Millennials are known to be impatient, experimental lot. They have their priorities clearly defined. They prefer travelling and spending on experiences, rather than on high ticket investments like property. As one can easily guess, their working style and expectations from work vary drastically from the earlier generations. Understandably so, the rise in the millennial workforce has resulted in a series of transformations at the workplaces. And if that was not enough, they have influenced the leadership style. Millennial are the firm believers of the fact that true leadership is about empowering others. They believe and look up to leaders who add value and understand their view point. Emotional intelligence is an important virtue and so is flexibility.
If one has to be successful in leading a millennial team, he/she needs to evolve to connect well with the Millennial. Gone are the days of dictatorial and micro-management style of leaders.
Want to be a popular leader. Here are some top leadership traits in the millennial world
- Flexibility and work-life balance: This is the most important for Millennial. They are free spirited and prefer working with leaders who are good with flexible hours, telecommuting and location independence. So, do not make the mistake of stressing for a full house from 9 am to 6 pm every day, if you want to be a leader who is high on the popularity quotient
- Be open to feedback: This is a value that works well with Millennial. They consider this as a sign of a leader who is confident about his achievements and still willing to learn and experiment. They in turn believe that such leaders understand the importance of recognising both your strengths and your weaknesses
- Be simple and humble: The days of the typical bossy leader are over and done with. The Millennial, who are a considerable number in the workforce across organisations, value leaders who are simple and humble. The ‘Hero CEO/ Executive’ Archetype has been broken.
- Live and let live: Millennial value leaders who take stress in their stride and help them with solutions in difficult scenarios. They do not like leaders who unnecessarily follow up or create pressure. They take this as ‘lack of trust’ in the team. So, if you are pestering, snooty leader who wants to keep a close watch on your team, then forget about being a respectable one.
Considering that Millennial will make up 75 percent of workplace leadership by 2025, it’s critical that the current and future leaders evolve and transform their leadership style, so as to ensure the success of their team and the organisation at large.
The most successful leader of a team of Millennial will be the one who can connect with them and understand their aspirations. The key doesn’t lie in just being hands-on with your work, it is also about having a good time or cracking a joke just to ease of stress and doing a heart-to-heart talk with the team sometimes. It is compassion and understanding and not the degree from the most premium institute that can make you the ‘popular leader’ amongst this generation.