Leadership in a Multi-Generational Workforce




The Ultimate Leadership Podcast show

Summary: On today’s podcast, we’re joined by Jen Roberts. The President and Founder of Difference Consulting, the resident expert in the field of employee engagement and motivating employees.<br> Jen says things are rapidly changing in the workplace and leadership in organizations has to respond and adapt to attract and retain multi-generational talent.<br> Within today’s podcast, we look at the way employees needs have changed and how leaders can create open communication environments for their teams to reach their highest potential.  <br> On today’s podcast:<br> <br> Organisational Landscape of 2018<br> Millennials in the Workplace<br> The Ideal Working Environment to Drive Engagement<br> Outdated Common Business Practices<br> New Business Practices Leaders Can Embrace Within the Organisation<br> Engaging and Retaining Top Talent in a Multi-Generational Workforce<br> <br> Links:<br> <br> Jen’s website:<a href="http://differenceconsulting.com"> http://differenceconsulting.com</a><br> Creating a coaching culture:<a href="https://www.youtube.com/watch?v=fFUBhe9A2lI"> https://www.youtube.com/watch?v=fFUBhe9A2lI</a><br> Forbes Coaches Council:<a href="https://forbescoachescouncil.com/"> https://forbescoachescouncil.com/</a><br> <br> Organisational Landscape of 2018<br> We are entering a critical time where good talent within an organization is essential, as we are impending a global talent shortage, particularly in industries where there is highly skilled labor such as Cyber Security and Engineering.<br> There is going to be a challenge amongst leaders in organizations if they are not willing to adapt to attract and retain talent.<br> There’s going to be a lot going on in the next 5-10 years when technology is changing at neck-breaking speed. Plus there will be challenges that come with a multi-generational workforce.<br> Millennials in the Workplace<br> Millennial talent is the largest demographic in the workforce, comprising for 75% of the workplace by 2030.<br> Organizations need to be leveraging their talent and making sure they are prepared to go into leadership positions.<br> Although there is a pre-conception that millennials are lazy, they are actually willing to work hard. But they also want to work smarter with by leveraging technology.<br> The Ideal Working Environment to Drive Engagement<br> Millennials, in particular, are looking for meaningful work, where they are making a valuable contribution to the success of the organization.<br> Jen says a much more flexible working environment with a humane work environment will help retain talent and encourage people to reach their full potential.<br> Management also needs to be much more hands-on with transparent communication, giving their employees real autonomy to go and do their best at work.<br> Outdated Common Business Practices<br> As opposed to the hierarchical command and control approach, people are now looking for open and continuous communication where you can flow between ‘levels’.<br> Annual performance reviews are going out of date, as successful leaders create a dialogue between the individuals working in their teams to help them adapt and make changes there in the moment and celebrate successes they are achieving as well.<br> Jen says we are entering a time where working is going to become much more results-based rather than fixed and ridged.<br> New Business Practices Leaders Can Embrace Within the Organization<br> Setting a strategic vision for the organization allows your employees the autonomy to actually accomplish their work in a way that suits them and get the results you’re looking for.<br> Leaders can focus on fostering continuous feedback and really creating that environment for open communication, through engagement surveys, mobile apps, team meetings and implementing development programmes.<br> Engaging and Retaining Top Talent in a Multi-Generational Workforce<br>