Managing the Millennials: ensuring that GenYs help, not hurt, your bottom line.
Outcomes: At the end of this day, participants will have a wide understanding of how 80 million Millennials are changing every aspect of the business environment, as customers, suppliers and employees.
Participants will be able to manage both the surprising expectations of this generation, and be able to use the full value of the gifts they bring, to those who grasp the opportunity on offer.
Participants from for-profit business will have powerful, concrete strategies to achieve competitive advantages for their organizations, which will show strongly on their business’ bottom line. Continue reading »
26May
80 million Millennials are changing every aspect of the business environment, and they’re your customers, suppliers and employees.
CPS is finding that a lot of companies don’t have comprehensive strategies to manage this generation. They are paying heavily with low productivity, high turnover etc. They are also failing to make good use of the many opportunities the Millennials bring.
We found, however, that some managers want a more strategic approach to this challenge, whereas others simply want the hands-on skills for dealing with Ryan, Ashley, Jessica and Daniel now. Continue reading »
Tags: Generation Y, Millennials, operational management, strategic management
15Apr
It’s common to hear complaints about GenYs, but the Millennial Generation has its own frustrations. There are far too many to list here, but a common one is that they are full of innovative ideas which are ignored. Every cohort has new ideas, but this one thinks in a dramatically different way from the generations before them, even when compared with GenX. And they often have the “Mouth” to say so.
But your Millennials are finding out a great truth about business - that risk takers and innovators are a good thing in theory, but in practice they usually receive a very cool reception. Continue reading »
Tags: demographics, generations, GenY, innovation, Millennials
06Apr
These days, Baby Boomer managers often complain about their GenY employees (“kids these days…”)
But maybe Boomers should worry less about GenY (described by Marcus Buckingham as the generation who got prizes for coming 8th in a race). Some Boomers still need to learn that you can’t win against GenX if you use the old-fashioned methods of business power broking.
There are still a lot of Boomer and Traditional managers who have days of thinking “I’ll do it my way, now I am the boss”, forgetting that the rules of the business game have changed … forever.
Deep in the cubicles of the corporate jungles there is an army, trained to deal with their parents’ generation. One result is that the Boomer who thinks in terms of “my way or the highway” soon finds out that this only works if the person who is going to hit the highway is the Boomer him/herself.
Continue reading »
Tags: Boomers, Corporate Silos, Cube Warfare, GenX, GenY, Millennials, Office Politics
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