THE BLOG
11/03/2014 11:45 am ET Updated Dec 06, 2017

How Millennials Are Changing the Workplace

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What this episode is about and why you should care

Millennials are one of the five trends impacting the future of work, the others are: globalization, technology, new behaviors and mobility. However there's always a lot of focus placed on millennials which is why I picked this topic to start with for episode one. This is the largest generation to ever exist and there is plenty of discussion going on around whether or not this is a good thing or a bad thing. Some people say that millennials are littler narcissists and describe them as the "me, me, me generation." Others, are more optimistic and they realize the importance and opportunity that millennials can bring to the workforce.

To help us unpack millennials and everything we need to know about them I spoke with Dan Schawbel. Dan is a New York Times best-selling author of several books including Me 2.0 and his more recent book Promote Yourself. Dan also runs a company called Millennial Branding, a Generation Y research and consulting firm.

The one stat you need to know: "By 2020, 50 percent of the workforce is expected to be comprised of millennials and by 2025 that number is expected to be 75 percent of the workforce."

What you will learn in this episode

  • Why millennials are having such a big impact in the workplace and the world in general
  • Attracting and retaining millennials at your organization
  • Introducing generation Z (the next generation after millennials)
  • How you should work with and manage millennials
  • Facing the new reality of decreased employee tenure
  • Dan's early years as a college student to his pursuit for a writing career
  • How technology is impacting the "talent war"
  • The "free-agent" mentality that is impacting all generations in the workplace
  • What organizations need to do to evolve their corporate culture for the future of work
  • Why being self-sufficient is so critical for younger generations
  • Workplace flexibility and the myth that only millennials want it
  • Dan's advice for managers working with millennials
  • Dan's advice for millennials in the workforce

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Jacob Morgan is a futurist, best-selling author, and keynote speaker, learn more by visiting The Future Organization.com or check out his latest book,"The Future of Work: Attract New Talent, Build Better Leaders, and Create a Competitive Organization," on Amazon.