I am concerned that Millennials are stressed out. They have a higher suicide rate than other generations at their same age. They have the highest diagnosis of depression at their age than other generations. I think we have raised a generation that does not know how to be sad. They are programmed for success and the threat of failure is devastating.
Chip EspinozaTalent acquisition, knowledge transfer, generational diversity, and retention will continue to be serious concerns. I think the golden thread is equipping management to work with Millennials. Let's face it. We are going to see organizations needing to replace 40% to 60% of their workforce. Management has never been more important!
Chip EspinozaI think the best value to leaders is understanding the generations for the purpose of integrating a younger workforce and transferring knowledge from an experienced workforce. I also think smaller companies may not have the resources for management training or recruiting and therefore there is not a lot of margin for error.
Chip EspinozaDignity is different from respect in that it is not based on how people perform, what they can do for us, or their likability. Dignity is a feeling of inherent value and worth.
Chip EspinozaIt was a natural progression for me to write about Millenials transitioning into management but I found myself getting emotional as I wrote. I really do want to repay them for all they have given me. What better way than to help them transition to the next level of their career!
Chip EspinozaImmaturity is the inability to act in your own long-term best interest or consistent with your deepest values. As aforementioned, self-awareness is critical to self-regulation in that it is the process of identifying, among other things, our values.
Chip EspinozaIn general, workers under 35 highly value Millennials' ability to relate, be helpful, be open-minded, and be understanding. Employees over 35 appreciated their energy, enthusiasm, open-mindedness, fresh perspective, and understanding of new technologies. It is interesting, in my early research, Millennials entering the workforce reported advantages they claimed to have in the workplace. The advantages turn out to be strengths that are recognized in them as managers.
Chip Espinoza