Developing Millennial Leaders Presentation

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Introduction and Objective Identification

  • Millennials should take on leadership roles;
  • A particular plan should be employed;
  • Management and millennials should work together (Nahavandi, 2015);
  • The workforce should be regarded as creators and innovators;
  • Leadership should align activities with company goals;
  • The success of activities should be measured.

Millennials are a generation with certain peculiarities, which senior leadership should keep in mind when encouraging them to take on leadership roles. It is crucial to develop a particular development plan, which will encourage both management and millennials to cooperate closely (Nahavandi, 2015). The objective is to allow the workforce to implement their creative and innovative ideas as leaders so that the company moves to a new level of success. Also, it is essential for the leadership to take an active part in this process. Furthermore, the result of the activities should be evaluated.

Introduction and Objective Identification

Methods of Achieving the Objectives

  • Constantly communicate with the company workforce;
  • Provide company management with coaching tools (Lyons & Kuron, 2014);
  • Educate the workforce on relatable leadership models;
  • Conduct a personality assessment (Lyons & Kuron, 2014);
  • Consultation, delegation or group decision-making strategies;
  • Teach millennials how to manage different situations.

To achieve the discussed objectives, it is necessary to communicate with the workforce and allow two-way feedback. Also, managers should be provided with coaching tools so that they know how to encourage millennials to develop their potential at the workplace (Lyons & Kuron, 2014). In addition, millennials often need to relate to life experiences. Therefore, managers should provide the workforce with the appropriate leadership models. Teaching millennials how to manage different situations is essential as well, and consultation, delegation or group decision-making strategies can be useful in that matter.

Methods of Achieving the Objectives

Ways to Measure Success

  • Quarterly reviews help measure intermediate results;
  • Managers should meet with millennials frequently to discuss the progress;
  • Timely feedback helps keep them motivated (Nolan, 2015);
  • Semi-annual reviews additionally help measure success;
  • Managers should conduct a detailed performance observation;
  • Incentive programs based on performance metrics.

Quarterly reviews are a great way to measure success throughout the process of turning millennials into company leaders. Management should communicate with the workforce frequently enough to ensure they stay informed on their progress. In addition, timely feedback is helpful in keeping the employees motivated (Nolan, 2015). Apart from that, semi-annual reviews can be introduced as another tool for measuring success. Managers will receive an opportunity to carry out detailed performance observation and introduce incentive programs based on performance metrics to encourage millennials to keep up the good work.

Ways to Measure Success

Conclusion

  • Millennials can become great leaders due to their creative abilities;
  • Teaching them to adapt is essential;
  • Every employee should understand their mission;
  • Management should be equipped with coaching tools;
  • Both millennials and management will benefit from regular reviews;
  • Incentive programs will help keep millennials motivated.

It can be concluded that millennials can become great leaders and bring the company to a fundamentally new level due to their creative abilities. However, it is necessary to help them adapt to various work settings and situations. In addition, every employee should understand their mission in the company and the team. Managers should be equipped with effective coaching tools to achieve these objectives. Both millennials and management will benefit from quarterly and semi-annual reviews, and incentive programs based on employee performance will ensure that millennials stay motivated.

Conclusion

References

Lyons, S., & Kuron, L. (2014). Generational differences in the workplace: A review of the evidence and directions for future research. Journal of Organizational Behavior, 35(S1), S139-S157.

Nahavandi, A. (2015). The art and science of leadership (7th ed.). London, England: Pearson.

Nolan, L. S. (2015). The roar of millennials: Retaining top talent at the workplace. Journal of Leadership, Accountability and Ethics, 12(5), 69-75.

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IvyPanda. (2022, June 14). Developing Millennial Leaders. https://ivypanda.com/essays/developing-millennial-leaders/

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"Developing Millennial Leaders." IvyPanda, 14 June 2022, ivypanda.com/essays/developing-millennial-leaders/.

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IvyPanda. (2022) 'Developing Millennial Leaders'. 14 June.

References

IvyPanda. 2022. "Developing Millennial Leaders." June 14, 2022. https://ivypanda.com/essays/developing-millennial-leaders/.

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