Successful Millennials Need Coaching

I recently read the 2016 Deloitte Millennial Survey, ‘Winning over the Next Generation of Leaders’  and it was worrying to discover that millennials, in general, express little loyalty to their current employers and many are planning near-term exits. This “loyalty challenge” is driven by a variety of factors. Millennials feel underutilized and believe they’re not being developed as leaders.  Over half of businesses report having “weak” leadership programmes for their millennial workforce. That is particularly disturbing as millennials make up more than half of the workforce and, in less than 10 years, will make up three quarters!

Given this, I think it’s vital that companies understand that Millennials really do want to accomplish great things and add value to the companies for whom they work. This being the case, it’s in the best interest of their managers to support their goals and leverage the strengths offered by their skill sets, and for me that means by coaching them.

In a global survey conducted by SAP SuccessFactors and Oxford Economics, 1,400 said they wanted more feedback from their managers. Most of those people surveyed said they wanted feedback at least monthly, whereas non-Millennials were comfortable with feedback less often. Overall, Millennials want feedback 50% more often than other employees.

Millennials are digital: they want one-to-one, sociable training