Millennials Are Today’s Leaders. What Is In Our Future?

Not too long ago whenever I delivered a Generational Differences training workshop, I shared a slide that read, “Millennials Are Our Future Leaders.” But times have changed and now that slide reads “Millennials Are Today’s Leaders.”

This ongoing generational shift at our leadership levels and in the C-Suite which in large part ensures the company stays focused on its vision, mission, values, and policies is what I want to talk with you about. I’d also like to discuss what Millennials  (and some Gen Z’s) are doing differently as leaders and how we can all support – and benefit from this important – monumental change.

Times Have Changed / Are Changing

Throughout my career I’ve thoroughly enjoyed working with Millennials and now Gen Z’s. I’ve found their positive attitude, creativity, willingness to pitch in and desire to share unique ideas and perspectives refreshing. Additionally, I’ve also felt many of them were getting a bad rap by their Boomer and Gen X bosses who thought they were entitled and lazy. And sure, some Millennials are entitled and lazy, but I know some Boomers and Gen Xers who also fit that bill.

There are a few other things I’ve found is often true about Millennials. They don’t want to be bored and they want to have an opportunity to share their opinion – to contribute. They are often uncomfortable / unwilling to sit around for two years doing the same routine work to “pay their dues.” What is the source of all this impatience? For most Millennials, their Boomer parents (isn’t that ironic), taught them as children to ask “Why?” if they were curious. This is also true for the Gen Z employees that are following in the Millennials footsteps. Boomer parents also often encouraged their children to go after their dreams if they wanted something and to not listen to people who might tell them they don’t deserve it.

But all that is history, right? What is the impact Millennials are having now that they are moving into leadership roles? This is a great question.

Because Millennials are today’s leaders, they are having an important influence on corporate cultures. Millennials often bring a fresh, more casual perspective to our workspaces. And perhaps more lately than I’ve ever seen, Millennials feel comfortable with flat organizational structures. But don’t let their casual exterior fool you – they are very focused on being productive, successful, and proud of their work. A Deloitte study found that 62 percent of Millennials say work is part of their identity. And because Millennials are community driven, most of them (there are always exceptions) are very comfortable sharing that pride and success with their team.

If Millennials have shortcomings (don’t we all), one of their big ones is that they often need to unlearn many of the leadership skills they saw (and learned by accident), as they were growing up. Yes, even though they resist that style of leadership, there are learned biases they must unlearn like hierarchy, silos, the need to try to control, and the need to try to know everything. But with the support of mentors, coaches, and teachers / trainers, they are learning how to be leaders who are focused on traditional leadership qualities like results and accountability while also learning it’s OK to embrace softer-skills and encourage people… including themselves… to be their whole, unique, vulnerable, compassionate, forgiving, learning, evolving selves at work.  Hurray!

Let’s get back to how Millennials (and Gen Z) are changing leadership. To do that lets look at some of the baseline / general profile characteristics that have always been part of the Millennial profile and are still there. For example, they want to:

  1. Feel their unique experience and abilities have value – are respected.

  2. Feel their unique experience and abilities have impact – make a difference.

  3. Contribute to a conversation.

  4. Feel safe – respect each other’s individuality.

  5. Collaborate, be mentored, mentor others, and still have opportunities for autonomy.

  6. Be recognized for their contribution.

  7. Learn new skills – embrace continuous learning (a Growth Mindset).

  8. Enjoy work-life balance… which now includes some work-remote opportunities.

  9. Be friends / friendly with the people they work with (enjoy approachability).

I really respect this list. These characteristics all lead to a wonderful mix I’ve seen in action. I’ve noticed first-hand that in team meetings decisions are more thoughtful and impactful and buy-in / follow-through is so much better when everyone has an opportunity to share their ideas and perspectives. And this also has a big impact on building long-term trust for both the individuals and team.

What Is In Our Future?

Workplace evolution (change) is only going to speed up and this includes options on how we all work and communicate. Workplace acceleration is going to continue to shine a very bright spotlight on the importance of excellent communication… for everyone. As work continues to speed up, timing and accuracy will become even more critical, especially as more and more of us work in a remote or hybrid environment (and hybrid is not going away). We are going to have to intentionally, mindfully take some opportunities to slow down. And when we slow down we are going to have to be thinking about:

  1. Why we communicate. Pausing for a moment to fully grasp what our goal is and what needs to happen to move our goal forward should be an easy first step. But, it’s amazing how many times we write an email (for example) and as soon as we hit send we notice we have something more to say or something else we need.

  2. How and when we communicate. We now have many options on how we communicate – everything from the old-fashioned ways of being in-person or using the telephone, to using countless software apps to message, video call, email or update a shared file. These choices are a challenge because not only are there many ways to share information or get updates… even in the same company, but ideally, we should all be using these ever-changing tools in the same way, store information in the same way and adopt the seemingly never-ending upgrades and new functions in the same way.

Getting back to something I mentioned early in this article, Millennials (and Gen Z) want to feel like they are being heard, having input, making a difference, and being recognized. In short, they want to be acknowledged. And really, don’t we all? I have yet to meet a Boomer or Gen Xer who doesn’t want the opportunity to share a good idea they have or be recognized for a job well-done.

I know successful Millennial leaders who’ve figured this team culture thing out for themselves. They know their actions are more important than what they say. So, not only do they share the importance of community, responsibility, and values (for example), they demonstrate these qualities every chance they have. They talk about community, responsibility, and values when they are sending group communication to their team, they share community, responsibility, and values in meetings, and they demonstrate them when one employee is going through a difficult personal time and may need a few days off. But these Millennials also demonstrate hard work, taking charge and being responsible. They encourage everyone to do their best, give their teams opportunities to shine, and give them recognition when they do great work and work as a team – especially when they work to break down silos.

The successful Millennial leaders have also figured out that when there is a quiet person in the meeting, that this is their time to shine as a leader and to gently engage the quiet person by perhaps going around the table (or screen) and asking everyone a final open-ended question. For example, ask:

  • What do they see as the greatest opportunity?

  • What they see is the most important milestone / requirement for the project or the team to succeed?

  • What are they most excited about in relation to the overall project, or perhaps how the team is working together?

  • How do they see the project – or a decision that was made – meet the strategic goals or the values of the team / company?

The difference for Millennials and Gen Z from many of their Gen X senior coworkers and any Boomers is that if Millennials and Gen Z’s don’t feel they are part of a shared, supportive corporate culture – or able to build one – they are likely already looking for that culture somewhere else.

In closing, let’s not forget that we humble humans are social animals… well most of us are. If your work requires any sort of teamwork / collaboration, creativity, problem (or opportunity) solving, learning or development, take every opportunity to be face-to-face with the people you work with. If you are not in the same city and/or your hybrid workspace means frequent video calls, turn your camera on – let people see you. Seeing someone nod their head in agreement with you even when you are sharing an idea in a virtual meeting can do wonders to building trust.

If you are a leader – or hope to be a leader in the future, my recommendation is to start right now to find ways to build trustworthy relationships with the people around you – from family to friends to co-workers.

Conclusion

As I end this article, I want to give a shout-out to our wonderful Gen X leaders and coworkers. I will gladly say Gen Xers have been among the heroes in our workspaces for the last 20-years. They’ve had to put up with a lot. First, they were promised that when Boomers retired at 55-years old (does anyone remember the commercials for Freedom 55?) and that they would have their pick of exceptional opportunities. Then, a few recessions, market downturns and global instability arrived and Boomers kept working longer than anticipated.

I believe that Generation Xers have quietly been holding things together. Sandwiched between Boomers and Millennials, Generation Xers are able to bridge the gap. And Generation Xers whole existence as adults in the workforce has been one of constant change.

Thank you for spending time with me today and reading ‘Millennials Are Today’s Leaders. What Is In Our Future?’.

Bruce


Learn More About Bruce Mayhew

Toronto corporate trainer and executive coach Bruce Mayhew Consulting is in the people business… it just so happens that training and/or executive coaching is involved. Let us help you improve your productivity and employee engagement.

To learn more about how leadership training can to improve your skills call us at 416.617.0462.

Bruce Mayhew Consulting's most popular programs are Email Etiquette Training, Difficult Conversations, Generational Differences, Leadership Skills Training and Time Management Training

Related Workshops That Drive Business Success

Toronto based corporate trainer and executive coach Bruce Mayhew Consulting proudly offers leadership training and professional development.

What Is A Vision Statement?

I recently was approached by a prospect to do some leadership training to their executive team. Perfect, I love that kind of work. As I listened to their challenges and we discussed how I could help them, we began to talk about their vision statement and their core values, two exceptionally important elements of a business culture.

They were proud of their vision statement and values for good reason. They had recently invested a good amount of time to update them as part of their current and future strategy. They promised to share them with me after the call and I couldn’t wait to see them and to see how I could support their hard work.

So to honour their hard work and the hard work of other teams who want to embark on this journey, I decided to write a trilogy of articles that would demonstrate the importance of their efforts and share how a team would go about this journey by exploring the important process of creating and using:

I will link to the other two articles here as I launch them.

What is a Vision Statement?

A vision statement is a document that provides a guiding light for everyone who might be interested in the company. It is a beacon for what the company wants to achieve, and should act as an invitation for employees, potential employees, suppliers, and customers.

When people read your vision statement, they should feel inspired and believe in it. They must trust the vision is attainable – even if it is a stretch – and they must want to be part of the journey. They must be able to see themselves (employees, suppliers, and customers), as willing participants who can share in the dream.

If the people within and close to your business don’t believe in your vision or feel it is all smoke and mirrors (as my dad would say), there is no way the future vision will ever be realized. And the worst might happen when the most trusted and valued employees abandon ship in search for a better place to offer their talents and customers go to your competition.

In summary, a vision statement is essential because has the power to:

  • Align the future with the business values and goals today

  • Provide a clear, unifying message to everyone

  • Be a proud anchor that attracts people to the corporate brand

Lastly, let’s agree every company should have a vision statement. And to push it a bit further, I like to see certain departments having a vision statement that is secondary to the company’s main vision statement. For example, imagine you are a division leader and are thinking a reorganization of your team would be a good move. This would be a perfect (and admittedly rarely used) place to create a one or two sentence vision statement that would explain the future you imagine.

How to Use A Vision Statement?

Before we look at how to build a vision statement, let’s explore how a company or leader can use a vision statement.

We have already discussed how a vision business statement should help inspire and align people inside and outside the company to reach the company’s goals. To do this means everyone has to know what your vision statement is, and how it applies to the decisions they make.

A company should be sure to use their vision statement as a talking point in every hiring decision, employee performance review and goal-setting conversation. Knowing and understanding the vision statement will also help guide leaders as they plan investments in training and even as they guide the design of strategic marketing and promotion messages. When employees and leaders are truly embracing the vision statement, they use it to confidently guide R&D decisions today that are an investment into the strategic future. When these are happening the leadership team can proudly say the vision statement is being integrated it into the company culture.

Hanging a vision statement in the conference rooms and dedicating a page on your company website isn’t enough to make it part of your corporate culture.

You may be feeling all of this seems like a lot of work – and you would be right. And we haven’t even got to the work required to build a vision statement. But let’s look at the alternative of not having a shared vision and guide into the future. Imagine what it would be like for 10 people in a department or 100 people in a division or 10,000 people in a company to not have this shared vision. Imagine the waste in time, resources, and manpower. Imagine your top 10 best product, sales, marketing, accounting and support employees being frustrated and quitting just to get away from the chaos, waste and frustration. Imagine the negative impact on your brand, customer experience and competitive advantage.

Prepare to commit time and resources to the vision you establish. Once you have one, commit your attention to using it – everywhere.

How to Build a Vision Statement?

Building a vision statement will take time. If you are efficient and the company is small, it may take weeks. If the company is mid-sized or large, expect it to take months. The one biggest mistake I see happen and I urge everyone to avoid is for one person to write the vision statement. The next mistake is to copy someone else’s.

A team should be assembled to build or update a vision statement. In a small business, you may be able to ask everyone for their insight. In a larger operation, you may need to be more selective while still capturing a range of employee voices. It’s also a good idea to hire an outside agency to assist as well since they can be a neutral voice as they guide the process and offer advice. Your team should represent a cross section of employees from different levels of the organization.

The next step is to start research. This can include competitive analysis, economic reviews, talking to technology experts, suppliers, customers and even prospect customers. The more information you gather the better off you will be. This information can also be used as you define the company Values and Values Statement (which I’ll discuss in another article and link to this one once it is published). I like to think of a company’s Vision Statement and Values as being related, but not exactly the same, like siblings.

You also want your team to outline your business’s goals for today – and tomorrow. Be bold, be creative, reach for the moon. If it sounds lofty and worries a few people, be happy, you might be on the right track. This is about being great in the future – not mediocre. Be sure you also pay attention to market analysis and customer feedback. If you find your goals start sounding like your competitors or worse, that they could be used by another type of business, throw them away and start over.

Most people believe a vision statement should be a concise, yet impactful and inspiring message, and they are not wrong. Well designed, well researched one or two sentence statements are easy for people to get behind. But, the senior team might feel it doesn’t go far enough. That’s OK – so design two vision statements. Use the short one for the general population, annual reports and websites and use the second, more lengthy vision statement for senior team strategy discussions, and to set senior team performance KPI’s.

Vision Statement Version 1: Widespread Use

Keep the vision statement short but meaningful.

Create a vision statement that is one or two sentences and delivers a concise, yet impactful and inspiring message. You want your employees, suppliers and customers to be able to understand easily, be able to remember the key message, and hopefully remember how inspired they felt when they read it. Note: “Just do it”, is not a vision statement but it is a really good Nike tagline.

Vision Statement Version 2: Senior Team Use

Create a longer vision statement for the senior team. This statement isn’t a secret, it’s just more information than most people need.

Your senior team might feel the short vision statement doesn’t provide enough scope for what your company can do and what they want it to do. That’s OK. A longer vision statement for the benefit of the senior team is terrific. It can help them determine big, bold decisions while also giving them guidance for Key Performance Indicators (KPI’s) for the company – and for each other.

Vision Statement Examples

COBS Bread: “To be the favourite bakery in every community.”

IKEA: “To create a better everyday life for the many people.”

Starbucks: “To establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles while we grow.” 

TED: “We believe passionately in the power of ideas to change attitudes, lives, and, ultimately, the world.”

Conclusion

Like the company that is hiring me for leadership training, most companies benefit from periodically updating their vision statement, values and mission statement. This makes total sense because our world is changing and companies have to change to keep up. By going thorough the process of updating your vision statement, values and mission statement there is also the opportunity to take a good hard look at the market you serve, what part you want to play and the corporate culture you want to work within.


Thank you for reading ‘What Is A Vision Statement’.

Be well and happy communicating, leading and creating a culture of belonging within your company or within your team.

Bruce

Learn More About Bruce Mayhew

Toronto corporate trainer and executive coach Bruce Mayhew Consulting is in the people business… it just so happens that training and/or executive coaching is involved. Let us help you improve your productivity and employee engagement.

To learn more about how leadership training can to improve your skills call us at 416.617.0462.

Bruce Mayhew Consulting's most popular programs are Email Etiquette Training, Difficult Conversations, Generational Differences, Leadership Skills Training and Time Management Training

Related Workshops That Drive Business Success

Toronto based corporate trainer and executive coach Bruce Mayhew Consulting offers leadership training and professional development across Canada and the USA.

Honouring Our Values: Letting Values Be Our Guide During Adversity

Our values draw us toward people we admire and love. They guide our everyday choices and instinctively inform us to what is right and wrong behaviour. Our values are also our superpower when we encounter difficult situations and adversity. When we are challenged, our values help us make difficult decisions, reconciling what we should and should not do (or say and should not say), especially if there is a ‘price’ to pay for our action or inaction.

This article is an exploration of how we can ease our journey through adversity by understanding how our values can help us in a very conscious way.

Step 1. Know Our Personal and Professional Values and What They Mean To Us

Most of us don’t pay attention to our values, and that is OK. When nothing unusual is happening our values sit in the background, like software running on our computer always doing something. But there is still great benefit in taking time to get to know our personal and professional values and what they mean to us.

When we have explored what our values are and what they mean to us, we can use them to make the right decisions quickly and confidently… especially when we have to make difficult or challenging decisions. Knowing our values allows us to confidently stand for what we believe in and to show ourselves respect. This ability to make good decisions quickly also becomes part of our reputation, we become known for our quick, thoughtful, and reliable decision making.

Step 2. Consciously Use Our Values To Explore Challenging Situations

When we feel worried, confused, vulnerable or even threatened, what do we do? We have only two choices. React or Respond. 

When our emotions get triggered you and I react, and risk making less than ideal decisions. When we react our actions are based on instinct and have very little to no analytical engagement. Questions like “Why is this happening?”, “What is most important to me?, and “What are my options,” have a slim chance of being evaluated. We need to accept that when our values are challenged we often will feel uncomfortable, vulnerable and even defensive. But, it doesn’t have to be this way when we spend some time getting to know our values in advance.

We can respond with confidence and clarity of mind when we consciously, purposefully use our values to guide our decisions and actions. When we respond versus react, our values help us understand what is going on, what we are feeling and help us decide what we want to do next. We can evaluate what is important to us, the pros and cons of our actions and confidently be responsible for our decisions. All this may take only a fraction of a second or it may take some time… but it happens.

And, perhaps most important of all, knowing our values allow us to keep from forcing our values and our beliefs on others. I don’t believe our values should ever impact other people’s rights to express their values and beliefs. Challenging situations not only allow us to patiently evaluate a situation, they also allow us to evaluate our values, what they say about us and if this may be a time for us and/or our values to evolve.

Step 3. Use Our Values To Embrace Change and Growth

When we use our values to explore new ideas (or new values) and to consciously decide how we want to respond, means we are also giving ourselves a gift… we are giving ourselves an opportunity to learn, grow and change for the better every single time in a thoughtful, intentional way. Even the experience you are having at this moment by reading this article means you are intentionally using your values (like curiosity). And, even if you disagree with some or all of what I am sharing, the simple act of being thoughtful and evaluating a topic often translates to personal evolution and growth. I love this!

Unfortunately, fear sometimes prevents us from our instinct to grow. Instead of trying something new we go with what we know – what we think is safe but is actually holding us back. For example, how often do you order something completely different at a restaurant… or even choose to go to a new restaurant? I get it… the unknown can be scary and unpredictable. But look on the bright side, what new flavours, tastes and even company are you missing? What new favourite foods and friends might be out there so far… unexplored?

At work we have to accept that in today’s fast paced, highly technical, global market we can’t be expected to know everything. Even the smartest people and the best leaders don’t have all the answers. So, whether it is our personal lives, or our professional lives, we need to try to let our main values be ‘Growth Through Curiosity’ at least some of the time. We can learn to let our fear inform us and even empower us. Recognize that our fear is just letting us know there are new people and/or new information we have not yet had a chance to consider.

Conclusion

Get to know our values and how they can help us and the people around us in so many ways. Our values give us clarity and confidence, because getting to know our values allows us to get to know ourselves better.

Thank you for reading ‘Honouring Our Values: Letting Values Be Our Guide During Adversity’.

Be well and happy communicating, leading and creating a culture of belonging within your company or within your team.

Bruce

Learn More About Bruce Mayhew

Toronto corporate trainer and executive coach Bruce Mayhew Consulting is in the people business… it just so happens that training and/or executive coaching is involved. Let us help you improve your productivity and employee engagement.

To learn more about how leadership training can to improve your skills call us at 416.617.0462.

Bruce Mayhew Consulting's most popular programs are Email Etiquette Training, Difficult Conversations, Generational Differences, Leadership Skills Training and Time Management Training

Related Workshops That Drive Business Success

Toronto based corporate trainer and executive coach Bruce Mayhew Consulting offers leadership training and professional development across Canada and the USA.

The Role of Empathy During Difficult Conversations at Work

Using empathy at work means pausing, even if just for a moment, to understand your own needs, beliefs and feelings. To quote Socrates, “To know thyself is the beginning of wisdom.” When you know yourself you will know when you have to be firm and when you can choose to be creative and compromise. Empathy during difficult conversations will always help you find clarity, be respectful and give you choice how you act and what you say.

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