It seems the Millenial generation of workers are redefining the term. In Tribe’s research with Fortune 100-company employees under age 35, we found that these younger workers consider building a strong team and good relationships to be high indicators of leadership.
To Gen X and Gen Y employees, being a leader means:
• Inspiring others to do their best (76%)
• Helping to develop other members of the team (63%)
• Building strong relationships above and below in the company (59%)
What does that mean for your company? According to Forbes, “[The] ability to attract, develop, and retain young leaders will make or break your company in the coming years.” Moving forward, think about where the strengths of Millenials lie: in technology, network building and diversity. Creating an environment centered on these ideals is key to investing in the next generation of the workforce.
How can you use this changing mindset to your advantage? The type of leadership Millenials crave is one that is rooted in transparency, open-door policies and, perhaps most importantly, building an office that thrives on teamwork. In Tribe’s research, we’ve found that these are things that most employee, regardless of generation, can identify with.
The days of “climbing the corporate ladder” are coming to an end. Corporate vernacular is moving away from the image of a “ladder”, in terms of success, instead using the lattice as a representation of the ideal. We’re no longer clambering to get to the top as individuals, we’re supporting each other and finding success together.
Need help reaching Millenials or bridging the generational gaps in your office? Give Tribe a call. We’d love to help.