Millennial Leadership: The New Mindset Boomer and Millennial Views

Presented by

Professor David Buisson and Rowan Grant

Contrasting worlds: ‘Boomer’ experience and ‘Millennial’ ideals

Who are the Millennials?

The Millennials

Ethnically Diverse

Team Players

Optimistic

Rule Followers

Socially Responsible

Well Educated

Achievement Oriented

Source: Howe and Strauss, 2000. Boston College, 2012

Introducing the Generations: ‘Millennials’ and their ‘Boomer’ parents

Boomer Leaders Millennial Leaders

Big Business Micro Enterprise

Financial Growth Growth of Impact

Individualism Collaboration

Shareholder Value Shared Value

Millennial Leadership styles: Different to ‘Boomers’, and sometimes in conflict

• Thinking globally

• Building alliances and

partnerships

• Cross cultural diversity

• Technological savvy

• Sharing leadership

• Learning agility

Managers of today: Leading through the ‘perpetual whitewater’

1880

1980 1990

2010

Industrial Revolution

Computer Revolution

Internet Revolution

Information Revolution

Participative

Revolution

2020

The Information Revolution was so last decade: Welcome to the Participative Revolution

Intelligence

It's dangerous to follow dumb people.

Courage

People won’t follow you when you’re hiding behind them.

Restlessness ‘He who follows the status quo shall become great’ #said.no.one.ever

Plato’s three attributes of Leadership: More relevant today than at any other time in history

Millennial Leaders are those who drive change through their use of cutting-edge technology. Millennial Leaders participate in solving local and global challenges.

- José María Álvarez-Pallete, COO Telefonica

Characteristics of a Millennial Leader

Passionate

Restless

Collaborative

Socially Responsible

Technically Savvy

Adaptable

Willing to Improve

Millennial Leadership: A mindset for the 21st Century, not just a birthdate

• Why leadership and followership have changed over time

• Cultural evolution and technological revolution

• The balance of power between leaders and followers has shifted—with leaders becoming weaker and followers stronger.

Leadership into Followership: Today’s management must change with it

• Millennials need help from other generations

What’s Required?

• Leadership assignments, training and coaching

• Assignment rotation (12-24mths)

• The Corporate Lattice

Millennials want leadership: But we know we aren’t ready for it

- Julian Birkinshaw, London Business School

What would management look like if we defined it around the needs, fears and aspirations of our employees?

Employee-centred Management: Changing the culture of leadership in organisations

Positive Deviance: Spotting hidden innovations in development work.

Finding the positive deviant: How to grow with them

• Somewhere in your organisation, groups of people are already doing things differently and better.

• To create lasting change, find areas of positive deviance and fan their flames.

The Participative Revolution: Awakening latent talents

Organisations must embrace openness, diversity and inclusion to attract and retain top talent.

Millennials’ values: Open, transparent and innovative leadership

© 2010, Future Workplace

FutureWorkplace: Working side by side in 2020.

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Five Generations in the workplace: Is your organisation prepared to manage expectations?