Millennial Leadership - Northern Virginia...
Transcript of Millennial Leadership - Northern Virginia...
Millennial LeadershipHow to Make a Difference in the Public Sector
Introduction: Alexander Yow, CPA
• Associate at Grant Thornton Public Sector
• 2015 graduate in Accounting from George Mason University
• 4-time USA Taekwondo National Team Member
• Taekwondo Coach
Welcome
How does the term Millennial Leadership make you feel?(Excited? Annoyed? Neutral?)
Goals• What is a millennial?• What do millennials
want?• Who are leaders and
what traits do they possess?
Question 1
How do you self identify??
A. The “Builders” or “Matures” – born before 1945B. Baby Boomer – born 1945 -1964C. Gen Xers – born 1965 - 1980D. Millennials (Gen Y) – born 1981 - 1994E. Gen Z or “linksters” – born after 1995
Understanding Cross Generation Employees
Five generations in the workplace
Millennial Quick Facts
• Age: 25 – 36 years old• Older millennials may be in supervisory roles
• Millennials grew up during significant technology advances:
• PCs -> Laptops -> Tablets• Cell phones -> Smart Phones
• Harvard Business Review: "Conventional wisdom holds that Millennials are entitled, easily distracted, impatient, self-absorbed, lazy, and unlikely to stay in any job for long. On the positive side, they’re also looking for purpose, feedback, and personal life balance in their work."
• According to a study by IBM, career goals have remained the same across generations
• Negative traits of millennials consistent with traits of youth
• Bottom Line: Millennials cannot be stereotyped
Work Aspirations Across Generations
Millennial Leadership"Managing Up"
At AllLevels
Who are Leaders?
Are these Leaders?
Popular Leadership Phrases
• Frequently used to encourage young leaders
• Leadership does not require leading an empire, it means influencing those around you in an impactful way.
Lead by Example
Be a Leader Not a Follower
Developing Leaders• 66% of companies
invest in programs to identify and advance high-potential employees
• Of those programs….• 24% of senior
executives consider the program to be a success
• 13% of senior executives have confidence in rising leaders
According to Harvard Business Review:"Organizations around the world are failing on one key metric of success: leadership development"
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Personality Traits of Leaders
Determination Insight Curiosity Engagement
Core Competencies of Leaders
1 Results Orientation
2 Strategic Orientation
3 Collaboration & Influence
5 Developing Organization Capabilities
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Change Leadership
Market Understanding
4 Team Leadership 8 Inclusiveness
Young leaders may not excel at all of these, however some apply to all levels and others can be taught.
Competency Definitions• Method to grade
leadership ability and potential
• Strengths in personality demonstrate potential in certain competencies, while accomplishments show level
Key Take-Aways
Generations cannot be stereotyped
Leaders are found at all levels
Leadership Development leads to organizational growth and success
Contact InformationAlexander Yow, Grant ThorntonP: 703.637.2679E: [email protected]
AYowCPA