Posts Tagged ‘ Loyalty ’

5 Things People Do To Look Really, Really Busy

Millennials are Here to Stay

In 2015, Millennials will be the largest generation in the workforce according to a new report from the Bureau of Labor Statistics. Millennials already make up 28% of management and 2/3 see themselves in management within the next 10 years. Millennials are turning the page to a new chapter for the workforce and will take over as the majority leaders and will have the ability to make large decisions and have great impact.

So what do we know about Millennials? Let’s break this down into what non-Millennial hiring managers believe about Millennials vs. what Millennials actually believe about themselves.1471951_586401470518_4259087240555250497_n

In a recent survey…

Technology

What non-Millennial managers believe:

  • 82% believe that Millennials are more technically adept than prior generations

What Millennials believe:

  • 74% believe they can learn new things more quickly

Loyalty

What non-Millennial managers believe:

  • The majority (53%) report difficulty finding and retaining Millennial talent

What Millennials believe:

  • 79% say that would consider quitting their job and work for themselves in the future
  • A majority (52%) say corporate loyalty is outdated and a majority (58%) expect to stay in their job fewer than 3 years

The majority (80%) of hiring managers surveyed believe that Millennials are narcissistic, 65% believe Millennials are money-driven, and only 27% believe Millennials are team players. However, those same managers also feel that Millennials are more open to change (72%), creative (66%), and adaptable (60%).

The question isn’t whether there is a discrepancy on perspectives, but more so how we handle these differences and positively influence or channel the Millennials’ energy.

Gus is a Learning and Performance Professional at the Ken Blanchard Companies and is currently finishing his PhD in I/O Psychology. He can be reached at gus.jaramillo@kenblanchard.com

LeBron Lends Lesson on Loyalty

It’s official. LeBron James is leaving the Cleveland Cavaliers to join the Miami Heat. In other breaking news, President Obama is expected to declare a state of emergency in Ohio.

The reaction within the Cleveland Cavaliers organization was one of heartbreak and betrayal. LeBron was the local kid playing for the hometown team. The prevailing sentiment was that he would remain loyal to the organization, and his community, by agreeing to return. The organization’s ace in the hole was that they were able to offer LeBron $30 million more than any other organization could offer. But despite the local ties and significantly more money to be made, he bolted for South Beach.

So why did he leave? The politically correct reason we were given was that he felt he had a better opportunity to win a championship by joining forces with his friends, Dwayne Wade and Chris Bosh, down in Miami. In other words, “it’s not you, it’s me,” which of course is the nice way of saying, “it’s mostly you.”

The reality is that there were probably many other factors that contributed to his decision that we don’t know about and might never know about. Why do any of us ever leave one organization to join a different organization? Sometimes, we need a change of scenery. Sometimes, we want more pay. Sometimes, we have a fundamental difference in philosophy. Sometimes, we don’t get along with the boss. Sometimes, we feel taken for granted and unappreciated. Sometimes, we need a new challenge. Sometimes, a once in a lifetime opportunity just falls in our laps. Sometimes, well you get the point.

The fact of the matter is that sometimes, it’s just time. As an organization, you might do everything right but inevitably you will still lose a star employee. Sometimes, it’s out of your control. What you can control is how you handle these situations. There is nothing to be gained by burning a bridge that doesn’t need to be burnt. Who knows, perhaps you and that star employee might want to reunite one day.

That was a lesson that Dan Gilbert, owner of the Cleveland Cavaliers, apparently was never taught. Within an hour of LeBron’s announcement, Gilbert posted this scathing Open Letter to Fans on the Cavaliers website. This provides great insight into the type of leadership at the top of the Cavaliers organization and demonstrates why they were unable to earn LeBron’s loyalty. After all, loyalty is a two-way street and it’s similar to respect in that it must be earned, not demanded or assumed.

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