by Steve McIntosh, Fanhub
As Millennials pour into the workforce, HR executives and business leaders are struggling to adapt their management strategies. Glued to their smartphones and practically wired to social media, Gen Y, sometimes known as "generation we", has gained an unfair reputation for being distracted, unproductive and self-absorbed. But rather than viewing their immersion in social technology as a negative, HR and business leaders need to view the social web as a guide to bringing the best out of young employees.
According to a study by UNC’s Kenan-Flagler Business School, Millennials will make up 46% of the U.S. workforce by 2020. However, a recent study by Bentley University found that 68% of corporate recruiters say that it’s difficult for their organization to manage them.
Businesses that fail to address this problem will be at significant disadvantage when it comes to recruiting Millennials and cultivating their potential. Thanks to websites like Glassdoor, potential recruits will know if your company is failing in this area.
To more effectively manage Millennials, we must look to social media for insights on what they value, how they operate and what will motivate them in a work environment. In a profound way, the dominant technology of an era shapes how kids, teenagers and young adults view their world.
It’s easy to scorn Gen Y when we look at their obsession with technology from the outside, but when we look at the world from their perspective, we discover some of the keys to improving their communication, collaboration and productivity.
Here are 5 lessons from social media that HR and business leaders can use to bring out the best in Millennials.
1. Millennials like efficiency
Millennials have grown up in a world where technology is continually making conversations and tasks faster. This is why they abhor things like ‘catchup’ meetings—they’re used to catching up on Facebook or getting concise updates on Twitter anywhere and anytime.
The idea of emailing back-and-forth, booking a conference room, sending Outlook invites, going to a conference room and then having an hour talk doesn’t make sense to Gen Y. They would rather post their latest marketing report to a common wall. They would rather collaboratively edit a Google Doc instead of email around a Word document. And they would definitely prefer to IM their manager rather than walk down the hall.
Provide Millennials with technology that matches the immediacy of social media, and they will become more communicative and collaborative.
2. Millennials turn to collective knowledge
When 22 year-olds want to know something, they Google it. If the answer they need is in Wikipedia, a Marketing blog or a YouTube video, perfect. They don’t want to bother their supervisor or someone else for the answer.
However, businesses have a tendency to silo information with one person. Susan is the invoicing guru, Bob is the expert on business intelligence reports, etc., and unless you ask one of them, it’s almost impossible to learn about invoicing or reporting. This cramps the Generation We learning style, which seems highly independent but is actually quite social.
After all, Wikipedia, YouTube and blogs are ongoing dialogues fueled by billions of people.
To help Gen Y learn your business quickly, you need your experts to begin sharing their knowledge digitally.
A company wiki or similar repository will not only engage younger workers but also minimize the risk of losing knowledge when employees leave the company. A collective knowledge reservoir will improve with time as people create, correct and improve entries.
3. Millennials respond to games and crowd-sourcing
Gen Y grew up on console video games and then transitioned to smartphones. With popular games like Halo, Generation We kids learned to shoot at each other and collaborate. Now, they might challenge their buddies in Words with Friends and compare Candy Crush scores, and just as likely write a detailed Yelp review to help strangers and their favorite local businesses--all from the same device.
When a Millennial wants to find the best sushi restaurant in the neighborhood, she’ll look on Yelp because she trusts these random reviews even if they are strangers. When she’s comparing headphones, she’ll look at Amazon ratings and reviews. All this information on Yelp, Amazon and other sites is crowd-sourced from users.
In the workplace, you can use technology to build a similar symbiosis between competition and collaboration. For instance, you can divide a sales department into teams and crank up the stakes with a Web-based leaderboard. Many companies now use this type of ‘gamification’ to encourage higher performance and teamwork in a fun, approachable way.
Similarly, you can leverage Generation We’s "co-opetive" instincts by allowing them to tap their coworkers for ideas. Today, companies post big data challenges, graphic design projects, marketing campaigns or open source software and watch as people compete or collaborate to get better results.
If your marketing Millennials use a company social tool to request the best slogan for a new product (maybe with a prize incentive), their peers from many different departments will chip in.
4. Millennials want community, not divides
Millennials frequently complain about isolation and divisions in the workplace. They dream of being "part of something" and "making an impact," but in the workplace they’re turned off by the rivalry between marketing and sales. Or, they’re sick of being that "developer guy" who’s cordoned off from the rest of the company.
Your Millennials are especially put off by culture that ignores community because they feel part of multiple global communities and can’t see why people stuck in the same office can’t just work together.
Ever heard of CouchSurfing.com? It’s a social media site that lets you discover strangers around the world and request to sleep on their couches. A lot of Millennials are quite comfortable with it. It’s an incredible example of how easily Millennials overcome geographical, cultural and personal barriers using social technology.
It’s a mistake to think that mobile phones and Facebook are making Gen Y antisocial. Indeed, by using social technology within your business, you can actually help foster the community and camaraderie Millennials seek.
5. Millennials do better without hierarchy
Everyone has experiences in life where they are really passionate about an idea, but a parent, teacher, coach or supervisor squashes it. In many cases, we’re certain we had a great idea, but our superior wanted to exercise authority and power.
The social web has taught Millennials that hierarchy is just a construct. They see how anyone can start a blog, create a meme, post a YouTube video and then earn notoriety. In the social web, they see great ideas rise on their merits and they see awful ideas fall. Millennials enjoy contributing to this open conversation.
That is why the business world’s chain of command tends to demotivate Millennials. They’re used to voicing their opinion in social venues where it would count no more or less than their supervisors. They want to discuss business challenges with their supervisors like peers, not underlings.
To get the best out of Millennials, managers must develop "social media culture" where new recruits feel like their voice is valued. Companies that want innovative thinking should create digital, social spaces where Millennials can raise their ideas and stand for them.
Rather than confining Millennials within the structure of traditional business, HR and business leaders must be willing to adapt. Social technology has bred a generation that values the efficiency of technology and seeks knowledge from digital communities rather than individual experts.
They respond to the imaginary scores and awards that make digital gaming so addictive, and they are just as quick to drop competition and help their peers by writing reviews. Millennials want to be part of businesses that value community, just like the digital communities where they discover and get to know people. And finally, Millennials are more than ready to burn the corporate ladder and voice their ideas in organizations that put the quality of thinking over the age and title of the thinker.
To successfully manage the Millennial workforce, we have to acknowledge the values that emerge from lives built on social technology. Business leaders must drop the idea that they are dealing with narcissistic mobile addicts. To help Millennials achieve their highest potential, the business world must introduce the practices and technologies through which Millennials thrive.
Steve McIntosh is the co-founder and Chief Fan Ambassador of Fanhub, a new kind of cloud-based, collaborative CRM developed specifically for the needs of small businesses. In charge of building brand awareness and customer outreach, Steve is dedicated to helping SMBs find ways to communicate collaborate and delight customers.
A seasoned business leader, software developer, and serial entrepreneur, Steve founded his first company, World Choice Travel, in 1996, at the age of 17. Regarded as the world leader in private label travel, WCT was purchased by Travelocity in 2003. Steve graduated in 2000 with highest honors from the University of Florida and holds a BA in Finance with minors in statistics and economics.