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
Here's What Earthquakes Look Like From Inside the Earth | National Geographic
[Music] The question came up of whether you could hear earthquakes, and I said, “I don’t think so, but we could take the data and speed it up and listen to the whole planet ring after an [Music] earthquake.” The seismo show is an ongoing project in which…
Warren Buffett: The SIMPLE way to generate a 30% return per year
Warren Buffett is universally regarded as the greatest ambassador of all time. In fact, he started his professional investing career at just 25 years old when he formed his investment fund. He put just $100 into that investment fund and has parlayed that …
Don’t Buy A Home In 2023 (The Worst Drop On Record)
What’s up Grandma? It’s guys here. So, 2023 is already off to an interesting start. Movie fans can now sue over a misleading trailer. California is cracking down on fake parking tickets, and we’ve just seen the worst housing decline on record coming in at…
Policy and the branches of government | AP US Government and Politics | Khan Academy
As we’ve discussed in other videos, the federal bureaucracy is a huge part of the US government, sometimes even called the fourth branch. It has more than two million employees who work in various agencies dedicated to implementing the law. So, the bureau…
Inside a Dog Rehab Center | National Geographic
We’re going behind the door, so it’ll be a tight squeeze. S.K. and Robin arrived in early 2015. They came to us from Humane Society International, who rescued them in South Korea. They had, you know, told us that these dogs really exhibited behavior that…
Estimating derivatives | Derivatives introduction | AP Calculus AB | Khan Academy
[Instructor] So we’re told that this table gives select values of the differentiable function F. So it gives us the value of the function at a few values for X, in particular, five different values for X, and it tells us what the corresponding f(x) is. …