Millennials

Just read the latest PWC report “Millennials at work: Reshaping the workplace”.

Millennials were born between 1980 and 2000. I have four of them at home so know first hand all about them. By 2020, millennials will form 50 percent of the global workforce. F I F T Y percent.  Now that should get your attention.

Yesterday, I had a long discussion with another “senior” – (baby boomer) and frankly I was appalled at his attitude that “these punks” have to “get in line” with the rest of us. Hmmm.. No wonder firms are laying off and sidelining the 50+ mid-management who is too set in their ways. The PWC study found that 38 percent of millennials think that “older senior management do not relate to younger workers” and 34 percent that “their personal drive was intimidating to other generations”.  Hmm… not just food for thought, but a clear call for action.

No question, millennials joining the workforce – in fact, dominating it, will affect how we do business. But how do we best adapt our business practices, perhaps even our business models before everyone else?

Read the study. Let me know what you think.

http://www.pwc.com/gx/en/managing-tomorrows-people/future-of-work/millennials-survey.jhtml

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Blog Launch!

Face-2-faces, video-conferencing, telcos, email, Facebook, Twitter, and now a blog. Why blog?

Well, time is a scarce (and seemingly becoming scarcer) resource. I simply do not have the time to BE with you all the time, or call, or mail, and Facebook is for shorter thoughts and impressions, Twitter for even shorter ones with links.

My new blog fills a communication gap. It is meant to provide regular, indepth dialog with you about topics that are on my mind, in my heart and in my hands. Topics like the future of MBA students in the market and MBA programs, leadership development, issues of IQ – EQ – SQ, managing across generations, personal leadership development, faith and leadership, the future of banking and finance, sports in connection with personal development and leadership, observations from the MBA classroom and team, highlighting leaders we meet in St. Gallen, and much more!

I’d much prefer to sit on our wonderful balcony, coffee in hand, look into your eyes, watch your gestic and have a long conversation – that is for sure. Sigh. But there are so many of “you” in the meantime. I’d be spreading myself too thin. So, join me in this new dialog – it will be virtual thanks to my iPad – but still very real in content.

So what is on YOUR mind, in YOUR heart and in YOUR hands today?