|Who are the millennials.||5:27|
|Working with millennials||20:20|
|Affirmations and feedback||26:26|
|Collaboration of generations||45:00|
In this episode, Modern American Realtor revisits the subject of millennials, the Wright Brother’s topic of expertise. While Episode 1 touched on millennials as customers, the Wright brothers now explore a new perspective, examining how businesses can take advantage of millennial employees and the talent they have to offer. This week’s discussion explores the validity behind the stereotypes of millennial tendencies, tips for working with millennials in a professional setting, and suggestions for cultivating the environment millennials thrive in.
Today, millennials are in their early twenties to mid thirties, and comprise one third of the country’s overall population. In regards to personality, work ethic, and general traits, millennials are typically characterized in contrast to previous generations, with significant emphasis placed on the variance in morals and motivation when compared to older populations. Millennials are more likely to be categorized as entitled, lazy, or narcissistic as a result of their different and diverse beliefs. Based on their studies, interactions, and experience both with and among the population, Corey and Casey examine these assumptions, discussing the accuracy and validity behind them. Throughout this discussion, the brothers establish that while it may be true there is a clash of opinions between millennials and older generations, it is to everyone’s benefit for prior generations of business leaders to begin adjusting their practices to suit millennials needs.
Employers may find that adapting workplace procedures to be advantageous when working with millennials. At the beginning of a project, managers may find it more effective to breakdown the “why” of a project instead giving directions. When millennials understand the purpose behind a given task they approach it with more enthusiasm and personal investment, a benefit to any employer. Additionally, millennials may respond better to regular affirmations, feedback and positive reinforcement rather than direct criticism. While this approach may feel unnatural to superiors from different generations, the result is a millennial workforce who is committed to their position and dedicated to their workplace.
?Large technology companies are well known for their creative approach to work environments and culture. However a ping pong table and craft beer keg is not the only solution for creating a millennial friendly workplace. Consider reevaluating company policies and moving past procedures that are based entirely around a traditional technique, as outdated processes are ultimately millennial deterrents. Additionally, modern and updated new office layouts and the opportunity for flexible work hours are two factors millennials find appealing.
Not only are millennials a lucrative client base for any business (as analyzed and discussed in episode one) they are also a powerful workforce, capable of providing fresh ideas and creative solutions. Learning to work with this generation is vital step, and business who fail to evolve may risk being outperformed by modernized organizations. However, millennial friendly changes do not require monumental adjustment, but instead just simple adaptation. Recognizing employee values, reassessing outdated policies and promoting workplace creativity can go a long way to connecting with millennial ideals.
5:27 – Who are the millennials.
7:15 – Millennial Characteristics
16:05 – Work/Life Balance
20:20 – Working with millennials
26:26 – Affirmations and feedback
34:40 – Corporate examples
45:00 – Collaboration of generations
Podcast produced and edited by Jacob Turnbloom
Intro and outro music created by Jacob Turnbloom
Categorized in: Uncategorized