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
Doc Brown "Loved Himself Some Einstein" | StarTalk
Einstein always kind of, uh, amazes me. And it was he amazes us all, by the way. Yes, yeah, and he was just a clerk in the patent Department. Yeah, nobody knew, you know, but he’s going looking at this, and there’s a railroad station. And he spent a lot …
The Illusion Only Some People Can See
I am going to turn myself into an optical illusion by going through this window right here. Ah, (grumbles) huh. Okay, I’m good, oh, not good. I was gonna say I’m good, I’m not good. Okay, so you’re looking at this window and it looks like it’s turning ar…
Free Solo - Trailer | National Geographic
It feels different to be up there without a rope. It’s obviously like much higher consequence. People who know a little bit about climbing, they’re like, “Oh, he’s totally safe,” and then people who really know exactly what he’s doing, I freaked out. I’ve…
Money: Humanity's Biggest Illusion
If I asked you the question, “What is man’s greatest invention?” what would your answer be? There’s a lot of options. Would it be fire because it gives us warmth, protection, and the ability to cook our meals? Or perhaps you would pick the wheel because i…
Don’t Buy The Dip | The Stock Market Is Broken
What’s up guys, it’s Graham here. So today, let’s try to answer one of the most puzzling questions of the market that some people spend their entire lives trying to decipher, and that would be: why did the market just go up? Is this the feared dead cat bo…
Why Die?
When do you want to die? The Reaper is busy, but he can fit you in right now. Too soon? Later, perhaps? Future you will keep the appointment? Old and with a life fully lived, perhaps ever so slightly bored and ready? Now you might think that, but when th…