A shift in leadership styles may be coming to the workplace as millennials advance through the office ranks, Hannah Morgan reports for U.S. News & World Report.
Ninety-one percent of millennials say they want to lead—and more than half of those aspiring to leadership are female, according to a new study from leadership training and consulting firm Virtuali and WorkplaceTrends.com.
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As this generation takes on top roles within companies, work and communication styles will likely shift as well, says Morgan, who details four changes to expect.
1. Empowering others: Almost half of the survey respondents defined leadership as helping others succeed, contradicting the "narcissistic" stereotype attached to millennials, says Dan Schawbel, WorkplaceTrends.com founder. Just 5% and 1%—respectively—of those surveyed cited money and power as their top motivator to be a leader.
2. Challenge and inspire: About 60% of respondents said they want to instill their colleagues "with a sense of purpose and excitement." A focus on "meaningful work" may help companies attract and retain talent.
3. Maintaining work-life balance: Additional responsibilities accompany leadership positions, and 28% of millennials say they are concerned holding such a job will affect their time off. It is possible the new generation will foster a collaborative work environment to meet objectives and share tasks.
4. Mentors: Anytime someone moves into a new role, there is a lack of experience. Millennials say they realize they lack some skills, and 53% reported an interest in learning from mentors. Utilizing—or creating—company-sponsored mentorship programs may ease the transitions. More senior staff may benefit from the relationships as well, because younger employees may share technological knowledge with them (Morgan, U.S. News & World Report, 7/22).
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