New talent seeks new thinking
Tuesday, November 17, 2015
Posted by: Rufino Cabang
Most industry employers do
not fully understand — or respond to — the needs and workplace preferences of the industry's youngest talent, which
is leading to high dissatisfaction and turnover, according to Sarah Sladek,
founder of management consulting firm XYZ University, during "Workforce
2020: Getting Ready for Tomorrow's Talent," the final webinar in the NEW
Multigenerational Leadership series, Nov. 12, 2015.
As Baby Boomers are no longer the majority of the workforce, companies need to better
understand the Millennial, or Gen Y, and Gen Z mindset to attract and retain
top talent. "We are really going to see the demand for organizations to
move from being in an industrial era to post-industrial thinking and acting,"
generations, Millennials don't feel a need to conform to established thinking.
"It's okay to take a risk, make a mistake, try something new," she
Having a voice, and a
value, are important to Generation Y employees. "New talent needs to know
they're in the driver's seat," Sladek said.
For the upcoming, younger
Generation Z, technology is not only digital, it's also mobile. The need for workplace
flexibility will increase.
Generation Z expects
multiculturalism as well. Now entering college and career this year, the oldest
of Gen Z has never known a world without diversity and inclusion.
hierarchies are losing their relevance in the changing workforce.
"Experience and wisdom are no longer supreme," Sladek said. "The
commodity is now innovation."
started more companies than any other generation," she added. "They
migrate toward this idea of entrepreneurialism. It's freedom. It's
entrepreneurial spirit can drive business success. Sladek urged leaders to ask
themselves if every member of the team is working toward the goal and if all
team members have a stake in innovation. "[Younger talent] wants to be asked
to use their minds in creative ways," she said.
Multigenerational Leadership series is designed to help the industry's leaders
and aspiring leaders, of all ages, manage today's multigenerational workforce. NEW
members may catch up on past webinars in the NEW
Study Hall. Non-members may view
webinars for $99 each.