yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Millennials: Entitled or Just Ambitious? | Big Think


3m read
·Nov 4, 2024

Millennials need to have meaning. When you grow up in a world of abundance, your basic needs are met. Okay, so that's just an expectation. Of course, I'm going to get a salary, and of course, I'm going to get benefits. What I want is a job that has meaning to me, that connects to my life purpose.

And you can only have that if you have a really strong culture that says, "Here's who we are as an organization. Here's why it matters to us to be this way." Organizations that are clear on that are going to be more appealing to millennials than the organizations that simply say, "We do XYZ work and we have this opening position and you should work for us and that's it."

The organizations we saw that are doing this are designing their organizations around the needs of the employees, not the needs of management. And they’re making their work experience customizable, and they're building in continuous innovation and improvement into management, which is new.

We used to sort of come up with our best practice, and as soon as we had that, we did that for the next 20 years. That doesn't work anymore. We have to be more fluid. The traditional organization relies heavily on hierarchy and heavily on paying your dues.

So in order to advance in the company, the standard rule is you have to come there, and you have to work; you have to do work you don't like for a certain period of time, so that you can graduate to a different level where you get to do work that's a little bit better, and then working some more, and then eventually start managing people, and eventually start having authority to make decisions or do things on your own. That organization just doesn't make sense to millennials.

I mean, we interviewed millennials for this book, and the general theme from our response from millennials was, "Why are you guys running it like this?" Like, they're literally scratching their heads saying, "Why would you run an organization like this? Why would you not empower people who are closest to the customer, for instance, to make a decision? Why would you not share information?"

That's a huge one in organizations that millennials don't get. To some extent, the earlier generations are going to have to learn to give up control. That's a big theme I'm seeing in organizations that most of our management systems are based on control being a good thing, and I'm finding organizations that give up on that actually get to achieve more.

And so I think smart organizations are going to get clear, looking at their millennial workforce, much of whom are going to be entry level, to say, "I know you're entry level, but in this area, I'm going to let you run with it." Like, within these walls, you can do whatever you want; you can experiment; you can be in charge.

And so you just have to be clear about where those walls are so that they don't have huge impacts on the rest of the enterprise. But find places early on to do that so they have the experience of making their own decisions. I also think, in general, organizations will be pleasantly surprised when they start letting their employees experiment because I think they'll start seeing results that they wouldn't have predicted that they would get.

More Articles

View All
#shorts How To Stay Sharp
I was doing some work on CNBC a couple of years ago, and all of its live right. It was a halftime report, and I felt like I was losing my concentration. I couldn’t even remember the stocks we were talking about. So, I actually went to see this guy named R…
He Grew Up in Antarctica — And Now He's Leaving | National Geographic
[Music] Well, definitely. I mean, it’s all, he’s been part of what I’ve known, what I’ve done, so I guess so. You usually attach to what you know, where you come from. I was born in South Georgia, sub-Antarctic island, but my family’s been sailing here f…
Stop Trying and You'll Succeed
There’s nothing worse than a sleepless night. We’ve all been there, tossing and turning. You focus all your mental power on trying to fall asleep. With all your will, you force yourself to shut your eyes, turn your brain off, and pray to be whisked away i…
Why I Just Lost $4,000,000
What’s up guys, it’s Graham here. So here’s the deal: despite me saving the vast majority of my income, reading all things personal finance, and trying to be the best example to everyone who watches my channel, I’m four million dollars in debt. Initially,…
Story time: EXACTLY how I met my three mentors
I’m going to share the three people who have made the biggest impact on my life, who have been my mentors, exactly how I met them and how that happened. So let’s start here; we’re going to go old school. My first mentor I met when I was about 13 years ol…
Vortex Shedding - Smarter Every Day 23
[Engines screaming] Hey, it’s me, Destin. We’re at an airshow. So today I’m going to teach you about vortex shedding. [Music] Engines screaming YEAH! (Destin) Fly… flying our airplanes. Engine roaring I can’t hear you. Why does the smoke come out of the a…