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NAAEduConf June 15-18 Moscone Convention Center San Francisco #NAAEduConf June 15-18, 2016 Moscone Convention Center San Francisco Next Generation Leaders Developing Millennials for Success Jeannette Cox, Oddo Development Company Jordan Hovanec, Milhaus Melissa Smith, Fogelman Management Group

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#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

#NAAEduConf

June 15-18, 2016

Moscone Convention Center

San FranciscoNext Generation LeadersDeveloping Millennials for Success

Jeannette Cox, Oddo Development Company

Jordan Hovanec, Milhaus

Melissa Smith, Fogelman Management Group

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Learning Objectives

• Review characteristics of each generation

• Understand positive characteristics of Millennials

• Learn the top 4 wants Millennials need from their employers

• Learn 3 specific things you can do to help develop Millennials into leadership roles

• Understand the organizational culture Millennials are attracted and ways to retain them

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Review of the Generations

• Traditionalists or Silent Generation: Born 1945 and before

• Baby Boomers: Born 1946 to 1963

• Generation X: Born 1964 to 1980

• Millennials or Gen Y: Born 1981 to 2000

• iGen, Gen Z or Centennials: Born 2001 and later

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Baby Boomers (1945-1963)Characteristics:

• Raised liberally (Dr. Spock, “spare the rod”

• Raised in time of opitism

• Came of age during civil rights, Vietnam, Hippie movement

• Live to work

• Collaborative

• Driven, achievement oriented

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Baby Boomers

Work is… An exciting adventure!

Work Ethic: Workaholics, work efficiently, crusading causes, personal fulfillment, desire quality, question authority

Leadership Style: Consensual, Collegial

Communication: In person (loves to meet)

Message that motivates: You are valued and needed!

Prime Motivators: make a difference, money, recognition

Potential conflicts: Put in your time, Facetime valued, Seniority matters, when others are PC

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Gen X (1964-1980)Characteristics:

• Raised in time of increasing divorce rates

• Two earner families

• Harsher economic times, saw parents down-sized

• Raised themselves (latchkey kids)

• Distrusful, independent, skills oriented

• Work to live

• Questioning, skeptical

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Gen XWork is… A contract and a challenge

Work Ethic/Values: Eliminate the task, self-reliance, want structure and direction, skeptical

Leadership Style: Challenge others, ask why, everyone is the same

Communication: Direct, immediate

Message that motivates: Do it your way, forget the rules

Prime Motivators: Good benefits & pay, time off, automony, flexible work, mentorship, personal development, recognition (private)

Potential conflicts: Mistrust, I prefer to work alone, strong commitment to family/balance, chit chat about non-work

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

You Gotta Love MILLENNIALS by Micah Tyler

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Millennials (1981-2000)Characteristics:

• Raised by “helicopter parents”

• Told they can be whatever they want

• Given continuous feedback (positive)

• Formed by 9/11, digital & connected world, technology 24/7

• Formed by student debt, “the Great Recession”

• Career oriented, hard work, achievement w/balance

• Community orientation both global and local

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

MillennialsWork is… A means to an end

Work Ethic: What’s next?, multitasking, tenacity, entrepreneurial, tolerant, goal oriented

Leadership Style: to be determined

Communication: e-mail, text, social media

Message that motivates: You will work with other bright, creative people

Prime Motivators: pay, coaching, feedback, purposeful work, giving back, experiences, fun, digital/mobile information, Egalitarianism

Potential conflicts: Strong sense of entitlement, equality should trump hierarchy, impatience, unfair or condescending leaders

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

THE MYTHS

•Millennials care more (or less) about money than other generations

•Millennials are disrespectful of authority

•Millennials aren’t loyal

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

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June 15-18 • Moscone Convention Center • San Francisco

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June 15-18 ☻ Moscone Convention Center ☻ San Francisco

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Technology Revolution

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June 15-18 • Moscone Convention Center • San Francisco

Exxon Valdez Oil Spill

September 11, 2001

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June 15-18 • Moscone Convention Center • San Francisco

Environmental Impact Awareness

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

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June 15-18 • Moscone Convention Center • San Francisco

Schoolyard Violence

#NAAEduConf

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June 15-18 • Moscone Convention Center • San Francisco

The Great Recession

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

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Rise of Social Media

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

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Diversity and Culture

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

The Millennial Dream

• Renting vs. Buying

• Student Debt Crisis

• Immersive Experiences

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Personality Traits of a Millennial Leader

• Confident

• Self-Expressive

• Liberal

• Upbeat and Open to Change

• Respectful of Elders

• Most Educated Generation

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

The Profile of a Millennial Leader

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Leading through Technology

• Expects Technology in the Workplace

• Streamlined Workflow Process

• Transparency = Trust

• Robust problem solvers

• Fearless “let’s solve this” trait

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Leading with the Heart• Desire to help others succeed

• 50% of millennials define leadership as empowering others

• Feel like they have something to prove• 5% are driven by money and 1% driven by power

• Future oriented

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Leading with Purpose

• 60% of aspiring millennial leaders want to challenge and inspire with purpose and excitement

• Motivated by meaning• 77% of millennials stated that their ability to excel in their job is contingent

upon deriving meaning from their work

• Meaningful work

• Social causes

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Making Leadership Fit

• Value flexible work schedules

• Work/Life balance

• Embracing collaboration

• Utilizing a network of ideas

• Age is not a trait

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Filling in the Gaps

• Understanding of experience gap• 53% of millennials are eager to learn from mentors

• Seeking company-sponsored mentor programs

• Reflective of self, work and community

• Looking for higher purpose

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

#NAAEduConf

June 15-18 • Moscone Convention Center • San Francisco

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

#NAAEduConf

June 15-18 • Moscone Convention Center • San Francisco

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

What Millennials Want

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

1. Capitalize on millennials social media talent2. Provide the opportunity to work in teams3. Update work space that encourages collaboration4. Let them showcase their individuality

CREATING THE RIGHT ENVIRNOMENT

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Old School vs. New School

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

#NAAEduConf

June 15-18 • Moscone Convention Center • San Francisco

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Old School vs. New School

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Successful Tips to Managing Millennials

• Hire them for their attitude not their experience

• Listen to them and provide feedback

• Provide flexibility

• Provide variety of responsibilities - Millennial employees are multi-taskers on a scale you’ve never seen before

• Capitalize on the millennial’s electronic literacy

• Provide work life balance

• Provide leadership and mentorship

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

#NAAEduConf

June 15-18 • Moscone Convention Center • San Francisco

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

Millennial Management

#NAAEduConf

June 15-18 ☻ Moscone Convention Center ☻ San Francisco

June 15-18, 2016

Moscone Convention Center

San Francisco

Thank You

#NAAEduConfPlease feel free to tweet us!

Jeannette Cox

Jordan Havonec

Melissa Smith @melissalsmith03