Getting the most from Generation Y’s in your business

Thanks again to Growing Business (www.growingbusiness.co.uk) who once again have published an article that stimulates another of my areas of interest; managing Generation Yers.

In essence they say that Generation Yers represent more reward than risk if managed well and properly understood, and they provide a good summary of their behaviour and expectations  (http://www.growingbusiness.co.uk/why-gen-y-is-good-for-your-business.html?utm_source=twitterfeed&utm_medium=twitter).  However, they don’t provide much in the way of guidance into how you can manage them to higher levels of performance and results.  So , in brief, let me fill the gap.

Three headlines to remember:

Focus delivery
- Make sure that your organisational purpose has the context that has real meaning for them so that they can connect and engage with it
- Inspire and energise them ( a challenge for some managers)
- Become their performance coach and partner, rather than manager
- Win and maintain their respect (and that does come from some naff attempt to be cool)

Create the right context for performance
- Genuinely put people at the heart of your performance 
- Be consistent.  if you claim to be ethical ( a hit with Gen Yers) make sure that you are truly ethical (inside and out).  If words and actions don’t match up they will leave (mentally or physically)
- Provide opportunity and variety
- Stimulate and challenge them and provide a society in which they can operate and feel at home

Maximise capability
- Understand their individual aspirations and motivations
- Help them to achieve personal mastery of their roles
- Review their performance very regularly and give immediate feedback
- Give them responsibility and autonomy.

So, there you have it, a simple recipe for success in managing and leading Generation Yers based on how they have led their lives and the world in which they have grown up.  

But, funnily enough, is seems remarkably close to what we should do for any of our staff, Baby Boomers, Gen X, Y or Z.  Perhaps they are a little more demanding, but good for them and perhaps this blog is just a reminder of the good practice that you should be adopting anyway; what’s your excuse?

Related posts:

  1. Small business bosses turn to spouses for ‘straight-talking advice’
  2. The Three C’s – what and why

Leave Your Response

* Name, Email, Comment are Required

develop yourself


INCREASE YOUR IMPACT
as a non-exec, why not:

Course
what is being a non-exec director all about? You learn what’s involved and what’s expected.

Coaching
confidential one-to-one sessions with an experienced non-exec who will guide you and develop you.

Community
join our linkedin members only group and talk to like-minded people facing similar issues.

visit us on linkedin

twitter

Follow us at @nonexecacademy

non-exec resources


Secretarial
Work smarter, not harder – admin support that can really make a difference.

Insurance
Don’t leave yourself exposed, make sure that you have the right insurance in place.

Research & Credit Check
Make sure that you understand potential clients.

financial awareness
Are you worried that you don’t really understand a profit and loss?

Documents templates
Don’t reinvent the wheel, we’ve probably already done that!

Find your position
The hows, whys and where are they hiding.

Online presence
They will google you...

Books
Recommendations and reviews.