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
CREEPY WOODY !!! -- IMG! #31
Creepy Woody and this place is great for kids. Wait… It’s episode 31 of IMG! Parents are awesome, except when they play favorites. And here’s Bert in real life. There won’t be any cats in this episode, but there will be zombie jean shorts, rigor mortis gi…
3D Photographs Of Things We Have Lost
Just a few years after this photograph was taken, the quagga, a subspecies of zebra, was hunted to extinction. This is actually one of the final two photographs ever taken of the quagga; the other was taken at the exact same moment, just a few inches to t…
How to Invest for an 8% Return
What’s up you guys? It’s Graham here. So, probably one of the most common critiques I get in my videos is it’ll often assume and base my calculations off of an 8 percent return. And probably one of the most common comments that get in response to this is,…
Math on the Brain | Dirty Rotten Survival
I don’t have to go to the ice. I’m in trouble. Dave Canterbury crawled on his belly to look over that cliff. What I have to hope now is I can actually get them to take a bet here that’ll give me usage of the rope. Yeah, here we go, here we go. If I can t…
Estimating quotients
We are told to use estimation to tell whether each estimated quotient is reasonable or unreasonable. So we have a bunch of estimated quotients here. Someone is estimating that 2419 divided by 3 is roughly equal to 7500. We have to figure out is that reaso…
Raja Ampat: The Last Stronghold of Healthy Coral Reefs | National Geographic
Coral reefs are the rainforests of our ocean, supporting millions of marine species and human livelihoods. But according to UNESCO, they could collapse by as soon as 2100. Scientists have identified several super reefs that could withstand ocean warming a…