According to the Goldman Sachs (2017) website there are about 9.2 millions Millennials in the United States. This generation is beginning to enter the work world or already has and the older generation doesn’t seem to understand them. Millennials can be hard to understand because with each and everyone of them technology has played into their lives and shaped them differently from older generations. The Millennial generation is looked down upon because of the amount of technology they use, but others don’t understand that technology is what makes the generation millennials. Millennial has had technology to help them become their own bosses, more informed and aware, and more educated. Millennials are the rising generation of entrepreneurs because they find that the traditional pathway in life are leading to nowhere. With the help of technology and internet it is an quick and easy process to start up your own business. Upwork formerly known as Elance Odesk is the world's largest freelance marketplace. Upwork’s study on millennials shows that 79% of millennials would take the opportunity to work for themselves. (Elance, 2014) One of the small ways to being your own boss is Youtube. Youtube is free to all and accessible to all. Once they have caught the people's attention on Youtube they can begin building up from it. For example, The channel JustKiddingFilms started off with a group of small friends just making silly videos and spreading news. As of now they’re at 1.6
Many employers are challenged with handling the millennial due to the lack of proper understanding of this generation since there is plenty of myths, propagated through anecdotes and assumptions. However the separation of the myths and the facts is important for an organization so as
In the article, “The New Greatest Generation: Why Millennials Will Save Us All,” by Joan Stein, Stein expresses his views through a complex game of mind control. He captures his audience, the older generations, in the beginning of the article by writing what they want to hear, then switches to the difficult truth, and finally tells the audience that it doesn't matter about what he has to say, but by how they view change. His claim, “So, yes, we have all that data about narcissism and laziness and entitlement. But a generation's greatness isn't determined by data; it's determined by how they react to the challenges that befall them,” (Stein 34) shows just how much he wants to show his audience the difficult truth, and makes them feel bad about being mean to the millennials.
Upon reflecting on the three main generations that comprise the workplace today, a few differences emerge. “Baby Boomers” grew up in a time when movements were prominent, the Vietnam War occurred, key figures were assassinated, the Watergate Scandal occurred, and television was introduced (Twenge et al., 2010; Schullery, 2013). Overall, “Baby Boomers” seem to exhibit a distrust of authority, value hard work, and want to enjoy their achievements (Robbins & Judge, 2015; Twenge et al., 2010). As such, they are results driven and give their utmost effort (Robbins & Judge, 2015). “Generation X” grew up in a time of computers, divorce, two career parents, MTV, and economic uncertainty (Twenge et al., 2010; Robbins & Judge, 2015). For the most part, they seem to exhibit the workplace behaviors of independence and a lack of commitment to employers (Twenge et al., 2010). They value a balance between work and life and place more focus on extrinsic rewards such as monetary compensation (Twenge et al., 2010). “Millennials” grew up in prosperous times with technology dominating the era and over-protective parents (Robbins & Judge, 2015; Schullery, 2013). Generally, they seem to place a greater value on employee benefits, leisure time, teamwork, and open communication (Society of Human Resource Management, 2004; Twenge, 2010; Myers & Sadaghiani, 2010). In addition, they have also been given the labels of “self-centered” and “entitled” (Myers & Sadaghiani, 2010).
Youngsters, nowadays, are tech savvy or computer literate. Adults call these youngsters the “Millennials”. Millennials grew up with what technology can offer like personal computers, gadgets , and the internet. Positive and negative effects, advantage , and disadvantages will always be present.
Pew center mentions millennials were raised with technology, but they are narcissists. A new generation use the technology then the old generation. Millennials also affect by many traumas such as 9/11, war, the great recession. Tenenhaus prefers job that pay less, but
The so called millennial generation, also referred to as Generation Y and commonly called the Net generation, due to the effect of the internet, are made up of citizens in the United States born between the years 1978 and 1999. This generation has become very familiar with technology because they have grown up with it. They were raised with this new technology such as e-mail’s, instant messaging, and even cell phones. Not all of these new devices have been helpful. In the workforce specifically things have changed especially with communication. Many business had to change their ways of “running the firm” to adapt to the new generation. Business are struggling to adapt to their technological ways, and the effects
There are many challenges facing managers and leaders in current workforce. The variety of cultures, races and generations in today’s environment is making work harder. “Managing will also get even more difficult because of globalization, multi-generational workforce, dependency on technology, unethical behaviors and practices.” (Kaifi,2013,pg.217). In this paper I will talk about the three generations that we have had over the past sixty years – the Baby Boomer Generation, Generation X and the current Generation Y, known as Millennials. This rich mix of generations in the workforce can be attributed primarily to labor shortages experienced in many industries and the rising average age of retirement.
Millennials and the older generations do have distant relationships in the workplace that needs a resolution to provide a productive and excited work environment that produces results. These critcism about Millennials Steve Gavatorta witness at his own work environment, he states, “One of the common issues I experience when working with clients, who are primarily Baby Boomers and Gen X’ers, involves Generation Y entering the workplace,” Gavatorta describes how he personally experience these objections daily about Generation Y in the workplace, and how the older generations protests about Generation Y and the communication barrier with technology, their sense of entitlement, and their work ethic. Generation Y’s differences compared to the
“The kids of today are throwing society away,” cry the Baby Boomers meanwhile the Millennial and youths are tweeting that the “olds ruined our country, our society and our planet.” Both groups are transfixed in this eternal smear campaign with each declaring the other to be morally repulsive and ignorant to their values, but this is rather ironic as each generation has been just as progressive and equally rebellious to society as the generation that came before it. Millennials and Baby Boomers aren’t even that different: they each fight for social change and justice, both create their own culture and find their own way to achieve nirvana, and neither really know where they’re going in life, yet both seek economic prosperity. Take this slightly
The four major societal factors that caused millennials to struggle in today’s workspace is parenting.technology, impatience, and environment. First, failed parents strategies some parents always told their kids that can have anything and never really have to work for it. Secondly, technology is that more kids are focusing more on what’s on social media than what’s happening in the real world. Thirdly, Millennials are very impatient if they see anything that they want they have to have it. Fourthly, environment everywhere we go there's technology. The effects social media have on millennials is putting filters on things to “prove” to people or make it look like you're living this perfect little life. It’s highly addictive. It’s so crazy how, that people go on social media to talk about their problems and look for solutions on the internet instead of talking to a family member or someone that totally gets them. When people are stress they don’t turn to their peers or family member they turn to
“Millennials as a group of a generation are a group of people who were born 1984 and after are tough to manage, they’re accused of being entitled and narcissistic” as stated by Simon Sinek in the video Millennials in the Workplace. While most would agree with this assumption of millennials, no one ever takes a moment to examine why are millennials are this way. There are reasons as to why one generation can’t clean up the mess that past generations have left behind; in order to make our lives easier, it requires not the participation of one generation but multiple. As a nation we need everyone to work together to ensure high quality of life, to stop treating people as if they were a commodity, to ensure a better future. All of these life changing
The American dream hasn’t died and it’s still alive today with the young Americans generation know as “Millennials.” The traditional pathway in reaching the dream has been altered to include bigger and better expectations. Young Americans want to have ownership without the help of their parents, but there’s certain things that come in between. Back in the days it was fairly easy for the Baby Boomers and Gen-X while attending school. Typically, not all Millennials attend college therefore the majority of them have other envisions. Millennials don’t have the same ideas as back then they want to travel and explore before settling down, owning a house and be sure to have flexibility.
The millennial generation, which includes people born in the 1980s and 1990s, is approaching the age where people begin put their values into play, begin developing their views on the world, and their attitudes towards topics. This is how the characteristics of a generation are defined, and how the identities of people within the cohort form.
In an interview of 2016, Simon Sinek analyses and discusses the topic of Millennials within the workplace. Throughout Sinek’s speech in his interview, he explains the disadvantages which Millennials have faced while growing up in their generation. Now, Sinek claims that the reason why Millennials have been dealt such a “bad hand” in life, is a result of failed parenting strategies, and an imbalance of technology along with social media (which has advanced like never before within the adolescence of Millennials). Therefore, the imbalance of the internet and real-life interaction results in millennials being unable to form deep and meaningful relationships, in order to carry out happy and meaningful live in comparison to previous
When it comes to Millennials, there is nothing that screams “business as usual.” Consequently, savvy leaders who want to remain successful in the global business arena, must concede their current method of attracting, engaging, developing and retaining Millennials as future global leaders is ineffective. Therefore, today’s leaders must develop a more compelling strategy to entice Millennials into leadership. Failure to use strategic foresight to recognize trends regarding future organizational trends and take timely actions to change their tried and true, old school philosophy regarding developing and retaining talented employees will result in losing the competitive edge, which is driven by technology-laden Millennial’s who are poised to innovation.