Millennial Generation Leadership Paper.docx - Millennial Generation 1 Leadership and the Millennial Generation Anika Chowdhury Business Leadership BUS

Millennial Generation Leadership Paper.docx - Millennial...

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Millennial Generation 1 Leadership and the Millennial Generation Anika Chowdhury Business Leadership BUS 5453.24 Leadership Research Paper Dr. Kerry S. Webb 10/28/18
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TABLE OF CONTENTS Introduction .................................................................................................................................. 3 Who are millennials? .................................................................................................................... 3 What makes them different? ......................................................................................................... 4 What are their strengths? .............................................................................................................. 4 What are their challenges? ........................................................................................................... 6 How will they adapt? .................................................................................................................... 7 How will the workplace adapt to millennials? ............................................................................. 7 Conclusions .................................................................................................................................. 9 References ................................................................................................................................... 11
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Introduction Do millennials make an effective leadership? How are they any different from previous generation, such as the Baby Boomers or Generation X? Millennials have been changing the working environment in every firms since they came into the business industry almost a decade ago. Millennials aspire to be leaders, and now since they are getting older, they are already jumping into leadership and management positions. According to Sahai (2017), she stated that a study conducted by Workplace Trends found 91% of millennials who responded want to have a leadership role in their company, and 52% of whom were women. And another study conducted by Bentley University determines that 66% of millennials responded that they would like to start their own business (Sahai, 2017). So, based on the findings and resources, it is revealed to the community that millennials want to bring new perspective ideas of leadership in several specific ways, not just in the workplace, but also across community in general. Let’s discuss what kinds of leadership that Millennials will offer in the business industry, what their leadership style will look like and what they’re meant for in the future of work. Who are millennials? There are many different meanings of “millennial,” however, according to Alton (2018), he mentioned that the earliest year for the Millennial generation is at 1981, which means that the oldest Millennials are now 36. Based on the Pew Research, it was reported that those who were born between 1981 and 1996 and the first generation to come of age in the new millennium are considered as the Millennial generation, In a Harvard Business Review, it has reviewed that the average age of first-time managers is 30, which means that millennials are in the right timing to become managers and may possess managerial skills and roles.
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What makes millennials different? Based on the findings and data, it was discovered Millennials are changing traditional leadership. According to Fries (2018), she stated that millennials have a different approach in leadership than from previous generations. Some of the different approaches include embracing flat management structure, expressing different needs regarding leadership training, value feedback from all employers and employees, seeking empowerment, and most importantly, they require work-life balance and support flexibility.
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