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
Bill Ackman's New Stock for 2022
One of the best ways to learn about investing is to study great investors and the investments that they make. One investor whose portfolio I like to follow closely is billionaire Bill Ackman. He runs one of the most closely followed portfolios in all of f…
Strategies for dividing by tenths
Let’s do a few more examples of thinking of strategies for dividing decimals. In the future, we’re going to come up with a more systematic way of doing it, but it’s really important to come up with some of these strategies because it gives you an intuitio…
Interpreting plotted points
The graph below shows the relationship between hours of exercise and hours of screen time for a group of five friends on Thursday. So if we look over here, we can see that here on this horizontal axis, when we’re going from the left to right, it says hour…
Comparing multi digit numbers word problems
Two baseball teams are comparing the number of fans who attended their most recent games. The attendance at the Stanleyville Sliders game was 12,896 fans. The attendance at the Benson Bats game was 12,991 fans. Which team had more fans at their game? Pau…
Life Lessons From a 7-Thousand-Mile Bike Ride | Short Film Showcase
[Music] I’ve met a lot of older people: grandparents, teachers, who give me the spiel of, “My life went by so fast. Just yesterday I was 19 or 25, and now I don’t know where all that time went. I just blinked and I was 80.” And I think about that, and I…
INSANE Watches Inspired By Firefighters
So we actually make the watches, Kevin, from genuine upcycled firefighting materials. So even the case itself has 100 years of real firefighting history, we say, beating through every component. This is a wonderful here, Geneva, Switzerland, with Johnny G…