. Allow the space for millennials to work on passion projects and innovate within the company. Embrace new ideas, provide feedback, and promote a culture with open communication. Create incentives while also showing the upside that comes with working in a company.

The workplace is changing, and it’s up to YOU as a manger to adapt and view the shift as an opportunity to be embraced.

Need help getting started? Let us help you stop chasing relevance and make it happen. For more on working from the inside out, check out Part One of Chasing Relevance: 6 Steps to Understand, Engage, and Maximize Next-Generation Leaders in the Workplace TODAY.

2 Big Reasons Why Pokémon GO Struck Gold & Can Help You Understand Millennial Customers and Employees

Permanent Link: 2 Big Reasons Why Pokémon GO Struck Gold & Can Help You Understand Millennial Customers and Employees

Within 24 hours of release, Pokémon GO surged in popularity unlike anything the app store has seen before. In terms of time users spend on the app, it surpassed Snapchat, Twitter and even Facebook![1] If you’re unfamiliar with Pokémon GO, it’s an augmented-reality game that launched in the United States late last week. To break it down, the game lays a sort of semi-transparent Poké-world over your actual, physical location, which you can explore by literally walking around while staring at your screen.

The game has been all the hype over the past week, striking a chord in the millennial generation. Whether you are into gaming or not, you should pay attention. What they accomplished are hints to what your business might do to attract millennial customers.

 

Reason 1: Technology

Millennials were the first generation to grow up with technology being an influential part of their lives. Pokémon GO offers the best of both worlds: the joy of playing an addictive video game combined with the experience of interacting with others in the real world.

While technology has created a world where many millennials prefer to stay inside and immerse themselves alone in their screens, Pokémon GO has brought them together. Certain hotspots in the game attract more users, resulting in more physical, face-to-face interactions. The wild success in such a short time conveys that millennials do want to get out of the house and meet other people. By leveraging the inherent desire for human interaction along with a fun, addictive app, other companies can mimic this strategy to capture the attention of millennials. Forbes estimated that Pokémon GO is bringing in over $1.6 million in revenue per day in the United States alone.

 

Reason 2: First Brush with Millennial Nostalgia

Another reason this game has struck gold among generation Y is because it’s nostalgic. Pokémon became popular in the late 90’s, both on television and in video games (think back to the dinosaur age of Nintendo 64 and Gameboy.) The game has awakened positive, childhood memories among millennials. The familiarity of the app has proved to be a hit, and as the New York Times put it, “Millennial’s First Nostalgic Blast.” The game’s success has blazed a trail for other companies to leverage nostalgic games and memories of generation Y to create future products.

While it’s too early to tell if the game will plateau soon or become a “one hit wonder” for Niantic, the makers of the game, Pokémon GO has given businesses and marketers a look into the future of what millennials love.

The world is changing, as you can see from Pokémon GO, and those who understand and adapt to the interests and attention of millennials have a real opportunity to create  economic value and winning products and services.

 

 

[1] Lancaster, Luke. “Mobile Users Spent More Time on Pokemon Go than Facebook.” CNET. N.p., n.d. Web.

3 Ways to Fulfill and Retain Millennial Employees

Often tagged “the job hopping generation,” it’s a common myth that millennials are disloyal and don’t care about job security. With this viewpoint, why put in the time to train and develop your millennial workforce when they’re going to split in a year or two? From this perspective, it’s pointless. However, by understanding the concerns of millennials and looking at reality through their lens, a few important factors stand out that shatter this myth.

49% of millennials say they would like to stay with an organization for more than 10 years, according to research performed by the Center for Creative Leadership.[1] Many millennials actually crave job security. They grew up during the 2008 recession, witnessing devastating layoffs. They have the highest levels of student debt in history. They’re worried about raising kids or putting down a mortgage due to the possibility of being laid off.

By understanding the concerns of millennials, this job hopping “problem” can be turned into an “opportunity” to engage and fulfill employees for the long run. Here are three ways to help you fulfill and retain millennial employees:

  1. Constantly Communicate and Provide Feedback

Millennials grew up in the digital age of instant gratification and constant connection. Therefore, they’re used to receiving immediate feedback and having an outlet to tweet their opinion at the snap of their fingers. By maintaining relationships with millennials through regularly asking questions and making an effort to understand things from their perspective, feedback becomes conversational, as opposed to being confrontational. This creates an environment where millennials feel that their voice matters and that their opinion is valued.

Another important factor to keep in mind is that millennials want feedback; the problem is they won’t ask for it. Show appreciation regularly. When they make mistakes, let them know in a constructive, teachable manner. By making the effort to make millennials feel understood, valued and an integral part of your company, they will feel more comfortable speaking up. This relationship fosters loyalty and will help fulfill and retain your millennial employees.

2.) Display Advancement Opportunities

Millennials are young. They’re hungry. They’re ambitious. As a manger, you can help them see opportunities to advance and be promoted within the company. Likewise, you can offer lateral growth opportunities, allowing them to become skilled in a variety of fields. This will help your company develop a multi talented, capable millennial workforce that understands how different departments operate. This will breed understanding and insight into how to serve the best interests of your company.

From a retention standpoint, opportunity for growth causes a shift in the mindsets of millennial employees. By openly presenting advancement opportunities, millennials will naturally view their job and career over the long term. A secure, rewarding job with the possibility of advancing and learning new skills is a sure way to create long-term retention with millennial employees. Recognizing the importance of job security and growth opportunity will help attract a stable, loyal workforce.

3.) Allow for Balance and Flexibility

Lack of flexibility was cited among the top reasons millennials quit their jobs, according to surveys performed by Ernst and Young’s Global Generation Research.[2] Millennials see that technology allows them to be productive and get work done regardless of location. However, many older bosses (who didn’t grow up with digital technology) don’t understand this. Multiple surveys show that what millennials want most is where, when and how they work.[3]

By creating a flexible work environment, you can fulfill one of the highest demands of millennials. As long as a flexible, work-life balance doesn’t affect results, it should be embraced. Millennials are more likely to commit to a company long term if it allows for a flexible work-life balance.

Don’t be put off by the myth that millennials are a job-hopping, disloyal bunch. You can view your millennial workforce as a “problem to complain about” or an “opportunity to be embraced.” Through communication and feedback, openly presenting advancement opportunities, and creating a flexible and balanced work schedule, you can fulfill the wants and needs of your millennial workforce, while also creating an atmosphere where they will want to work over a long period of time.

Interested in learning more about bridging the gap between millennials and managers? Make sure to get your hands on Dan Negroni’s new book,  Chasing Relevance: 6 Steps to Understand, Engage and Maximize Next Generation Leaders in the Workplace.

Chasing Relevance by Dan Negroni

 

[1] Deal, Jennifer. “Why the Conventional Wisdom About Job-Hopping Millennials Is Wrong.” WSJ. Dow Jones & Company, Inc., n.d. Web. 22 June 2016.

[2] Schulte, Brigid. “Millennials Want a Work-life Balance. Their Bosses Just Don’t Get Why.” Washington Post. The Washington Post, n.d. Web. 23 June 2016.

[3] Schulte, Brigid. “Millennials Want a Work-life Balance. Their Bosses Just Don’t Get Why.” Washington Post. The Washington Post, n.d. Web. 23 June 2016.

How to Help Millennials Succeed in the Workplace

This is a guest post written by Arman Sadeghi of Titanium Success.

Millennials could make up close to 40% of the total workforce by the year 2020, according to the results of a research study conducted by the Association for Talent Development. Businesses are increasingly hiring this fresh source of talent and skills for their operations. However, companies often find that these young people have different methods of working with a distinct ideology from their predecessors. This factor changes the office dynamics completely.

Business owners need to help their millennial workforce assimilate into the company to make full use of their potential. To do this, they need to take several steps that can help reduce employee turnover. Here’s where a business coach comes in. Businesses often choose to hire such personnel to help them understand the strategies they need to adopt. These methods will help millennials succeed in the workplace.

Understand Their Expectations

A few years ago, employees were content to join a good company and work for an extended time, all the while steadily moving up the corporate ladder. Millennials, on the other hand, often have aspirations about wanting to become entrepreneurs. They would prefer to work in managerial positions of leadership. Considering the many young role models they have, millenials feel inspired to follow paths that can lead them to grow and succeed.

Many millennials do continue to work with enterprises for a long period of time, but only so long as their needs are met. If they feel they’re not getting enough opportunities, they’re very likely to move on to setups where other options are available. To work with such young people, you need to adjust the culture of your company. Work with your peak performance coach to create an atmosphere that is conducive to growth, while also being beneficial for your company.

Offer Them Better Orientation and Training

Schools and colleges do give students academic training. However, post-graduation, these students need practical skills that can help them perform in an actual workplace. These skills are often not taught in a traditional college environment. If you offer the proper training, millenials will learn the necessary skills to become independent, reliable and talented leaders in your company. Among the critical aptitudes they need is the ability to think and solve problems, work on and deliver presentations, analyze situations and adapt to the ever changing market. It is also essential to teach them time management, communication, effective listening skills, and most important, working as a part of the team.

Offer Flexible Work Hours

Millennials today have different priorities as compared to the employees before them. They prefer to maintain the perfect work-life balance and want to make time for leisure, entertainment, family, and friends. This is why they prefer jobs in companies where they are free to work at the times that suit them best. One of the pointers your peak performance coach is likely to give you is to allow for flexible working hours. Give your people the go-ahead to use digital technology and work remotely from home if they need to. You’ll also want to allow them to work on weekends and out of office hours if they want to. This way, you’ll encourage productivity and ensure employee satisfaction.

Ensure Manager-Employee Interaction

Young workers prefer flexible working hours and are tech savvy. They are comfortable using gadgets and apps to receive instructions, submit work and stay in touch with their teams. As your peak performance coach will likely point out, they also appreciate the opportunity to interact personally with their colleagues and managers. Institute an open-door policy as your company culture. Instruct your managers to welcome new and innovative ideas. Make sure your millennial workers receive constructive feedback on their performance and that they are allowed to communicate freely with their managers and superiors.

Offer Opportunities to Learn and Grow

Millennials are eager to learn and advance their skills. They are always looking for opportunities to excel by taking on challenging tasks. They thrive on the excitement of working on new assignments. If they see stagnation, they’re likely to move to setups where they can learn and grow. Offer your people training programs and adopt policies where your younger workforce can develop their talents.

For instance, consider the task rotation strategy. Your peak performance coach can show you how to move employees to other lateral positions in the company. Allow them to work in a new role for a preset time period so they can learn to manage other responsibilities and develop new skills. Assigning new projects is another way to challenge their creative abilities. Millennials respect and enjoy a work environment where they are pushed out of their comfort zone. Help them develop their flexibility and ingenuity to aid the success of your company. With that being said, make sure the new tasks aren’t so tough that it leads to discontent.

Work Out a Competitive Salary Structure

In today’s times where remote hiring has made great strides, the job market has gone global. Millennials now find that there is a demand for their talents and skills on an international scale. Hence, they are exposed to better opportunities and salary structures. To retain the skills you need for the growth of your enterprise, your peak performance coach will advise that you need to change your perspective about the remunerations you’re offering. The younger workforce is more focused on the salaries they can earn. You’ll also find that better positions and promotions are no longer enough to stay with a company. Remember, they can get those at other setups also. This is why you’ll need to pay competitive salaries to keep your employees.

These are just some of the factors you need to keep in mind when hiring and working with a team of millennial employees. Given that the work environment is evolving rapidly, it’s advantageous to have a peak performance coach on board to help you direct your team, and help millennials succeed in the workplace.

 

References:

  1. http://www.cio.com/article/2883906/careers-staffing/how-to-help-millennials-shine-in-the-workplace.html

 

 

Interested in learning more about bridging the gap between millennials and managers? Make sure to get your hands on Dan Negroni’s new book,  Chasing Relevance: 6 Steps to Understand, Engage and Maximize Next Generation Leaders in the Workplace.

ChasingRelevance_Home_book_cover_nobg

 

3 Reasons Samsung is the Most Trusted Company Among Millennials

A recent poll by the Reputation Institute (RI) revealed that Samsung is the number 1 most trusted company among millennials in the United States. Considering that millenials consist of over 75 million people between the ages of 18 and 34, this is great news for Samsung. According to the results of this year’s RI millennial survey, when millenials decide a company is worthy of their trust and respect, they are more willing to work for, recommend and buy products from a firm they find reputable. What is Samsung doing so well that makes it the most trusted company among the largest growing generation in the world?

RI attributes Samsung’s ability to successfully gain the millenials’ trust and attention to three things: self-promotion on social media, commitment to social responsibility and creating an inclusive culture.

 

1.) Social Media Promotion and Campaigns

Social media is arguably the most important tool for a company to gain the trust of millenials. Over 90% of adults aged 18 to 29 use social media—and that number is growing rapidly.[1] The average millennial checks his or her smart phone 43 times a day.[2] Understanding these facts, it’s critical to establish a strong social media presence if a company or brand is looking to engage with millenials.

In today’s world, not having a social media presence is essentially not having any presence at all. Through self-promotion on social media, Samsung has established themselves as a familiar, trustworthy firm to millenials. This earned trust has provided Samsung the leverage to be the most favored company among millenials.

 

2.) Commitment to Social Responsibility

A poll commissioned by the Clinton Global Initiative and Microsoft revealed that millenials are more focused on the environment than their parent’s generation—a wide margin of 76% compared to a meager 24%.[3] In other words, millenials value environmental sustainability and appreciate efforts to make the world a better place.

 Samsung’s commitment to social responsibility is a huge factor in winning over millenials. Their transparency about their sustainability efforts and green initiatives are displayed openly on their website and on social media. For example, here is one of their statistics that exemplifies their effort to improve the environment: “In 2010, we will have reduced greenhouse gas emissions from our operations by 45% from 2001 levels.”

Samsung’s transparency reports and efforts to improve the environment resonate with people—and millenials—on an emotional level. This openness humanizes them as a company. Instead of being viewed as a large, corporate tech giant, they’ve effectively communicated that they are a “company who believes it’s our responsibility to do business in a way that enriches the planet.”

 

3.) Creating an Inclusive Culture

In today’s world, everyone wants to be heard. The rapid rise and prevalence of social media has created an environment where companies cannot afford to neglect their employees and customers. Having an inclusive culture is an essential part of Samsung’s strategy moving forward.

Samsung made headlines last month as they announced their “aim to reform our internal culture, execute as quickly as a startup company and push towards open communication and continuously innovate.”[4] Samsung executives will be signing a pledge to create a working atmosphere that fosters open dialogue. By adopting an inclusive culture, Samsung is yet again moving in the right direction in terms of understanding what millenials want. Through social media, millenials grew up with having a voice at a young age. Shifting to an atmosphere that embraces communication, Samsung is creating an environment both conducive and attractive to the largest growing generation in the world.

 

Embrace the strategies that have made Samsung the most trusted company among millenials and see what happens. Through social media, commitment to the environment and fostering an inclusive culture, you too can gain the trust of millenials.

 

 

[1] Pick, Tom. “47 Superb Social Media Marketing Stats and Facts.” Business 2 Community 47 Superb Social Media Marketing Stats and Facts Comments. N.p., n.d. Web. 14 June 2016.

[2] Clifford, Catherine. “Millennials Check Their Phones 43 Times a Day. This Is What They’re Looking For. (Infographic).” Entrepreneur. N.p., 04 June 2014. Web. 14 June 2016.

[3]Timm, Jance C. “Millenials: We Care About the Environment.” MSNBC. N.p., n.d. Web.

[4] Lee, Se Young. “World’s Biggest Startup? Samsung Electronics to Reform Corporate Culture.” Reuters. Thomson Reuters, 24 Mar. 2016. Web. 14 June 2016.