An article by Tom Fox in the Washington Post highlighted four ways to manage Millennials, the generation that was born between 1981-2001, also known as Gen Y. What strikes me most about the article is the easy execution that most of these suggestions contain. In addition, Fox strays away from stereotypes and hits on the [...]
Want to know what Milliennials think? Ask!
Understanding any customer requires thinking like the customer, which is easier said than done. A recent Forbes article highlights the difficulty some older, more entrenched retail organizations are facing when catering to the young Millennial generation. Retailers, especially chain stores, are beginning to get antsy because the twenty-something year olds, who should be gaining buying [...]
Negotiating with the Generations (Part 1)
People often ask me how to effectively negotiate with other generations. I find it useful to think of each generation as having its own language, based on the political, technological and social events that occurred during the formative years of that generation. What does that have to do with negotiations? Each generation tends to negotiate based [...]
Recognition in the Workplace
In light of our recent posts on Attracting Gen Y Talent and Retaining Gen Y Talent, we thought this new piece of research from Inspiring Talent, a global survey of employee attitudes based on responses from more than 4,000 employees, was especially interesting. The researchers found a significant difference in the attitudes of Gen Y [...]
The Entrepreneurial Spirit of Gen Y
Is Gen Y a more entrepreneurial generation than the previous generations? This MSNBC article suggests that it is. In general, people from Gen Y have seen massive layoffs, as well as peers from once lucrative financial market positions fall from grace. At the same time, they grew up with supportive parents and the encouragement to “do what you love!” and [...]
Career Pathing
Have you heard this joke? CEO asks his CFO: “What happens if we invest in our staff training and then they leave?” CFO says: “What if we don’t and they stay?” As any manager knows, it’s crucial to provide professional development for employers. It shows you are committed to investing in their skills. Deloitte research [...]
And When Your Talent Does Leave…
Previously, we wrote about how to retain your top young talent. However, the reality is that employees will sometimes leave no matter what, and unfortunately the best people are hard to retain. However, it is absolutely worth staying in touch! If you manage the relationships with your past employees effectively, they are likely to become [...]
Tips on Retaining Gen Y Talent
A survey of more than 2,500 senior human resource executives by Novations Group, a global consulting organization, asked: “In your experience, how much time do employers have to “prove” to employees in their 20s that the company is the best place for them?” 51% answered between 1-6 months; 26% answered “less than a month.” The [...]
Gen Y Feels Empowered by Debt
A new study by Ohio State University shows that young people aged 18-27 feel empowered by their debt. You read correctly – not stressed or depressed, but empowered. In fact, having debt correlated with higher self esteem and feelings of mastery or “control on their lives.” As a lead author of the study, Rachel Dwyer [...]
Does Gen Y Respond to a Teaching-Style of Management?
A recent post on the Harvard Business Review blog by Michael Fertik noted “The best managers of younger employees are people who would otherwise love teaching for a living.” Do you agree? We know that Gen Y seek praise and affirmation; they appreciate guidance and mentorship in the workplace. They are perceived as being sensitive [...]
-
Can’t Stand Your Colleagues? Six Tips for Effectively Working with Them Anyway
-
Four Quick Tips for Managing Millennials
-
Want to know what Milliennials think? Ask!
-
Five Business “Must Reads”
-
What Other Reason Do You Need to Hire a Woman?
