{"id":18325,"date":"2018-10-16T09:46:30","date_gmt":"2018-10-16T09:46:30","guid":{"rendered":"https:\/\/strammer.com\/?p=18325"},"modified":"2018-10-16T09:46:30","modified_gmt":"2018-10-16T09:46:30","slug":"millennials-impacting-workplace-innovation","status":"publish","type":"post","link":"https:\/\/strammer.com\/es\/millennials-impacting-workplace-innovation\/","title":{"rendered":"Millennials Impacting The Workplace"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-fullwidth-1  fusion-parallax-none nonhundred-percent-fullwidth\" style=\"border-bottom-width: 0px;border-top-width: 0px;border-bottom-style: solid;border-top-style: solid;padding-bottom:20px;padding-top:20px;padding-left:;padding-right:;\"><style type=\"text\/css\" scoped=\"scoped\">.fusion-fullwidth-1 {\r\n                            padding-left: px !important;\r\n                            padding-right: px !important;\r\n                        }<\/style><div class=\"fusion-row\"><div class=\"fusion-title title fusion-title-center fusion-title-size-one\" style=\"margin-bottom:20px;\"><div class=\"title-sep-container title-sep-container-left\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#a36160;\"><\/div><\/div><h1 class=\"title-heading-center\"><span style=\"color: #a36160;\">Millennial Impact On The Workplace<\/span><\/h1><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#a36160;\"><\/div><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:;\"><\/div><p style=\"text-align: justify;\">The traditional ways of working will soon be a thing of the past because of the new <strong>generation<\/strong>. Today <strong>m<\/strong><strong>illennials<\/strong> are representing a large share of the workforce. No longer are they recognised as the <strong>leaders of tomorrow<\/strong> but more so the <strong>leaders of today<\/strong>.<\/p>\n<p style=\"text-align: justify;\">To attract and keep them, companies are trying to <strong>adapt to their business views<\/strong>. Therefore, <strong>m<\/strong><strong>illennials<\/strong>\u00a0are<strong> impacting\u00a0workplace innovation<\/strong>.<\/p>\n<p style=\"text-align: justify;\">Because <strong>m<\/strong><strong>illennials<\/strong> have an affinity with the digital world there is a massive change in the <strong>digitalisation in the workplace<\/strong>. According to a survey by INSEAD business school, 60% of <strong>millennials<\/strong> think the digital skills of the firms they currently work for are inadequate.<\/p>\n<p style=\"text-align: justify;\">Because <strong>millennials<\/strong> are considered the \u201c<strong>native engineers<\/strong>\u201d of the digital world. Companies are investing and providing the needs of technology to <strong>increase their productivity<\/strong>.<\/p>\n<p style=\"text-align: justify;\">What also differentiates them is their behaviour. After experiencing the<strong> global economic crisis<\/strong>, the focus is more so on their <strong>personal needs <\/strong>compared to the <strong>needs of the organisation<\/strong>.<\/p>\n<p style=\"text-align: justify;\">They express having <strong>little loyalty<\/strong> towards their current employers and are not impressed by <strong>corporate hierarchy<\/strong> because they feel <strong>under-utilised<\/strong>. \u201cThey know that they have options.\u201d<\/p>\n<p style=\"text-align: justify;\">According to a survey by Deloitte, few millennials see themselves staying with their current companies\u2019 long term. Because of <strong>issues such as diversity, inclusion and flexible working arrangements<\/strong>.<\/p>\n<p style=\"text-align: justify;\">Michele Parmelee, global talent leader at Deloitte says, \u201cThey don\u2019t believe businesses shares their values, they don\u2019t think business is doing enough to prepare them for the future, and they don\u2019t feel business is sufficiently committed to improving society.\u201d<\/p>\n<p style=\"text-align: justify;\">For instance, a study taken in 2017 showed that only <strong>3\/100 life science companies<\/strong> were chosen, when students were asked what companies they would like to work for. The reason being, because students have <strong>issues with the ethics surrounding the industry<\/strong>. Also associating the industry with <strong>death<\/strong>, <strong>old age and diseases<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><strong>Millennials<\/strong> look for a bigger sense of <strong>accountability<\/strong> and <strong>purpose<\/strong> in their workplace. Due to this, Companies are now looking to develop employees as leaders and use their<strong> full potential<\/strong> in <strong>large-scale organisations<\/strong>. For instance, Pfizer is now encouraging employees to apply internally for short term<strong> development opportunities<\/strong>. Starting from three-month projects where they can join a team from a different division to shadow a <strong>senior leader<\/strong> for a day.<\/p>\n<p style=\"text-align: justify;\"><strong>The Deloitte survey<\/strong> says <strong>84% of millennials<\/strong> believe that having flexibility shows that the company respects and <strong>invests in work life balance<\/strong>. Thus, companies have invested in tools such as one <strong>workplace app<\/strong>, <strong>Modo Workplace \u2122<\/strong>, so that workers can be mobile. They prefer to work in an environment where they have the possibility to work anytime at any place.<\/p>\n<p style=\"text-align: justify;\">American physicist <strong>William G. Pollard<\/strong> said, \u201c<strong>The arrogance of success<\/strong> is to think that what you did yesterday will be sufficient for tomorrow.\u201d Thus, for companies to see change they need to adapt their businesses according to Millennials.<\/p>\n<div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:;\"><\/div><p><span style=\"text-decoration: underline; color: #a36160;\">References<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-size: 10pt; color: #000000;\">Red.(<a style=\"color: #000000;\" href=\"https:\/\/www.redsapsolutions.com\/blog\/2017\/04\/the-new-workforce-how-millennials-will-lead-the-digital-transformation-agenda\" target=\"_blank\" rel=\"noopener\">https:\/\/www.redsapsolutions.com\/blog\/2017\/04\/the-new-workforce-how-millennials-will-lead-the-digital-transformation-agenda<\/a>)3 April 2017. Ed Hawes. The New Workforce: How Millennials Will Lead The Digital Transformation Agenda.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-size: 10pt; color: #000000;\">Modo.\u00a0(<a style=\"color: #000000;\" href=\"https:\/\/www.modolabs.com\/blog-post\/millennials-shape-workplace-transformation\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.modolabs.com\/blog-post\/millennials-shape-workplace-transformation\/<\/a>) 15 January 2018. Modo Labs Team. How Millenials Shape Workplacce Transformation<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-size: 10pt; color: #000000;\">Enterprise Innovation. (<a style=\"color: #000000;\" href=\"https:\/\/www.enterpriseinnovation.net\/article\/shaping-modern-workplace-millennial-workforce-562277962\" target=\"_blank\" rel=\"noopener\">https:\/\/www.enterpriseinnovation.net\/article\/shaping-modern-workplace-millennial-workforce-562277962<\/a>)25 July 2017. Stuart Craig. Shaping The Modern Workplace For A Millennial Workforce.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-size: 10pt; color: #000000;\">Exago.(<a style=\"color: #000000;\" href=\"https:\/\/www.exago.com\/blog\/millennials-and-innovation-in-the-workplace\" target=\"_blank\" rel=\"noopener\">https:\/\/www.exago.com\/blog\/millennials-and-innovation-in-the-workplace<\/a>) 24 August 2017. Millennials And Innovation In The Workplace.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-size: 10pt; color: #000000;\">Inc.\u00a0(<a style=\"color: #000000;\" href=\"https:\/\/www.inc.com\/sylvia-ann-hewlett\/millennials-a-new-generation-is-reshaping-the-workplace.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.inc.com\/sylvia-ann-hewlett\/millennials-a-new-generation-is-reshaping-the-workplace.html<\/a>) 20 December 2016. Sylvia Ann Hewlett. Millennials: A New Generation Is Reshaping the Workplace.<\/span><\/li>\n<\/ul>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":18326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","myguten_meta_block_field":"","footnotes":""},"categories":[98],"tags":[],"class_list":["post-18325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/posts\/18325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/comments?post=18325"}],"version-history":[{"count":0,"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/posts\/18325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/media\/18326"}],"wp:attachment":[{"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/media?parent=18325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/categories?post=18325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strammer.com\/es\/wp-json\/wp\/v2\/tags?post=18325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}