Wednesday, July 15, 2009

Millennials Are Unstoppable

More on the new narrative front for generations in the workplace. I predicted in a previous post that we'd start seeing more stories about how GenX better get out of the way of those Millennials when it comes to the leadership positions being slowly vacated by Boomers.

Here's another, from the blog, entitled innocently enough, "Are Gen Y Workers Good for Business?" It's a mini review of a new book by Michael S. Malone. After reading the first three paragraphs, you might think the answer is, no, Gen Y workers are not good for business. But wait. Let's take another look at those youngsters:

The caveat, though, in Malone's mind, is that Gen Y's fierce independence will accelerate the nation's evolution from a corporate economy of worker bees to an entrepreneurial one of innovative thinkers and rapid change, one where a majority of the Gen Y workforce is self-employed or even part of an ever-widening proprietary class.

"This cohort, many with parents who have always worked at home, has little interest in ever taking an office job, or working for a business that doesn't change," he writes. The Gen Y group will be fiercely start-up oriented, and "by 2013, perhaps two-thirds of all adult Americans will be classified as entrepreneurial."

Get out of the way GenX. Those Millennials have some serious destiny to fulfill. By 2013—four years from now—they are going to comprise a new entrepreneurial class that is twice as large as all the other adults in the country.


Jamie Notter said...

I'm having a similar reaction to what I had to the last post, Eric. People look at a generation (in this case, Millennials), conclude that they are different than the existing powers that be, and then assume that the only answer is some kind of separation or abandonment. For Gen X it's that we will fail to step up as leaders. For Millennials it's that they wont work in organizations.

No! They will work in organizations differently, and the successful organizations will be the ones that can figure out how to engage multiple generations, including the huge group of Millennials.

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