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by Ryan Jenkins [email protected] www.ryan-jenkins.com/NGPX NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT

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Page 1: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

by Ryan [email protected]

www.ryan-jenkins.com/NGPX

NEXT GENERATION

engagementproven strategies to ATTRACT & RETAIN millennial TALENT

Page 2: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

3 elementsto engage Millennials Q&A and

today’s agendaBuckle up and buckle down

recapwho are theymillennials

Page 3: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

Age Numbers

GenERATION Z < 18 50+ millionMillennials 19-35 76 million

Generation X 36-51 51 millionbaby Boomers 52-70 75 million

Builders 71-88 56 million*G.I. Generation 89+ 60 million*

THE Generations

Page 4: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

29%

33%35%

Millennials Gen X Boomers Builders Gen Z

2016 workplace5 generations representin’

Page 5: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

25%

75%

Millennials & Gen Z Other Generations

2025 workplaceOh the places they’ll go

Page 6: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

63%

of Millennials HAVE A BACHELORS DEGREE

MAKING THEM THE MOST EDUCATED

GENERATION EVER.

Millennial statsPonder this…

58%

of Millennials are disengaged at work,

the most of any generation.

71%

of Millennials expect to leave

their jobs in 3 years or less.

70%

of Millennials across the globe might

‘reject’ traditional business to work

independently.

Page 7: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

50%of Millennials want opportunities for international work assignments.

58%of adults worldwide ages 35+ agree that “kids today have more in common with their global peers than they do with adults in their own country.”

1st global generationInternational is the new national

Page 8: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

ofMillen

nialevolution the

Page 9: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

2016

2009

2008

2007

20051988

2003

2000

1996

2012

201430%

how will Millennials change your world?will you be ready?

Page 10: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

millennials…desire feedback, making A DIFFERENCE & COLLABORATION

approach differently how they learn, Work, socialize, communicate & Play due to tech

consider the internet the authority & thus think & approach problems differently

are early adopters & seek out opportunities to innovate

communication has & will continue to be shaped by technology

are contributors looking for an active role & an immediate impact

are massively persuaded by their peers & value relationships & experiences over work

demand transparency from leaders, employers & Brands

work/life behavior & values continue to be shaped by technology

high-tech & hyper-social upbringing have made them disruption-prone leaders

cheat sheet

Page 11: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

Millennials area critical mass

of changeagents.

(you know it’s true)

Page 12: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

3 elementsto engage Millennials Q&A and

today’s agendaBuckle up and buckle down

recapwho are theymillennials

Page 13: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

3THAT ENGAGE ElementsmillennialS

Page 14: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#1 INNOVATION

78%of Millennials were strongly influenced by how innovative a company was when deciding if they wanted to work there.

66%of Millennials work in organizations that actively encourage/reward its people for innovative ideas.

Page 15: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#1 INNOVATIONexamples

Page 16: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

Intrapreneurshipinfuse

(the permission and power to innovate will engage Millennials)

#1 INNOVATIONstrategy

Page 17: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#2 Feedback

50% is how much more often Millennials want feedback over other employees.

42%of Millennials want feedback every week, twice the percentage of every other generation.

Page 18: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#2 feedbackexamples

Page 19: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

self reviewsconsider

#2 feedbackstrategy

#1 - Millennials are more critical#2 - Ownership is taken#3 - Managers turn into coaches

Page 20: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#3 development

#1reason Millennials leave organizations is lack of career opportunity.

71%of Millennials likely to leave a company within 2 years believe their leadership skills are not being fully developed.

Page 21: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#3 developmentexamples

Page 22: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

#3 developmentstrategy

reverse mentoring(creates opportunities for Millennials to develop communication skills)

implement

Page 23: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

1 feedback

1 development

1 Innovation3

THAT ENGAGE ElementsmillennialS

Page 24: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

3 elementsto engage Millennials Q&A and

today’s agendaBuckle up and buckle down

recapwho are theymillennials

Page 25: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

STAY CONNECTEDand much more

[email protected]

Bonus Materialwww.ryan-JENKINS.com/NGPX(get today’s slides, free resources & more)

Presentation surveywww.ryan-jenkins.com/survey Free

book!

Page 26: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

ignorance

5

4

32

1Denial

responsibility

resolve

Progress

5 phases of changeStay overwhelmed

Page 27: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

Thank youy’all rock!

“Don’t let your learning

lead to knowledge.let your learning

Jim Rohnlead to action.

Page 28: NEXT GENERATION engagement - Ryan Jenkins · NEXT GENERATION engagement proven strategies to ATTRACT & RETAIN millennial TALENT. 3 elements to engage Millennials Q&A and today’s

references

The logos used in this presentation are the property of the respective third parties.

disclaimer

Ford, Trend Report 2015: http://www.at.ford.com/SiteCollectionImages/2014_NA/Dec/Ford-2015-TrendReportBook.pdf

Boston College Center for Work & Family, Creating Tomorrow’s Leaders: the Expanding Roles of Millennials in the Workplace, Lauren Stiller Rikleen, 2011, http://www.bc.edu/content/dam/files/centers/cwf/pdf/BCCWF%20EBS-Millennials%20FINAL.pdf

Boston College Center for Work & Family, Millennial Careers: http://www.bc.edu/content/dam/files/centers/cwf/pdf/BCCWF%20Millennial%20Careers%20FINAL%20for%20web.pdf

UpWork, Millennial Majority Workforce Study: http://www.elance-odesk.com/millennial-majority-workforce-infographic

Jason Ryan Dorsey, Y-Size Your Business: How Gen Y Employees Can Save You Money and Grow Your Business (Wiley, 2009)

Jeff Fromm & Christie Garton, Marketing To Millennials: Reach the Largest and Most Influential Generation of Consumers Ever (New York: Barkley Inc, 2013)

Barkley, The Boston Consulting Group (BCG), and Service Management Group (SMG), 2011-2013

Deloitte: The 2014 Millennial Survey - https://www.deloitte.com/millennialsurvey

27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, & Parents http://ryan-jenkins.com/2014/10/27/27-stunning-millennial-stats-about-our-future-employees-leaders-consumers-and-parents/

Forbes, 2014: Enough With The Free Food Already, Millennials Want Opportunity and Fair Pay:http://www.forbes.com/sites/datafreaks/2014/09/11/enough-with-the-free-food-already-millennials-want-opportunity-and-fair-pay/

22 Shocking Stats About Millennials To Help You Chart Tomorrow’s Changehttp://ryan-jenkins.com/2013/09/16/22-shocking-stats-about-millennials-to-help-you-chart-tomorrows-change/

YPulse: Youth Marketing and Millennial Marketing: https://www.ypulse.com/Harvard Business Review: https://hbr.org/2015/02/millennials-want-to-be-coached-at-workCenter for Generational Kinetics: http://genhq.com/wp-content/uploads/2015/06/Unlocking-Millennial-Talent-c-2015-The-Center-for-Generational-Kinetics.pdfPricewaterhouseCoopers: http://www.pwc.com/gx/en/issues/talent/future-of-work/millennials-survey.htmlEventbrite, Millennial Research: http://eventbrite-s3.s3.amazonaws.com/marketing/Millennials_Research/Gen_PR_Final.pdfDeloitte:,The 2015 Millennial Survey: http://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/gx-wef-2015-millennial-survey-executivesummary.pdfAV Network: http://www.avnetwork.com/av-technology/0002/report-gen-y-executives-prefer-video/91604

Deloitte: The 2016 Millennial Survey: http://www2.deloitte.com/global/en/pages/about-deloitte/articles/gx-millennials-one-foot-out-the-door.html