they believe innovation is the catalyst · 9/6/2015 · millennials… big time! 78% of...
TRANSCRIPT
Millennials want to change the world, and they believe innovation is the catalyst.They will lean into their high-tech and hyper-connected upbringing to find
answers to today’s complex problems. Innovation matters toMillennials… big time!
78% of Millennials were strongly influenced byhow innovative a company was when
deciding if they wanted towork there
66% of Millennials work in organizationsthat actively encourage/reward its
people for innovative ideas
LinkedIn has their own internal incubator where employees are encouraged to innovate. Once a quarter, employees can come up with a new idea, put a team together,
and pitch their idea to the executive team. If their idea is approved, theyare able to spend up to 3 months time dedicated to turning the idea
into something that benefits the company.
New research reveals employees (especially Millennials) get more done and havea better impression of their employer when they have workplace flexibility.
Millennials are interested to customize their career tracks and thework that they do. Millennials grew up in an age of customization
enabled by the Internet. They now expect a similarlevel of customization at work.
69% of Millennials believe officeattendance is unnecessary
on a regular basis
73% of Millennials expect to be able to modify and customize their work
computer
63% will go around IT to findthe solutions they need
Rigor, awarded best place to work in Atlanta for 2014, has a “work from anywhere,anytime” policy and a “take vacation whenever you want” policy. This
flexibility builds trust with employees. The average Rigoremployee only takes 10-20 days off a year.
Millennials seek collaboration. They learn better and quicker in teams. And oftentimes they will leverage their social networks to crowdsource their research
or decision making. In fact, McKinsey predicts that social media has thepotential to save companies $1.3 trillion, largely owing to
improvements in intra-office collaboration.
74% of Millennials ranked a collaborative work environment as the first or second most
important characteristic they look forin the workplace
74% of Millennials prefer tocollaborate in small
groups
Treehouse, a company that teaches people how to build websites and apps,has an internal collaboration and project management tool called
“Flow” where employees can propose projects and thenrecruit people for the project.
Millennials want a clear picture of what is expected of them in the workplaceand what skills and experience are required to level-up and
accomplish more at work.
50% of Millennials believe theirorganization could do more
to develop future leaders
#1 reason Millennials leaveorganizations is lack of
career opportunity
Dreamworks Animation, the 2,000+ person company with hits like Shrek, Rise of the Guardians, Antz, and others, allows any employee to pitch a movie idea to
members of the executive team. More importantly, Dreamworksoffers workshops and mentoring on how to make
the movie pitches successful.
Growing up in a time where the barriers for entrepreneurs have never been lower, Millennials embrace an entrepreneurial mindset. They desire ownership
of their positions, tasks, and ultimately their careers. Plus they have beenmanaging their own personal brands since the dawn of
social media.
89% of Millennials would prefer to choosewhen and where they work rather than
being placed in a 9-to-5 position
54% of Millennials either want tostart a business or already
have started one
Valve, a $4 billion dollar video game company, offers modular work where employeesget to select the projects they work on the same way they would if they
were freelancers. Employees have control of their work,and they own their outcomes.
Most Millennials define career success by how meaningful the work is.They are attracted to organizations with heavy impact and to leaders
who can communicate the purposeful vision of theorganization.
92% of Millennials believe businessesshould be measured by more
than their profits
84% of Millennials say making a differenceis more important than professional
recognition
At Warby Parker, an innovative eyeglass retailer, for every pair of glasses purchased,a pair is distributed to someone in need. It’s a one for one model much like
Toms Shoes. So far, they’ve distributed over a million pairs of glassesto people in need. Their is a clear purpose for every pair sold.
And the purpose of every employee’s workis bigger than themselves.
The 2014 Millennial Study Deloitte
Mobile Enterprise Cisco
Forbes IdeaPaint
Forbes Deloitte Millennial Study
Millennial Branding Kauffman Foundation
Bentley’s University’s Center For Women & Business Deloitte
An internationally recognized keynote speaker and author. He helpsorganizations better lead, communicate, and market to the
emerging generations (Millennials & Generation Z)
Experience the Blog & Podcast:www.ryan-jenkins.com
Consider Ryan to be your next Millennialor Generation Z keynote speaker
ryan-jenkins.com/[email protected] 770-695-7204
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