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Stick Like Glue Radio #161 On this special episode of Stick Like Glue Radio, I interview acclaimed communication strategist and author of the hit book, Millennials & Management: The Essential Guide To Making It Work At Work, Lee Caraher. A fun interview and some good nuggets!

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Stick Like Glue Radio www.getjimpalmer.com

Main Questions Asked:

• How can someone who owns a business work around millennials job-hopping nature?
• What is the best way to manage a millennial?
• How do you define and what are some of the characteristics of millennials?
• What struggles have you had hiring millennials?

 

Key Lessons Learned:

• A business without millennials is a business without a future.

The Multi-Generational Workplace
 

• This is the first time in history that there are four generations working together in the workforce; Millennials, Gen X, Baby Boomers, and people over 68 years old.
• Baby Boomers are the ‘wait my turn’ generation and waited until they got elevated in the ranks.
• Even in the millennial generation, there is a big difference between the younger and older group.

The Impact of Technology

• Technology has allowed for such a difference in education and how people work together.
• Today we have more computing power in our hand than NASA did in order to put a man on the moon.
• There used to be barriers to information, action, and power; however, this doesn’t exist for millennials.
• The world is flat for millennials, meaning they are one click or tweet away from anyone in the world.

 

Who Are the Millennials?

• Millennials are an age group of people who are currently 15-35.
• There are 80 million millennials in America today.
• Self-starters.
• Digitally native.
• Change makers who want to change the world.
• Believe money is not the only currency.
• Very confident and able to make change fast.
• Intent on participating.
• Community-minded and look at the bigger picture.
• Looking for a mentor and wanting to learn.

 

Millennials and Job Hopping

• Millennials have a reputation for job-hopping, a lot of which is due to them seeing their parents lose their jobs and savings by putting all their eggs in a single company’s basket.
• Parents have been warning millennials not to count on one job, and create their own careers.
• The average term of employment for a person under the age of 28 in San Francisco is about 18-months.
• Millennials don’t ‘want’ to job hop if they don’t have to. If there is a possibility to move forward in their career, they will stay as long as there are opportunities.
• Employers need to explain the different opportunities available for millennials within an organization over time.
• We used to think about job loyalty as how long the person was at the company. It is now thought of loyalty over the course of the person’s career.

 

Managing Millennials

• Bring context to everything millennials are doing. “Just because I said so,” doesn’t work with this group.
• Explain every person’s role on the team and dependencies. This brings focus and purpose to millennials in the workplace.
• Not letting the team down is more important than not living up to the boss’s expectations.
• Millennials are used to having ides being put into action immediately.

 

Links to Resources Mentioned

Millennials and Management
Lee Caraher

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A business without millennials is a business without a future. Find out why w/ @ leecaraher @newsletterguru https://www.getjimpalmer.com

Why are contexts, dependencies & roles so important to millennials? Find out w/ @ leecaraher @newsletterguru https://www.getjimpalmer.com      
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