Millennials are ready to lead (so let them)
Monday, August 31, 2015
Posted by: Barbara Francella
Baby Boomers' grip on
the industry's leadership reins is loosening as younger team members step into
top roles – and companies will benefit from more age-diverse leaders, Sarah
Sladek, founder of management consulting firm XYZ University, told participants
during "When Your Employee is OIder: Leadership Lessons for
Millennials," the fourth of six NEW Multigenerational Leadership webinars.
Looking to advance their
careers and take on more responsibility, Gen Y employees are eager to lead and
managers should give them opportunities to learn how to lead, Sladek said.
value systems and approaches to work can cause workplace conflict, though, and
managers should keep in mind that "Millennials judge themselves on
potential and ambition, while companies judge Millennials on results and
Growing up in different eras shapes different views of leadership and seniority, Sladek said. "Millennials have been raised watching some of the most inspirational, innovative leaders of all time" and don't believe a traditional hierarchy is necessary. Younger employees focus on individuality, not conformity.
All generations need to
be reminded of the difference between "leadership" and
"management." Younger generations crave leadership, with an emphasis
on emotional and relational dynamics, over management, which governs through
structure over flexibility.
A new generation of leaders
Millennials who find themselves in supervisory positions should respect the older employees and learn from them. "Their knowledge and experience is priceless," she said.
One tip she offered Millennials:
"Don't look down at your tech. Eye contact is meaningful — and important
to older generations."
Capturing the knowledge of more experienced, older team members before they leave
the workforce is essential. Sladek advised interviewing Boomers – and
guesstimating the attrition rate of team members to know where the company is
likely to lose leadership skills and knowledge. Ask them what they would put on
a list of things to tell the company before they leave.
Staying teachable will help maintain effective leadership. "If you are a
leader of any age, never, ever, ever stop learning," she said. "Every
generation has something to learn, and something to teach."
Multigenerational Leadership series
is designed to help the industry's leaders and aspiring leaders, of all ages,
manage today's multigenerational workforce. The webinar series continues with
"Converting Gen Y to Gen Buy: Close-Up on the Millennial Consumer,"
Oct. 22, 2015 at 1 pm ET. The series is free to NEW members, who may catch up
on past webinars in the NEW
Study Hall. Non-members may view
webinars for $99 each.