Building A Workplace for Millennials
Matt Reiner, CFA, CFP?
?? Managing Partner at Capital Investment Advisors | CEO at Wela | ?? 3x Author | ?? Tech Visionary | Speaker | Coach | ?? Chief Strategist @ The Circle | ?? Podcast Host
Millennials currently represent 35% of the workforce. With 56 million of them compared to 53 million Gen Xers, their presence is unmistakable. By 2030, they're expected to make up 58% of the global workforce. In short, their influence on the future of business is undeniable.
Despite the critical role millennials play, they often face criticism in the media and corporate circles. Much of this is unwarranted, considering the unique circumstances they grew up in.?
Simon Sinek elegantly outlined four key factors that shaped this generation, which highlight the hand they were dealt:
And thus, the generation is viewed as not cutting it. Because they are different.?
As I think about the future of business and the constant challenge of businesses and their millennial team members I’m reminded of the underlying theme of Ryan Holiday’s book “The Obstacle is the Way.”
The genesis of the book stems from a quote attributed to the Roman Emperor and Stoic philosopher Marcus Aurelius:?
“The impediment to action advances action. What stands in the way becomes the way.”
The book, based on Aurelius’s philosophy, offers some insight to a path forward for businesses with the millennial generation.?
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And so the millennial generation poses an obstacle, an impediment. But with the right mentality and perception of the obstacle, there is a great opportunity
To integrate millennials effectively, consider the following actions outlined based on the 4 areas Simon Sinek mentioned about millennials:?
Understanding that the millennial generation's characteristics stem from their unique upbringing and the world they entered is crucial. Successful integration in the workforce requires more than just adaptation; it demands a partnership approach where both parties evolve together. The relationship between employer and employee should be a collaborative one, where mutual respect and understanding drive progress.
In embracing the millennial workforce, businesses are not merely adapting to a new generation; they are preparing for a future where this generation's influence is predominant. Integrating their strengths and perspectives isn't just a necessity; it's an opportunity for growth and innovation.
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8 个月Millennials are definitely making their mark on the workforce! Their unique upbringing has shaped them in ways that challenge traditional expectations. ??
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8 个月Understanding the unique challenges faced by millennials is essential for fostering empathy and communication across generations. ??