How Millennials Are Changing The Way We View Leadership
In less than two years, Millennials will become the largest employee demographic. They’ve already become a major influence shaping the future of work, and as 10,000 Baby Boomers reach retirement age every day, they’re quickly advancing in the leadership ranks as well.How will leadership change with this new generation taking the helm? The most notable change will be the way we approach and view leadership. Authoritarian leadership is out, and inclusive leadership is in. The emerging trend in leadership is a manager who directs, not commands. Long gone are the days when the boss can hold the role of a dictator, disconnected from the employees sitting somewhere in a corner office. Millennials even prefer the term leader rather than boss. Millennials also want direct connections with leadership teams, from their reporting manager all the way up to the C-Suite. They believe that everyone in the company should be accessible, regardless of title or seniority. This more linear method of leadership goes a long way in building trust, loyalty, and dedication in Millennial employees. As leaders themselves, they place a high value on open workplaces with less emphasis on company hierarchy. They strive to create inclusive workplaces where everyone has an opportunity to share their voice, regardless of position or title. In this same regard, Millennial leadership is highly collaborative. They consult with managers, peers, mentors, and other advisors before making decisions. With their networks always at the tips of their fingers, they can quickly consult with their trusted circle of advisors or crowd source an answer to a question. How can companies help Millennials grow as leaders? The best way to help Millennials grow as leaders, whether they’re in a management position already or simply on the path to one, is to teach them as much as possible. Almost any situation can be turned into a learning opportunity. Give them the chance to lead – start small, and if they prove they can handle the responsibility, give them more. Millennials need more direction than previous generations, but given the right support they can become the most valuable employees to any company.