Managing The Millennials
Human Capital|February 2019

The new generation of workers are different than the previous generations, and each generation has its own broad patterns of engagement. A clear understanding of the patterns is the key to a great talent management model.

Pinakesh Mukherjee
Managing The Millennials

There exists great evidence which stands as proof that the workplace of the future shall be increasingly different from what it was a few years ago, and for that matter, significantly different from what it is now. At the very core of this lies the nature of workforce that shall occupy the workplaces. An ever-increasing life expectancy with an improved quality of life, health, and fitness would mean that the office of the future would be multi-generational.

Therefore, the big question on everyone's mind is managing this multigenerational talent at the workplace. With around 35% of the workforce anticipated to comprise of millennials, it is worthwhile to take a sneak peek at some of their characteristics.

Always connected and an instant response

It is well-known that millennials are digital natives. This implies that they possess the technology available to remain connected 24/7 and be always on. More often than not, this is indicative of the fact that they shall come forth with an instant response. When translated into the business context, this means that in order to engage them at the workplace, things must happen closer to the moment. For instance, it makes sense to do away with the traditional employee engagement survey held annually in organisations, and instead keep in place a simple technology where the millennial worker can share feedback on the go and help the organisation to make improvements alongside.

Along the same lines, millennials look forward to continuous feedback at every stage of the employee journey. When someone joins the organisation the 30-60-90 day onboarding feedback can be replaced by 1st, 7th, 15th and 30th day feedback. The purpose is to reduce the response time and make it closer to the event.

Impact oriented

この記事は Human Capital の February 2019 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Human Capital の February 2019 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

HUMAN CAPITALのその他の記事すべて表示
Continuous Learning For Growth
Human Capital

Continuous Learning For Growth

Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.

time-read
5 分  |
January 2017
Creating Open Spaces And Minds
Human Capital

Creating Open Spaces And Minds

As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.

time-read
5 分  |
January 2017
Striking The Right Balance
Human Capital

Striking The Right Balance

In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.

time-read
9 分  |
May 2018
The Multifaceted Advantages Of AI
Human Capital

The Multifaceted Advantages Of AI

AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.

time-read
6 分  |
May 2018
Engagement Surveys: A Means Or An End?
Human Capital

Engagement Surveys: A Means Or An End?

Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.

time-read
3 分  |
May 2018
What Is And What Needs!
Human Capital

What Is And What Needs!

The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).

time-read
2 分  |
May 2018
A Matter Of Strategic Timing!
Human Capital

A Matter Of Strategic Timing!

The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.

time-read
4 分  |
November 2017
Picture Out Of The Frame
Human Capital

Picture Out Of The Frame

A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.

time-read
4 分  |
November 2017
Analysis
Human Capital

Analysis

It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.

time-read
2 分  |
November 2017
How Can They Fire Her?
Human Capital

How Can They Fire Her?

It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.

time-read
9 分  |
November 2017