Millennials at the Helm – And What They Need To Succeed

Millennials

A new research report issued by WorkplaceTrends.com, a research and advisory group, and Virtuali, a leadership training firm, identifies why Millennials want to lead and what they need to be equipped to lead effectively.

#1. Millennials want to lead.

An overwhelming majority of Millennials see themselves as future leaders. Of the 412 Millennials surveyed, 91% aspire to hold leadership positions sometime in their career. More than half (52%) of those who plan to lead are women. This is good news for the leadership pipeline in most organizations, at a time when research shows that only 14.2% of the top five positions in S&P 500 companies are women.

#2. Millennials aspire to be transformational leaders.

63% said they wanted to be transformation leaders, defined in the study as seeking to inspire and challenge followers with purpose and a sense of excitement. This is consistent with their desire to empower others, with a full 43% reporting that empowerment is their biggest motivator for leading others. By contrast, only 5% reported money as their top motivator and a mere 1% reported power as their top driving force.

#3. They need leadership training.

And they aren’t getting it.  More than half (55%) reported dissatisfaction with the leadership development opportunities offered by their company. With the first Millennials hitting their mid-thirties and a glut of baby boomer retirements on the horizon, companies would be wise to heed Millennials warning and get them the leadership training they need.

#4. They want to learn online and with mentors.

Millennials reported wanting to learn online, when asked what type of training would be most effective.  A full two-thirds (68%) reported that online training would best suit their needs.  More than half (53%) said they would like to learn from mentors.

#5. Communication is the most important leadership skill.

58% of the Millennials surveyed reported communication as the single most critical skill for leaders. Other research has shown that Millennials want to make the world a better place and value that over extrinsic factors like money. Being able to clearly communicate the values and mission of your organization can make all the difference in attracting the top talent the Millennial generation has to offer.  And then provide them with the communication training to lead the organization to carry on.

 

Question:

What leadership training is your company offering for Millennials?

 

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    fitness_assessment

    I’m starting to work with a fitness trainer.  This morning I did a comprehensive fitness assessment with my trainer and I gave it my ALL. I left nothing in me. Zero. Zilch. Nada.  I poured it all onto the mat, the treadmill, the weights.  At the end, I was exhausted and wobbly. And it felt terrific.

    I was furnished with an 11 page report that shows that, indeed, I performed to the very best of my ability. The pages confirm what I feel in my body: exhaustion and pride in a job well done.

    Here are five reasons to give it your all, but only sometimes.

    1. You show yourself (and others) what you are capable of. Giving it your all is a proving ground. Whether it is a performance, a workout, a sales record, a project well managed or something else, you will show what you’re made of when you put it all on the line.
    1. You can do more than you thought you could. You will surprise yourself. I certainly didn’t know I had 15 consecutive, well-paced push-ups (with excellent form, no less!) in me. I scored above average for women of my age on that section. Who knew! I surprised myself and you will too.
    1. In a word: Accomplishment. You will feel proud of yourself for what you’ve accomplished. Success breeds success. There is nothing like laying it all out on the pavement and feeling satisfied with a job well done to make you feel like getting up and doing it all over again – at some point in the future.
    1. Knowing that you used all of your gifts and talents. You will feel gratified knowing that you’ve put your gifts and talents to your best use. As Wayne Dyer says, “Don’t die with your music still in you.” When you give it your all, you know with complete certainty that you will not die with your music still in you. You are making the best music you possibly can.
    1. Create a solid foundation for the next time. Some call it a benchmark, others a milestone. Whatever you call it, it marks where you’ve been and what you could do when you were there. Down the road a stretch, when you’ve learned more and built more muscle (figurative or literal), you can give it your all again – and your all will be even more/bigger/faster than it is today. Without giving it your all today, you won’t be able to accurately measure your progress tomorrow.

    So go out there and give it your all. But only sometimes.

    Why only sometimes?

    In a word: burnout. It is not sustainable to work at that pace, that intensity, that level of performance for very long. Your body and mind need to recharge and refuel.  Whether I’m on the mat in the gym or on the stage speaking at a conference, I want to give it my ALL in that moment, to create something special, to raise the bar as high as it will go for an hour. It’s not sustainable to perform at that level all the time. Nor would any moments feel special.

    I want to give it my all and use all of my gifts and talents on the stage so I feel just as spent after presenting to an audience as I do after a hard core fitness assessment. Nothing left in me.

    And then?  A tall drink of water and a nap.

    When you do give it your all?

    Leave your response in the comments below.

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